Among the most successful Italian fashion companies in terms of turnover, Luxottica Group, without a doubt the global leader in the eyewear sector, ranked first. In 2018, the group registered a turnover of approximately 8.9 billion euros. During the same year, Prada, well known for producing high-end clothing, accessories, and footwear, came second in the ranking, reporting a turnover exceeding 3.1 billion euros.

Global leaders in the luxury sector

Luxury goods manufacturers meet consumer demand by focusing on brand, design, materials and craftmanship to transform everyday objects into status symbols. In this sense, Italian companies designing and producing luxury goods are leaders on a global scale. In fact, the most famous Italian brands generate the vast majority of their revenues abroad and are well established in the leading markets for personal luxury goods worldwide (245645).

The European market is still leading

New markets and segments are giving the industry growth points and developing countries are becoming increasingly important for luxury companies that want to expand their business and increase their revenue. However, Europe is still the leading market for personal luxury goods, probably also due to the fact that many overseas tourists enjoy visiting the Old Continent for a shopping spree. Indeed, a report on the luxury goods market published by Bain & Company estimated that in 2018, 33 percent of luxury goods consumers were Chinese.

Over the five years through 2025, clothing, footwear and leather goods retailing revenue is expected to swell at a compound annual rate of 1.5%. European fashion retailers are accelerating nearshoring to reduce supply chain risks, improve agility and meet sustainability goals, despite higher regional labour costs and trade complexities. As wage inflation persists and consumer price sensitivity remains high, operational efficiency and workforce strategy are becoming critical levers for retailers. Those that adapt pricing, diversify sales channels and localise assortments will be best positioned to thrive in a cautious, value-focused market. The brands responding with relevance and reach – not just price – will define the next phase of retail performance in Europe. Consumer caution is driving value-focused shopping, limiting profit, and value retailers like Primark are outperforming mid-market peers, prompting brands such as Inditex and Hugo Boss to expand off-price, low-cost and resale channels to stay competitive with increasingly price-sensitive shoppers. Even luxury retailers in Europe face slowing global sales. Brands are shifting to entry-level goods, direct-to-consumer sales and personalised experiences. In 2025, revenue is anticipated to dip by 0.9% to €333.6 billion thanks to low disposable income and sluggish consumer confidence. Tightening EU regulation and rising consumer expectations are pushing European fashion retailers to prioritise sustainability. Leading brands like Kering, Mulberry and H&M are investing in traceability and ethical practices to meet new ESG standards and protect long-term growth. Sustainability is also reshaping fashion retail as European consumers shift towards second-hand and circular economy options. Retailers like Zara, Uniqlo and Zalando are expanding resale, repair and rental services to meet growing demand and strengthen customer loyalty through sustainable innovation. The influence of social media is another key trend, reshaping fashion retail by accelerating trend adoption and fuelling demand for faster, more responsive offerings. Retailers that successfully integrate social-first strategies and influencer partnerships will be better positioned to capture growth in this evolving market. Over the five years through 2030, revenue is projected to climb at a compound annual rate of 3% to €386.8 billion, while profit is anticipated to absorb 3% of revenue. Overstocking and discounting will continue to weigh on the industry, thinning profit, increasing waste and weakening brands’ perception. Investments in AI, inventory agility and data-driven decision-making should help retailers regain control over their stock levels, laying the foundation for more resilient and profitable growth in a highly competitive and fast-changing market. Sustainability is now a business imperative; fashion retailers that move early to meet rising standards – both voluntary and mandatory – will be more likely to thrive in the long term. Those who delay face rising costs, shrinking market access and reputational fallout. At the same time, the social media landscape is no longer optional for clothing, footwear and leather goods retailers in Europe – it’s foundational. Brands that create relevant, shoppable and emotionally resonant content on platforms like TikTok will be best positioned to secure both attention and spending from the next generation of fashion consumers.

