Italian Fashion Industry Had a Successful 2022, Growth Forecast Estimated to Be 4% In 2023

2月 10, 2023

The Italian fashion industry had a successful year in 2022, with a 20% growth in turnover in the first half of the year. Despite expectations of a slowdown due to the energy crisis, the turnover growth for the year is expected to be over 18%.

The growth in monetary turnover is due to inflation and increased industrial and consumer prices. In the first 11 months, the “core” fashion sectors saw production growth of 8%, with some allied sectors performing even better.
Exports in the fashion and allied sectors increased by 19%, with strong performances in the US, Korea, and t …