Home / Knowledge / News / Apparel/Garments / Luciano Barbera mill in financial crisis
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

Must ReadView All

Textiles | On 20th Feb 2017

UK textile & apparel exports up 7.05% in 2016: UKFT

The exports of apparel and textiles from the UK have increased by...

Textiles | On 20th Feb 2017

Himatsingka Seide incorporates subsidiary in Europe

Himatsingka Seide Ltd, one of the largest producers of home textiles...

Textiles | On 20th Feb 2017

Sri Lanka's textile exports rise 2.3% in Jan-Oct '16

Exports of textiles and garments from Sri Lanka increased by 2.3 per...

Interviews View All

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

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
February 2017

February 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