Swiss zips and buttons manufacturer Riri has joined forces with France’s Coeurdor to create what they say is the largest metal accessories group dedicated to high-end luxury brands.
The combination of the two companies is expected to result in a unique value proposition, offering the full range of metal trims. This will allow luxury brands to simplify their supply-chain and benefit from unique innovation capabilities, including new technology like 3D printing and stainless steel, the two companies say.
They will also rely on a production network that spans from France, Italy, Switzerland to Portugal, offering “maximum flexibility and security of supply” adapted to fashion market requirements.
Headquartered in Maîche, France, Coeurdor is a manufacturer of metal accessories for the luxury industry. The company specialises in surface finishings and manufacture of metal products for luxury leather goods, with production facilities in France and Portugal.
Riri, meanwhile, is headquartered in Mendrisio, Switzerland, and produces zippers and buttons through its namesake and Cobrax brands, mostly for the high-end luxury market. The company has commercial offices in Paris, New York City, Los Angeles, Hong Kong, and Shanghai and four manufacturing sites across Switzerland and Italy.
Robert Jeambrun, chairman of Coeurdor, says: “We believe the two organisations share the same values, including a focus on innovation and dedication to high service levels for our customers. Crossing our path with Riri will enable us to continue our growth story and increase our financial means, becoming the supplier of choice of high-end luxury brands.”
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By GlobalDataRenato Usoni, CEO of Riri Group, adds: “The alliance of the two groups will create a new leader in the market with a unique business model and industrial means capable of supplying all metal pieces needed by our clients, from zippers to buttons and metal trims, all at once. The combined offering will be highly synergetic and will allow our clients to better industrialise their supply chains and benefit from unique innovation capabilities.”
