Burberry buys supplier to increase technical outerwear output
UK luxury brand Burberry has bought technical outerwear maker Pattern, a Turin-based manufacturer of quilts and downs, which has been supplying the brand for 20 years.
The EUR 21 million investment will enable Burberry to increase its technical outerwear capability and includes employees, equipment and inventory.
Approximately 70 of Pattern’s employees in Turin will join Burberry on completion of the acquisition, expected later this year. Pattern will continue to operate the parts of the business not included in the transaction.
All of the electricity Pattern uses at its sites is from renewable sources, and the company is on track to achieve carbon neutrality at its Turin site in 2023.
Burberry CEO Jonathan Akeroyd said: “This strategic investment is an important next step in bringing our outerwear category to full potential. It will enhance our capabilities, building on our strong foundations in the UK, and provide greater control over the quality, delivery and sustainability of our products. It’s an exciting development and I am delighted to welcome our new colleagues on board.”
