Swiss luxury shoemaker Bally is ending shoe production in Switzerland.
The company will stop manufacturing at its Caslano site in Ticino by the end of August, with the last 27 production workers losing their jobs.
Just two years ago, around 250 people were employed there. Only administrative offices are expected to remain for now.
The move follows the takeover of Bally by American investor Regent LP two years ago and marks the latest blow to Swiss manufacturing after sewing machine maker Bernina announced plans to shift production to Thailand.
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