In 2022, the Italian fashion company Benetton Group reported a turnover of approximately 712.1 million euros. Despite the impressive figure, the turnover represented a general decrease trend for Benetton compared to the previous years. Indeed, in 2011, the first year considered in this graph, the turnover of the company amounted to approximately 1.6 billion euros. Despite reporting a decreasing turnover over the years considered, the company increased its workforce almost threefold, growing from 1.3 thousand employees in 2011 to over 3.5 thousand in 2017.

Leaders in clothing manufacturing

Founded in 1965 in Treviso, Benetton Group is one of the best-known fashion companies in the world and is present in the most important markets. With sales revenues amounting to approximately 1.3 billion Euros, Benetton ranked among the leading Italian brands both in the women’s outerwear and in the men’s outerwear segment, competing with luxury brands such as Salvatore Ferragamo, Dolce & Gabbana and Valentino, to name a few.

Clothing manufacture is moving overseas

Italy stands out for its fashion manufacturing industry, famous all over the world due to high quality and elegant design. However, due to the financial crisis that started in 2008 and a steady process of delocalization to countries where production costs are cheaper, the sector has been losing its edge in Italy. The turnover of the wearing apparel manufacturing industry decreased steadily from 2011 to 2017, and, together with that, also the number of individuals employed in the sector.

Over the five years through 2025, textile retailing revenue is expected to fall at a compound annual rate of 1.1%. Once a favourite pastime, knitting and sewing have fallen out of favour thanks to the internet boom and alternative entertainment like Netflix and scrolling on social media. As media consumption has shot up, traditional hobbies like knitting and making clothing have plummeted, as have fabric and haberdashery sales. The explosion of fast fashion has decimated the textile and fashion sector. Before, stitching up holes and repairing garments were ways to extend the life of clothing items, but this isn’t the case anymore. The popularity of fast fashion means it’s not worth the time or effort to replace a garment when something new can be bought for less than €20. Gen-Z shoppers have a keen interest in individuality and expressing personality through clothing – including making their own – but this market isn’t big enough to offset falls in other areas. People are paring back expenditure on non-essential items like blankets and table linen while household finances remain tight. Inflation has reshaped consumer priorities. Although price growth has moderated since 2022, real incomes remain constrained, prompting households to save more and spend less on non-essentials and consumers increasingly favour budget retailers like IKEA over heritage brands. Demographic trends add further complexity. Delayed independence and overcrowding in many European markets dampen demand for large-format or decorative fabrics, but growth potential lies in compact, modular and affordable product lines tailored to renters and shared households, while markets with earlier household formation still support fuller assortments. At the same time, sustainability has moved centre stage. The EU’s Extended Producer Responsibility scheme, effective from 2025, compels retailers to manage textile waste and redesign products for circularity. Social media accelerates trend cycles and intensifies competition from agile digital players. To thrive, retailers must combine value, sustainability and speed, leveraging digital influence while adapting product strategies to shifting economic and demographic realities. In 2025, revenue is expected to drop 0.8% to €17.4 billion, while profit inches down to 4.8% as competitive and cost pressures grow.Over the five years through 2030, textile retailing revenue is expected to inch up at a compound annual rate of 2.6% to €19.7 billion. Europe’s home textile retailers are reshaping supply chains to boost resilience and meet new sustainability rules. Energy shocks, supply disruptions and regulatory pressure are accelerating nearshoring to Portugal, Romania, Turkey and Bulgaria, cutting lead times, transport emissions and inventory waste while improving traceability. From 2030, Digital Product Passports will make supply chain transparency mandatory, pushing retailers to invest in data systems and traceability infrastructure. At the same time, bio-based fibres and regenerative agriculture are transforming material sourcing. Hemp, lyocell and waste-derived fibres offer lower emissions and compliance advantages, while upcoming EU Green Claims rules demand verifiable sustainability. Early adopters of nearshoring, traceability and sustainable materials will gain speed, trust and competitiveness; laggards face higher costs and regulatory risks.

This statistic displays the adjusted gross margin of the Italian fashion Group OVS between the financial years 2014 and 2022. OVS Group reported a gross margin of about *** million euros in 2022, an increase compared to the *** million euros registered the previous year.

