Luxury goods group IT Holding will relocate some of its apparel operations to China in an effort to cut costs and enter new markets, Il Sole 24 Ore has reported.

After experiencing "excellent results" by shifting production of its eyewear brand Allison to China, IT said it decided to manufacture clothing in the Asian country as well.

However, the company said it would only undertake the venture with a local partner who met fashion quality standards.

IT owns brands including Gianfranco Ferre and Malo and makes clothing under licence to Dolce & Gabbana, Versus and Versace Jeans.