RESHORING CASE

OVS

Company details
Code: 
OVS
Status: 
Work in progress
Company name: 
OVS
Company country: 
Italy
Number of employees: 
3795
Sector: 
C - Manufacturing
Sector detail: 
C14 - Manufacture of wearing apparel
Sub-sectors: 
C14.1 - Manufacture of wearing apparel, except fur apparel
Reshoring details
Reshoring announcement date: 
25/10/2015
Starting implementation date: 
January, 2016
Reshored to: 
Italy
Location of affected unit(s): 
Puglia
Location code: 
ITF4
Reshored business function: 
Production
Partial or Total reshoring: 
Partial
Reasons for reshoring: 
Government support to relocation
Case narrative: 

OVS is an Italian company focused on garments and apparel. 

According to the news, national and local politicians have activated a task force which aims to enhance the backshoring of Italian companies. OVS is the second largest company in the apparel sector that is planning to backshore, and the largest producing clothing for the mid-range segment of the market. So far, only high end segment companies have reshored. As the move has just been announced, numbers are not yet known in regards to actual implementation, the number of jobs created and destroyed and the company's key motivations. Further monitoring of the case is required in this regard.

Sources: 

La Repubblica, 25 October 2015

Il Sole 24ore, 09 May 2016

Offshoring details
Offshoring date: 
2008
Offshoring governance mode: 
Third party (external suppliers)
Reason for offshoring: 
Labour costs