Wealth a wide range of metal smallware fao high fashion
Luck comes by itself and top-notch skills are a godsend, but this is not always true. Or rather, there is constantly room for improvement and those who have chosen to ground their philosophy in this belief can now reap, albeit in such a complicated period for the fashion industry, the benefits of their work. This is the case of Wealth, Desio-based enterprise that, thanks to smart, brave decisions, has managed to stand out as a prominent accessories manufacturer. Wealth has grown into renowned, widely praised business, yet there is no time to rest on one’s laurels.
Andrea Patria, the Covid outbreak has deeply changed, sometimes even upset, the fashion industry. How has the pandemic affected your company?
The first period was undoubtedly marked by a sense of general bewilderment, the stores closed, the lockdown, and nobody knew what was going to happen next. 2020 was quite terrible, no need to beat around the bush. In the first months of 2021, the market seems ready to get back on track, at least high-end fashion brands have resumed their sales. However, there were expectations for a stronger rebound in 2021, instead the process in more gradual. The delay in the vaccination schedule has deeply affected said trend, let’s hope for a more marked recovery next fall.
Have you noticed some changes production-wise in terms of accessories collections?
For sure, there is less room for bolder articles, both colour-wise and in terms of galvanic treatments. Brands prefer something classic, probably they don’t want to take any risk. The demand for studs has experienced a slight slowdown, in favour of simpler, smoother solutions.
Has the crisis resulted in a price war in your sector as well?
Competition has certainly grown a bit fiercer as well as the downward trend concerning trends, but, given that we deal with a high-quality, constantly monitored product, our prices are understood and accepted. Furthermore, creativity is another key factor: in some cases, “copying” items has become a pretty common practice. Luckily enough, we know how to stand out. Our customers appreciate our care as they seek for a fair price as well as a sheltered, controlled production.
What are Wealth’s distinctive traits?
We can rely on our skills and know-how. We guarantee the highest quality standards and comply with delivery schedules; the feedback has always been positive and customers basically never send back the articles. If we were lacking the required expertise to carry out these tasks, we would be out of business already. Price is important, yet not the only defining element. The fact that we can manage the whole production process is an asset, given that brands, especially high-end ones, have no time to keep up with everything directly nor to solve the issues derived from it.
Therefore, have the investments in quality control paid off? Absolutely, this is another determining factor. If you supply even a single flawed product, then used, for example, for the making of a bag, there might be some unpredictable consequences for the company, because our smallwares can be easily recognized by industry professionals. For this reason, we have implemented quality control automatic systems that help us deliver perfect, finely-crafted articles.
Can the exhibitions turn into a springboard for your company? The majority of the articles are customized solutions. For quite some time, we have been focusing on the manufacturing of special, bespoke products. Therefore, for us, it is difficult to attend trade shows: image-wise, it does not sound right, nor possible, to put on display a tailor-made item, longtime customers might be displeased. For us, it is far more useful to go visit the customers, even existing ones: personal relationships make the difference. It is a sector that has been experiencing a significant evolution, putting customer loyalty in the limelight.
www.wealth.it
COMPLETE ORDER MANAGEMENT
Lately, in order to meet the clientele’s pressing demands, Wealth has been dealing, more and more frequently, with the application of the articles manufactured as well. The company provides the customer with the assembled product, taking care of the whole processing and applicative cycle. Upon receiving the required goods, it handles the application of studs and later carries out a quality control on the finished product – in addition to the one already performed on the corporate items -; only after those procedures, the firm sends back the assembled article to the customer. The result is the complete management of order, much to the satisfaction of the clientele.