"Italian producer Swinger International lays off 70 workers following loss of Versace business", 9 December 2025

Only two weeks after entering an eight-month temporary redundancy procedure relating to its entire workforce, on November 25 the company applied for collective redundancy for 70 of its 148 employees...

The business outlook for Swinger worsened dramatically in the last few months, according to union sources, as a result of the company losing Versace as a client. The Italian luxury label...single-handedly generated about 80% of Swinger’s revenue, having licensed the Versace Jeans Couture line to the Veneto producer.

...Prada has pointed out to FashionNetwork.com that Versace had decided to terminate its licensing deal with Swinger as early as October 2024 - before negotiations between Capri Holdings and the Prada group for Versace’s acquisition began - when it opted to discontinue the Versace Jeans line.

Prada also made it clear that the decision was not linked to any plans to relocate production, as some sources have claimed, but to the choice made last year to discontinue the Versace Jeans Couture line.

...Swinger declined to comment or make a statement. It said however that the company owners’ reactions to this serious state of affairs will surely be made known in the coming days...

The first union consultation to handle the collective redundancy procedure took place...

On Tuesday December 9, the Filctem-CGIL union refused to sign off on a deal. According to L’Arena, the union’s representatives said that “their requests, including among other provisions a safeguarding clause relating to when the redundancies would start, have not been taken on board.” Moreover, the union said that “the conditions set by the company are absolutely unacceptable, starting with a wholly inadequate resignation bonus.” Filctem-CGIL also said that it will assist individual employees if mandated by them.

Swinger’s current difficulties are said to have started in May, when the company applied for a redundancy procedure for 171 employees, owing to a shortfall in production orders, but things came to a head in late summer, even after 23 workers resigned.