Italy Business Sector: Environmental Protection Related Ancillary Output: Manufacture of Textiles, Wearing Apparel, Leather and Related Products data was reported at 12.400 EUR mn in 2019. This records an increase from the previous number of 12.300 EUR mn for 2018. Italy Business Sector: Environmental Protection Related Ancillary Output: Manufacture of Textiles, Wearing Apparel, Leather and Related Products data is updated yearly, averaging 13.000 EUR mn from Dec 2014 (Median) to 2019, with 6 observations. The data reached an all-time high of 15.100 EUR mn in 2014 and a record low of 12.300 EUR mn in 2018. Italy Business Sector: Environmental Protection Related Ancillary Output: Manufacture of Textiles, Wearing Apparel, Leather and Related Products data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Italy – Table IT.OECD.ESG: Environmental: Environmental Protection Expenditure: by Industry: OECD Member: Annual.

Dolce & Gabbana, or D&G, is a luxury Italian fashion house founded in a small town close to Milan in 1985 by Italian designers Domenico Dolce and Stefano Gabbana. This timeline illustrates the turnover of Italian luxury fashion company Dolce & Gabbana between 2011 and 2023.

D&G's growth is not stopping
As of 2023 the total turnover of Dolce & Gabbana amounted to over one billion euros, an increase compared to the previous year and the highest peak in the period of time considered. These results are not surprising when considering how popular the brand is. In fact, in 2022, brand awareness for Dolce & Gabbana was very high in the United States, but also in other European countries like the United Kingdom and Germany.

The luxury industry

The luxury industry can be quickly associated with fashion, but it includes several product categories, such as drinks, cosmetics, luggage, and jewelry. As of 2022, the value of the personal luxury goods market worldwide was estimated to be around 353 billion euros. In the same year, the most valuable luxury brand in the world was Louis Vuitton, with a brand value of over 124 billion U.S. dollars.

According to Cognitive Market Research, The Global Animal Fiber Fabric for Apparel market size is USD XX billion in 2023 and will expand at a compound annual growth rate (CAGR) of 5.50% from 2023 to 2030.

The demand for Animal Fiber Fabric for apparel is rising due to the rising awareness about the environmental impact of the fashion industry has fuelled the demand for natural and eco-friendly materials.
Demand for animal wool remains higher in the Animal Fiber Fabric for Apparel market.
The Women's Clothing category held the highest Animal Fiber Fabric for Apparel market revenue share in 2023.
North American Animal Fiber Fabric for Apparel will continue to lead, whereas the Asia-Pacific Animal Fiber Fabric for Apparel market will experience the most substantial growth until 2030.

Luxury and Premium Fashion Trends to Provide Viable Market Output

One key driver in the animal fiber fabric for apparel market is the influence of luxury and premium fashion trends. Fabrics derived from animal fibers, such as wool, silk, and cashmere, are integral to high-end fashion due to their luxurious texture, softness, and exceptional quality. The demand for upscale and sophisticated apparel continues to drive the market, with designers and brands incorporating these premium fabrics into their collections. The allure of animal fiber fabrics in creating elegant and comfortable garments positions them as key contributors to the thriving luxury fashion sector, influencing market dynamics positively.

May 2023: The Woolmark Company announced the development of a new wool fabric called MerinoLOFT™. MerinoLOFT™ is a lightweight and breathable fabric that is made from Merino wool. It is expected to be used in a variety of apparel applications, including sportswear, outerwear, and activewear.

(Source: www.woolmark.com/industry/use-wool/product-innovations/cool-wool/)

Sustainable and Ethical Fashion Movement to Propel Market Growth

Another crucial driver is the growing emphasis on sustainability and ethical practices in the Animal Fiber Fabric for the Apparel market. Consumers are increasingly prioritizing eco-friendly and responsibly sourced materials, leading to a shift towards sustainable fashion. Animal fibers, when produced using ethical and environmentally friendly methods, align with this demand. The adoption of practices such as cruelty-free farming, organic production, and transparent supply chains enhances the market appeal of animal fiber fabrics. As the sustainable fashion movement gains momentum, the use of animal fibers produced with ethical considerations becomes a significant driver shaping the market dynamics in the apparel sector.

