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Luciano Barbera mill in financial crisis
02
Aug '10
The bolts of wool and cashmere manufactured at Luciano Barbera's mill are considered as some of the finest in the world. Armani, Zegna and Ralph Lauren, are a few luxury fashion brands that purchase products from Barbera's mill.

However, the mill's financial status is far from attaining a full score. Like most of the Italian economies, Carlo Barbera firm is also struggling.

While describing the struggling economies of his business, 72-year-old Barbera stresses on the 'Made in Italy' label. He further added that, since ten years, an increasing number of garment designers have been purchasing low-priced fabric from nations like China or Bulgaria and add a 'Made in Italy' label on garments, even if they are just sewn in Italy.

More so, Barbera also stated that, till now there were no rules about the aforesaid tag and its meaning, but things are likely to change post implementation of a new law that will take place in October. Under the law, if two of the four stages in the manufacturing process of a garment take place in Italy, then the garment can be declared as 'Made in Italy'.

However, sources claim that, labeling the garments is just one of the many reasons or barriers that are standing between Barbera and profitability.

Fibre2Fashion News Desk - India

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