Italy news and archive

Primark to invest 40 million euros in store portfolio in Italy

Fashion retailer Primark, known for its affordable clothing and homeware, is investing 40 million euros to grow its Italian store footprint as it looks to expand across the country. The investment will see Primark opening five new stores in Rome, Biella, Perugia and two in Naples, bringing its Italian store count to 26. These new stores will...

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Rome shoppers take pot luck in 'blind sale' of unclaimed packages

Benedetta slid a manicured nail through the sellotape of a mystery package to unwrap a garden hoe and earbuds. Her friend discovered she had bought some sort of harness. The Italian students are among hundreds of people at this "blind sale" of unclaimed packages, where boxes large and small are paid for according to their weight at a Rome...

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Italy: Audit system for luxury companies raises questions

Following the scandal surrounding working conditions at certain subcontractors of luxury brands based in Italy, Reuters is shedding light through an investigation on the audit system of large luxury groups that is deemed to be "failing". Last June, Dior, Armani and many other luxury brands were accused of collaborating with subcontractors who do...

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New report unveils gender disparities in Italian fashion manufacturing industry

Non-profit Global Fashion Agenda and accountancy firm PwC Italy have published a preliminary research report that provides a detailed assessment of pay disparities in the Italian fashion sector. Titled “Unpacking Pay Equity in Fashion: Italy”, the report was developed with support from the Italian fashion association Camera Nazionale della Moda...

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Fairs

How the Italian menswear sector has fared as Pitti Uomo kicks off the buying season

Pitti Uomo, the Italian menswear trade show that kicks off the buying season, opens the doors of its 106th edition in Florence today. Here, nearly 800 menswear brands are set to present their collections for spring/summer 2025, 44 percent of which will descend from abroad. Among the special events are shows by guest designer Marine Serre and...

Fashion

'Market of Fakes' in Naples, capital of counterfeits and Camorra

As top brands like Gucci and Prada prepare to report billions in sales this month, luxury fakes on the streets of Naples are also yielding a jaw-dropping cash stream -- for the mafia. The teeming southern metropolis is ground zero for Italy's estimated 6-7 billion euro (6.5-7.5 billion dollar) counterfeit market, where fake handbags, sunglasses,...

Retail

Primark to invest 50 million euros into Italian retail network

Budget retailer Primark has said that it will be investing 50 million euros into its Italian retail footprint, with five new stores to be a part of the expansion plan. The news was shared by the director of Primark Italy, Luca Ciuffreda, who said in an open letter that the move will take its retail network in the region to 20 stores over the...

Retail

Europe's online shopping surges 42 percent, with the Italian market valued at 5.8bn euros

In 2022, online fashion purchases in Europe surged to 42 percent of the total market, reaching 5.8 billion euros in Italy, an 11 percent annual increase, according to Netcomm. The rise of mobile devices, brand websites, apps, reviews, and various e-commerce channels has fueled clothing purchases online, with nearly half of fast fashion retailers...

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Italian men's fashion exports skyrocket

Exports of Italian men’s fashion concluded 2022 on a high note, showcasing robust growth, according to data released during a press conference for Pitti Uomo 104. The Confindustria Study Center for Sistema Moda Italia revealed that exports from January to December 2022 saw a remarkable increase of 24.7 percent compared to the previous year,...

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Gucci's ArtLab to reopen

Fashion production is beginning to restart in Italy as the country slowly begins to lift coronavirus restrictions. The company has signed an agreement with trade unions to reopen Gucci ArtLab on April 20. ArtLab is home to Gucci's leather goods and prototype productions. “Since the beginning of this emergency, before it was officially defined as...

Retail

Italian fashion brands ask for rent suspesions

Confindustria Moda, an organization representing the Italian fashion industry, has asked commercial premises landlords to put lease payments on hold for retailers. The appeal was due to the coronavirus crisis, which has left Italy as one of the hardest hit countries in the world by the global pandemic. Total number of cases in Italy are only...

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Sales, employment and profits growing in the Italian fashion sector

Italy is long renowned for the quality of its craftsmanship, especially when it comes to clothing and leather goods. As a result, one third of European fashion giants either is Italian or operates in Italy. But how are those companies doing? To find that out, local investment bank Mediobanca analyzed the financial results of 163 fashion...