April 2023: The Italian textile company Albini Group launched a new line of wool fabrics called Ecosustainable Wool™. Eco-sustainable Wool™ is made from wool that is sourced from sustainable farms and dyed using sustainable methods. It is expected to be used in a variety of apparel applications, including suits, jackets, and dresses.

(Source: www.albinigroup.com/en/precious-traced-and-sustainable-yarns/)

Market Dynamics of the Animal Fiber Fabric for Apparel

Animal Welfare Concerns to Restrict Market Growth

One key restraint in the Animal Fiber Fabric for Apparel market revolves around animal welfare concerns. The production of fabrics such as wool and cashmere involves the shearing or harvesting of animal fibers from living beings. Practices such as mulesing, often used in sheep farming, have raised ethical issues and prompted consumer backlash. The need to address and rectify such concerns poses a challenge for the industry, requiring a focus on responsible farming practices and transparency in the sourcing of animal fibers to alleviate consumer apprehensions and ensure ethical standards are met.

Impact of COVID-19 on the Animal Fiber Fabric for Apparel Market

The COVID-19 pandemic had a significant impact on the animal fiber fabric for the apparel market, causing disruptions across the supply chain and altering consumer behavior. Lockdowns and restrictions led to the closure of retail outlets, affecting the demand for apparel made from animal fibers such as wool, silk, and cashmere. Disruptions in global transportation and manufacturing hindered the production and distribution of these fabrics, causing delays and supply shortages. Additionally, changes in consumer spending patt...

Italy Business Sector: Gross Fixed Capital Formation on Cleaner Environmental Protection Assets: Manufacture of Textiles, Wearing Apparel, Leather and Related Products data was reported at 3.000 EUR mn in 2019. This records a decrease from the previous number of 3.800 EUR mn for 2018. Italy Business Sector: Gross Fixed Capital Formation on Cleaner Environmental Protection Assets: Manufacture of Textiles, Wearing Apparel, Leather and Related Products data is updated yearly, averaging 3.750 EUR mn from Dec 2008 (Median) to 2019, with 12 observations. The data reached an all-time high of 32.100 EUR mn in 2013 and a record low of 0.800 EUR mn in 2011. Italy Business Sector: Gross Fixed Capital Formation on Cleaner Environmental Protection Assets: Manufacture of Textiles, Wearing Apparel, Leather and Related Products data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Italy – Table IT.OECD.ESG: Environmental: Environmental Protection Expenditure: by Industry: OECD Member: Annual.

Italy Business Sector: Gross Fixed Capital Formation on Specific Environmental Protection Assets: Manufacture of Textiles, Wearing Apparel, Leather and Related Products data was reported at 10.800 EUR mn in 2019. This records an increase from the previous number of 6.200 EUR mn for 2018. Italy Business Sector: Gross Fixed Capital Formation on Specific Environmental Protection Assets: Manufacture of Textiles, Wearing Apparel, Leather and Related Products data is updated yearly, averaging 9.150 EUR mn from Dec 2008 (Median) to 2019, with 12 observations. The data reached an all-time high of 31.200 EUR mn in 2013 and a record low of 5.100 EUR mn in 2014. Italy Business Sector: Gross Fixed Capital Formation on Specific Environmental Protection Assets: Manufacture of Textiles, Wearing Apparel, Leather and Related Products data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Italy – Table IT.OECD.ESG: Environmental: Environmental Protection Expenditure: by Industry: OECD Member: Annual.

