Italian textile industry back on growth track in 2017

Feb 09, 2018 696

BY: Dominique Muret

Italian textile manufacturers made up some lost ground in 2017. The figures published on Tuesday at the opening of Milano Unica, the benchmark trade show for the Italian textile industry, being held at the Rho exhibition centre in Milan until 8th February, show that the industry has reversed the trend after a two-year decline. 

According to the estimates produced by the research centre of Sistema Moda Italia (SMI, Italian fashion's employers’ association), based on data from ISTAT, Italy's national statistical institute, in 2017 the revenue of the Italian textile industry was €7.94 billion, equivalent to a 1.3% growth, and to 15% of the country's total textile and apparel industry revenue.

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