Surge in leathergoods exports from Italy
19/09/2013
Bag exports in the first five months totalled EUR 2.2 billion, driven largely by exports of leathergoods, which grew 16%, while exports of goods made with synthetic materials grew only 1.6%.
“Foreign demand, then, is still mainly for luxury products from the top end of the market; this very clearly matches the breakdown of Italy’s sales abroad as a whole, and their pattern of growth,” said leathergoods association Aimpes.
The mean price of women’s handbags, the mainstay of the industry’s exports, rose by 5.1% overall: for leather the price rise was 6.6%. The volume of leather bags exported grew 12% while the volume of synthetic bags rose 3%.