According to Cognitive Market Research, the global custom menswear market size was USD 52154.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 11.50% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 20861.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.7% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 15646.26 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 11995.47 million in 2024 and will grow at a compound annual growth rate (CAGR) of 13.5% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 2607.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.9% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 1043.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.2% from 2024 to 2031.
The supermarkets and hypermarkets category are the fastest growing segment of the custom menswear industry

Market Dynamics of Custom Menswear Market

Key Drivers for Custom Menswear Market

Growing preference for professional appearance as well as private appearances to Boost Market Growth

The Custom Menswear Market has experienced growth because of the growing preference for professional appearances as well as private appearances. The emphasis on maintaining an excellent reputation as well as private branding has increased. The social and professional spheres are becoming more and more dependent on an individual's looks for success in both their personal and professional lives. Men can present a professionally polished appearance by investing in popular apparel, which can be helpful in both personal and professional situations. The increased demand for high-end menswear is partly due to the greater focus on appearance. For instance, the Italian luxury goods company Angelo Galasso was established and is renowned for dominating the upscale clothing industry.

Increasing Acceptance for its Neuroprotective Capabilities to Drive Market Growth

The custom menswear market has witnessed steady growth due to the growing acceptance of new technology. The swift implementation of emerging innovations that raise standards, cut expenses, and boost the standard of things and services. Businesses can now develop more quickly and satisfy changing customer wants thanks to this technology revolution. Custom clothing procedures are now easier and more effective because of breakthroughs in technology. Although internet-based platforms have made it easier to connect with a worldwide audience and provide tailored purchasing events, modernization and the use of 3D scans have increased reliability and flexibility.

Restraint Factor for the Custom Menswear Market

Minimal alternatives available in menswear designs, will Limit Market Growth

The market expansion for custom menswear is probably impacted by several variables. The relatively small number of products available in the men's apparel categories is going to restrict the demand for custom menswear. Men's clothing articles do not have as many choices as women's clothes. Menswear repeats the same design but with completely different layouts. Because male consumers tend to go to greater lengths without investing, the absence of additional possibilities to consider significantly constrains the industry's economic expansion.

Impact of Covid-19 on the Custom Menswear Market

The custom textiles industry was greatly affected by the COVID-19 epidemic, which resulted in interruptions in logistics shackles manufacturing procedures and consumer expenditures. The cancellation or postponement of formal events and celebrations caused a decrease in the demand for fitted apparel due to restrictions and restrictions on social interaction. As a result, expansion in the market temporarily slowed. Nevertheless, as industries progressively recovered and regulations relaxed, unused supply and an increased focus on uniqueness and customization fueled a surge in the market for personalized apparel.

Opportunity for Custom Menswear

Technological development in the Cu...

Italy Air Pollutant Emissions: Nitrogen Trifluoride and Sulphur Hexafluoride: Tonnes of CO2 Equivalent: Industry: Manufacture of Textiles, Wearing Apparel and Leather Products data was reported at 193.280 Tonne in 2023. This records a decrease from the previous number of 204.900 Tonne for 2022. Italy Air Pollutant Emissions: Nitrogen Trifluoride and Sulphur Hexafluoride: Tonnes of CO2 Equivalent: Industry: Manufacture of Textiles, Wearing Apparel and Leather Products data is updated yearly, averaging 1,131.715 Tonne from Dec 2008 (Median) to 2023, with 16 observations. The data reached an all-time high of 2,792.200 Tonne in 2008 and a record low of 190.590 Tonne in 2020. Italy Air Pollutant Emissions: Nitrogen Trifluoride and Sulphur Hexafluoride: Tonnes of CO2 Equivalent: Industry: Manufacture of Textiles, Wearing Apparel and Leather Products data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Italy – Table IT.OECD.ESG: Environmental: Air Pollutant Emissions: Nitrogen Trifluoride and Sulphur Hexafluoride: by Industry: OECD Member: Annual.

