
BY: Don-Alvin Adegeest
Exports of Italian men’s fashion concluded 2022 on a high note, showcasing robust growth, according to data released during a press conference for Pitti Uomo 104. The Confindustria Study Center for Sistema Moda Italia revealed that exports from January to December 2022 saw a remarkable increase of 24.7 percent compared to the previous year, totaling approximately 8.9 billion euros, reported Pambianco.
Imports also experienced significant growth, rising by 43.9 percent to 7 billion euros. European Union and non-EU markets both witnessed substantial expansion, with growth rates of 25.6 percent and 24 percent, respectively. The EU market accounted for 45.4 percent of the sector's total exports.
SOURCE: https://fashionunited.uk
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