×
40 830
Fashion Jobs
ESTÉE LAUDER COMPANIES
Latam E-Commerce Project Manager/Product Owner
Permanent · New York
MICHAEL KORS RETAIL INC
Sales Supervisor, Crabtree Valley, Raleigh nc
Permanent · Raleigh
GAP
General Manager - Lenox Square (Kids & Baby)
Permanent · Atlanta
GAP
General Manager - Northbrook Court
Permanent · Northbrook
GAP
General Manager- Stonebriar Mall
Permanent · Frisco
GAP
General Manager - Roseville Galleria
Permanent · Roseville
GAP
General Manager - Central Texas Marketplace
Permanent · Waco
GAP
Merchandise Planner - Boys - Outlet
Permanent · New York
GAP
Unassigned General Manager - Greater Nashville
Permanent · Nashville
ALICE AND OLIVIA
Sales Supervisor - Cabazon Outlet
Permanent · Cabazon
TARGET CORPORATION
Owned Brand Product Design Director, Pets
Permanent · MINNEAPOLIS
LA MER
Manager, Global Supply Chain Operations - Inventory
Permanent · New York
MAC
Business Development – Key Consumer Manager, Mac
Permanent · New York
H&M
Retail Flagship Visual Manager
Permanent · Chicago
JBCSTYLE
Art Director
Permanent · NEW YORK
JBCSTYLE
Sales Operations Coordinator
Permanent · NEW YORK
ESTÉE LAUDER COMPANIES
Manager, Solution Architect- Omni Retail
Permanent · New York
TOM FORD BEAUTY
Vice President, Marketing, Tom Ford Beauty North America
Permanent · New York
ESTÉE LAUDER COMPANIES
Category Insights Manager - Supply Chain
Permanent · New York
ESTÉE LAUDER COMPANIES
Senior Account Coordinator, Estee Lauder Travel Retail – Americas
Permanent · Los Angeles
ESTÉE LAUDER COMPANIES
Manager, Product Manager
Permanent · New York
ALICE AND OLIVIA
Sales Supervisor - Town Center at Boca Raton
Permanent · Boca Raton

Italy's fashion industry growth stalls due to trade tensions

By
Reuters API
Published
today May 20, 2019
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Italy's fashion industry increased revenues by just 0.2% in the first quarter of 2019, held back by trade tensions between the United States and China, the national sector body said on Monday.


Gucci - Fall-Winter2019 - Womenswear - Milan - © PixelFormula



The industry, whose annual revenues account for around 4 percent of Italy's gross domestic output, has grown by 3% on average every year in the last decade, said Carlo Capasa, chairman Italy's National Fashion Chamber (CNMI).

"We hope to recover in the second part of the year," Capasa told reporters at a press conference to present Milan's Men Fashion Week, which will take place on June 14-17.

Turnover in the Italian fashion industry rose 2.8% to 66.6 billion euros (£58.3 billion) in 2018, according to CNMI estimates. Including textiles, leather and shoes, sales reached 89.3 billion euros, up 2.3% year on year. Exports accounted for over 75% of sales.

Capasa urged the Italian government not to raise the sales tax on fashion goods.

Speculation the government could hike VAT on targeted products, including luxury items, has increased amid concerns Rome could struggle to manage deteriorating public finances in the second half of the year.

 

© Thomson Reuters 2019 All rights reserved.