Luxury group Kering has announced that it will make a contribution to a restoration project at one of Florence’s most famous buildings, the Palazzo Vecchio, reports Leatherbiz.
Specifically, Kering will contribute to the renovation of the lighting system in the Michelozzo courtyard of the palace. The project will begin in the months ahead and continue throughout 2021.
Chief executive, François-Henri Pinault, said Kering’s desire was “to help the city during a particularly difficult time”.
He said that Florence and the wider region of Tuscany were the first places to come to mind on thinking about the best parts of the world for investing in the craftsmanship and managerial skills that Kering relies on to make its products. “It has always offered us the highest quality,” he said.
The announcement comes one year after the city of Florence awarded Mr Pinault its Fiorino d’Oro (Golden Florin) civic award. Mayor, Dario Nardella, said Mr Pinault had “always believed” in Florence and the surrounding region, creating substantial job opportunities there.
As well as being the headquarters of Gucci, Kering’s most valuable brand, the group is also producing leathergoods for its Saint Laurent and Balenciaga brands in the area around Florence.