Italy news and archive

Gucci's ArtLab to reopen

Fashion production is beginning to restart in Italy as the country slowly begins to lift coronavirus restrictions. The company has signed an agreement with trade unions to reopen Gucci ArtLab on April 20. ArtLab is home to Gucci's leather goods and prototype productions. “Since the beginning of this emergency, before it was officially defined as...

Retail

Italian fashion brands ask for rent suspesions

Confindustria Moda, an organization representing the Italian fashion industry, has asked commercial premises landlords to put lease payments on hold for retailers. The appeal was due to the coronavirus crisis, which has left Italy as one of the hardest hit countries in the world by the global pandemic. Total number of cases in Italy are only...

Featured

Business

Sales, employment and profits growing in the Italian fashion sector

Italy is long renowned for the quality of its craftsmanship, especially when it comes to clothing and leather goods. As a result, one third of European fashion giants either is Italian or operates in Italy. But how are those companies doing? To find that out, local investment bank Mediobanca analyzed the financial results of 163 fashion...

Retail

Uniqlo to enter Italian market in 2019

Casual apparel brand Uniqlo is set to continue its European expansion by adding Italy to its retail portfolio in 2019. Fast Retailing, the Japanese company which owns the brand, has issued a statement revealing its plans to open the first Uniqlo shop in Italy next fall, to be located in Piazza Cordusio, a square in the heart of Milan. “We are...