All Italy articles – Page 3
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News briefs
Italian Trade Agency invests in exports to U.S.
The Italian Trade Agency is investing €28 million to boost exports to the U.S. Of that total, €8 million is devoted to consumer goods, such as footwear and textiles. The overall figure is 45 percent higher than it was last year. According to Antonino Laspina, the agency’s executive director, the ...
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News briefs
Italy and Marche region to fund leather cluster
The Marche region and the Italian government each plan to provide €30 million, by contributing €15 million each, to finance the relaunch of the Marche footwear and leather cluster centered around the towns of Fermo and Macerata. The focus of the investments will be on infrastructure. The cluster has suffered ...
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Article
Italy’s 2019 shoe production fell by 3.1% in volume
Italian footwear production fell by 3.1 percent to 178.6 million pairs in 2019 as the industry continued to suffer from a weak domestic market and a decline in export volumes, according to an estimate released by the Italian shoe industry association Assocalzaturifici. The value of the production rose by 1.3 ...
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Article
Italian fashion groups cut costs to mitigate coronavirus impact
Tod’s, Salvatore Ferragamo, Prada and Aeffe, which are all listed companies, have announced measures to cut costs in order to mitigate the impact of the novel coronavirus epidemic, which has affected sales and manufacturing. Tod’s noted that the arrival of the novel coronavirus, known as Covid-19, has forced it ...
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