Mixed results for Italian shoemakers
Exports of Italian footwear grew 16% in value in the first quarter of the year, but volumes fell 2%, according to manufacturers’ association Assocalzaturifici.
Sector turnover grew 14% but production fell 1%.
Giovanna Ceolini, chair of Assocalzaturifici, said: “After yet another record being broken with the final balance for exports in 2022 (12.7 billion euro, +23% over 2021), the growth in exports continued, with a further +16.1% increase in value,”
“In particular, all the top 20 international destinations for Italian footwear, with the sole exception of Switzerland (-7.8%), saw increases in value, that were almost always in double-digit territory.