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.