InquiryNow

Please fill in your details to download the Table of Contents of this report for free. We also do customization of these reports so you can write to us at mi@fibre2fashion.com in case you need any other additional information.

Name

Company

Phone Number

Country

Comments

Advanced Search

Home / Knowledge / News / Textiles / Signs of confidence from the 9th Milano Unica

Signs of confidence from the 9th Milano Unica

14
Sep '09

The 9th Milano Unica, the Italian Textile Fair, promoted by the leading “Made in Italy” Textile Exhibitions (Ideacomo, Ideabiella, Moda in and Shirt Avenue), has come to an end bringing a sign of confidence for Italian and European exhibitors. Over the four Milanese exhibition days, there were 12,500 visiting companies, with a slight increase in foreign visitors over the February event. On the eve of the exhibition – and with -7% in exhibitors and the heavy stagnation of order logs and invoiced sales all companies in the industry experienced in the first part of 2009 - none expected such result even if – as customary - the September exhibition welcomes a larger number of visitors.

The economic survey conducted by the SMI Study Centre including a limited number of associated weavers but truly representing the overall scenario of the industry, highlighted a dramatic drop in Italian and foreign invoiced sales in the first quarter of 2009 with a variation of -32.6%. A similar decrease occurred in production volumes (-32.4%). As for purchase orders, the surveyed companies reported a reduction by -29.5% in the same quarter.

Exports of textiles on their side, decreased by 30.3% over the January-April period compared to the same period of last year with no major difference between European (-27.2%) and non-European (-34.2%) markets. It should be highlighted that the US market - and the epicenter of the world crises - became one of the major victim with a -53.3% in four months only.

The number of buyers who visited the stands of the 486 exhibitors, of which 382 from Italy and mainly from Lombardy, Piedmont, Tuscany, Emilia Romagna, Veneto, gives evidence of the February 2009 trend, with an increase by 2.5% over the last February exhibition. The drop in the number of American and Japanese buyers compared with the February event was balanced by the attendance of China and Hong Kong clothing makers whose number increased even versus the September 2008 edition. There were also more buyers from the United States (+10%) Germany (+15%), Great Britain (+8%), the Russian Federation (+18%), Brazil (+20%), Canada (+11%) and Korea (+29%) than in February.

Once more, the 9th Milano Unica enjoyed the well-established collaboration with the Italian Trade Commission (ICE) and organizer of some of the visiting delegations including buyers and journalists from Japan, the US, England and Germany.

“It has been a great Milano Unica - stated Pier Luigi Loro Piana, President of Milano Unica and Ideabiella, the most prestigious International appointment dedicated to the presentation of the season's best classic/evergreen textiles in the high-end menswear market -, not only for the successful media event achieved with the presence of Prime Minister Silvio Berlusconi and the wonderful On STAGE event with 10 international emerging stylists, but also for the rich and well-focused product supply offered by exhibitors. According to the opinion of leading Italian and international stylists and garment producers, quality, creativity and innovation incorporated in the textiles on display during this exhibition were examples of extraordinary excellence making Milano Unica an unmissable international appointment for the trade. We are furthermore encouraged by the commitment of Mayor Letizia Moratti and the President of the Lombardy Region Roberto Formigoni joining hands to promote qualified cultural initiatives for up-coming exhibitions with a view to making ever more Milano Unica an extraordinary events and not only in terms of business”.

More Textiles News - Italy...