Italian ready-to-wear producer Swinger International (Swinger) is in trouble. The company, based in Bussolengo, near Verona, has been producing jeans and ready-to-wear for major fashion labels since the early 1970s, and is now about to lay off almost half of its workforce.

It will be a very bitter Christmas for Swinger’s employees. 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, as reported by local newspaper L’Arena .

The business outlook for Swinger worsened dramatically in the last few months, after the company lost Versace as a client. The Italian luxury label, whose acquisition Prada formally completed last week, single-hande

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