Italian footwear industry is facing headwinds this year

The Italian footwear sector experienced a challenging start to 2024, with significant declines in exports and turnover during the first quarter. According to a report by the Confindustria Moda Study Center for Assocalzaturifici, Italy's national shoemakers association, exports fell 9.7 percent in value and 10.3 percent in volume, while overall turnover decreased by 10.1 percent.