Meltin'Pot is presently facing a restructuring phase. As explained by Augusto Romano, president of Romano, Italian specialist jeans and casual trouser manufacturer and owner of the Meltin'Pot brand, the company has applied for admission to the composition procedure at the beginning of November 2013.

“Considering the difficult market situation and the significant diminishment in orders and agreements to produce for other brands, we are forced to restructure. Our aim is to put the company in the conditions to start being operative and efficient again, despite the change in market conditions,” explained Romano. “We don't want to close, but we must control costs and restructure our debts.”

At present 180 of the company's 260 workers are already in redundancy pay while 80 out of 91 are working according to a "defensive" job-security agreement. In both cases these agreements will finish by end January 2014. Agreement at a local tribunal of the composition with creditors procedure is required in order to prolong the time of redundancy pay.

The company is not planning to participate in any trade show at present, although they are preparing a series of initiatives in collaboration with selected retailers in order to support sales and push ahead their recovery.