Italy: Retailers look overseas

1 September 2013

Italy's trade and industry association, Confindustria, has urged local retailers to look into expansion in overseas market to improve the export performance of its high-end brands.

Italy achieved export growth in 2012 of 2.1%. Export-focused industries, including footwear, saw a significant drop from levels attained in 2011 (6.1%) and in 2010 (15.3%)

"Italy suffers from the absence of Italian retailers who have become successful at an international level. Italian retailers could serve as a showcase for Made-in-Italy products. Alternatively, brands must either work with large international distribution chains or open their own stores in export markets," the association announced in a statement.

Confindustria stressed that the majority of Italy's leather goods, footwear and other fashion brands are small and medium-sized enterprises, making it difficult for them to find the resources for expansion.



Privacy Policy
We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.