The Palazzaccio, a 28.700 sqm building in Scandicci, will become the main Italian settlement of Yves Saint Laurent for leather goods. The building complex Palace of Finance, built 25 years ago as a branch of the Ministry of Finance and never used, will become the Center of Excellence for Luxury Leather Goods of Yves Saint Laurent (Kering Group).

The new leather goods center, which will be called Atelier Maroquinerie Ysl, will host all the different production phases – R&D, prototyping, production, and training – and will host 650 employees, including more than 300 new jobs.