The Italian fashion industry is not optimistic in 2008

by:JIYALI     2021-08-14
According to the website of the Italian agency Ansa, the Italian fashion industry will face huge difficulties and the most severe challenges in 2008, and the prospects are not very optimistic. The above is the conclusion drawn after the recent investigation and analysis of the Italian National Fashion Chamber. Because at the end of 2007, this sign has become very obvious. According to current forecasts, sales will show a downward trend, with the textile industry down 0.1%, and clothing and accessories down 1.1%. The entire industry's production will drop by about 4.0%.   In 2007, Italian fashion industry sales reached 69.5 billion euros, an actual increase of 2.5%, lower than the 2.9% forecast. It is predicted that sales in 2008 will be approximately 70.2 billion euros, a growth rate of less than 1.0%. Judging from the current market conditions, the outlook for the fashion industry in 2008 is not optimistic. The main reason for this is the increase in consumer instability, the lack of fiscal policies to support income, and the continued strength of the euro against the dollar exchange rate.   When talking about the Italian fashion industry in 2008, the chairman of the Italian National Fashion Chamber said: If a country faces severe difficulties and its economy cannot grow, the fashion industry will also be affected by it. There is no doubt that the fashion industry in 2008 is more difficult to overcome today's difficulties than predicted and imagined.
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