Last summer, Corneliani decided to submit an application for admission to the composition with creditors procedure, following a decision in November 2019 to cut 130 jobs in its headquarters.

Pal Zileri has also been severely impacted by the pandemic and, at the end of last year, Forall Confezioni SpA, which produces the storied men’s wear brand, informed trade unions that it planned to cease the operations of its manufacturing plant in Quinto Vicentino, outside the Italian town of Vicenza. This means laying off 250 employees working at the plant, but the number can reach 400, including employees in offices and sales assistants in stores around the world.

Ceasing operations would allow Forall’s employees to be paid through the state’s extraordinary wage fund, or CIGS, and allow the brand to continue to exist, while the owner, Mayhoola, will try to find an industrial partner for the plant.