Home / Knowledge / News / Apparel/Garments / Italian menswear turnover touched €8.6bn in 2013
Italian menswear turnover touched €8.6bn in 2013
09
Jan '14
The turnover of Italian menswear industry recorded an increase of 1 percent year-on-year to € 8.6 billion during the 2013 year, as per data released by Sistema Moda Italia (SMI), the Italian Fashion System and association of textile entrepreneurs.
 
According to the Industry of Italian Men’s Fashion report of SMI, in 2013, the country’s menswear industry’s turnover reached € 8.6 billion, which indicated an increase of 1 percent compared to the € 8.5 billion turnover recorded in 2012.
 
In terms of value of production, the menswear sector registered a growth of 2.9 percent in 2013 with € 5 billion, compared to € 4.9 billion recorded in 2012.
 
According to SMI, the Italian menswear industry recorded a mixed trend in 2013 with decline in domestic demand for menswear, however, exports of menswear increased during the same year especially to countries outside the European Union (EU), indicating a positive outlook for the menswear industry in 2014.
 
As per the data, during 2013, Italy exported menswear worth € 5.24 billion during the 2013 year, indicating an increase of 3.7 percent year-on-year.
 
Meanwhile, in terms of imports, the country imported menswear worth € 3.3 billion last year, showing a decline of 4.9 percent, compared to 2012, when the country imported menswear worth € 3.5 billion.
 

Fibre2fashion News Desk - India

Must ReadView All

President Donald Trump; Courtesy: White House

Textiles | On 23rd Jan 2017

US textile industry eager to work with President Trump

The US textile industry is eager to work with President Donald Trump...

Textiles | On 23rd Jan 2017

LyondellBasel expands Texas plant ethylene capacity

US based producer of petrochemicals and speciality chemicals...

Textiles | On 23rd Jan 2017

China’s cotton imports down 39% in 2016

China’s total cotton imports declined by 39.1 per cent to ...tons in...

Interviews View All

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search