Italy contributes 60% of EU fashion industry value
23/11/2010
Speaking on ‘near-future scenarios’ at the association’s annual conference in Milan on November 20, Mr Artioli said: “We can say that Italian footwear companies have succeeded in reacting and reorganising themselves better than other sectors. The proof of this is supplied by the latest data, which tell us that the sector has suffered less than others from the negative effects of the crisis and is among the first to give signals of recovery. But this is not enough: today we have to look far ahead, look at the scenarios for the future, understand what our sector’s role in the fashion system will be.”
He added that Italy is “the only true laboratory able to create medium-high and high-end products on the global level”.
Mr Artioli concluded that the wider fashion sector, although still considered an industry better suited to developing countries, has huge value to offer the Italian and European Union economies. In 2009, he said the tanning, leathergoods, footwear, textile and clothing sectors in Italy had contributed EUR 24.4 billion to the Italian economy, 60% of the industry’s total contribution across the European Union.
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