Italy Air Pollutant Emissions: Carbon Dioxide from Biomass: Tonnes of CO2 Equivalent: Industry: Manufacture of Textiles, Wearing Apparel and Leather Products data was reported at 23,920.530 Tonne in 2021. This records an increase from the previous number of 21,232.900 Tonne for 2020. Italy Air Pollutant Emissions: Carbon Dioxide from Biomass: Tonnes of CO2 Equivalent: Industry: Manufacture of Textiles, Wearing Apparel and Leather Products data is updated yearly, averaging 20,155.070 Tonne from Dec 2008 (Median) to 2021, with 14 observations. The data reached an all-time high of 24,710.030 Tonne in 2018 and a record low of 10,141.670 Tonne in 2008. Italy Air Pollutant Emissions: Carbon Dioxide from Biomass: Tonnes of CO2 Equivalent: Industry: Manufacture of Textiles, Wearing Apparel and Leather Products data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Italy – Table IT.OECD.ESG: Environmental: Air Pollutant Emissions: Carbon Dioxide From Biomass: by Industry: OECD Member: Annual.

Over the five years through 2025, clothing, footwear and leather goods retailing revenue is expected to swell at a compound annual rate of 1.5%. European fashion retailers are accelerating nearshoring to reduce supply chain risks, improve agility and meet sustainability goals, despite higher regional labour costs and trade complexities. As wage inflation persists and consumer price sensitivity remains high, operational efficiency and workforce strategy are becoming critical levers for retailers. Those that adapt pricing, diversify sales channels and localise assortments will be best positioned to thrive in a cautious, value-focused market. The brands responding with relevance and reach – not just price – will define the next phase of retail performance in Europe. Consumer caution is driving value-focused shopping, limiting profit, and value retailers like Primark are outperforming mid-market peers, prompting brands such as Inditex and Hugo Boss to expand off-price, low-cost and resale channels to stay competitive with increasingly price-sensitive shoppers. Even luxury retailers in Europe face slowing global sales. Brands are shifting to entry-level goods, direct-to-consumer sales and personalised experiences. In 2025, revenue is anticipated to dip by 0.9% to €333.6 billion thanks to low disposable income and sluggish consumer confidence. Tightening EU regulation and rising consumer expectations are pushing European fashion retailers to prioritise sustainability. Leading brands like Kering, Mulberry and H&M are investing in traceability and ethical practices to meet new ESG standards and protect long-term growth. Sustainability is also reshaping fashion retail as European consumers shift towards second-hand and circular economy options. Retailers like Zara, Uniqlo and Zalando are expanding resale, repair and rental services to meet growing demand and strengthen customer loyalty through sustainable innovation. The influence of social media is another key trend, reshaping fashion retail by accelerating trend adoption and fuelling demand for faster, more responsive offerings. Retailers that successfully integrate social-first strategies and influencer partnerships will be better positioned to capture growth in this evolving market. Over the five years through 2030, revenue is projected to climb at a compound annual rate of 3% to €386.8 billion, while profit is anticipated to absorb 3% of revenue. Overstocking and discounting will continue to weigh on the industry, thinning profit, increasing waste and weakening brands’ perception. Investments in AI, inventory agility and data-driven decision-making should help retailers regain control over their stock levels, laying the foundation for more resilient and profitable growth in a highly competitive and fast-changing market. Sustainability is now a business imperative; fashion retailers that move early to meet rising standards – both voluntary and mandatory – will be more likely to thrive in the long term. Those who delay face rising costs, shrinking market access and reputational fallout. At the same time, the social media landscape is no longer optional for clothing, footwear and leather goods retailers in Europe – it’s foundational. Brands that create relevant, shoppable and emotionally resonant content on platforms like TikTok will be best positioned to secure both attention and spending from the next generation of fashion consumers.

In 2019, the Italian fashion company Ermenegildo Zegna Holditalia S.p.A., which controls the brands Ermengildo Zegna, Z.Zegna, Agnona and Thom Brown, reported an annual turnover of approximately 97.17 million euros. This figure represents an overall increase of more than 15 million euros compared to 2012, the first year considered in this graph. Moreover, with a net profit of almost 14.5 million euros, the company is one of the most successful among Italian enterprises in the luxury sector.

A family-run business

Founded in 1910 in a small town in the Italian region of Piedmont, Ermenegildo Zegna is an Italian luxury fashion house specialized in the design and production of men's clothing and accessories. Despite expanding abroad, being involved in several acquisitions and boasting a sales value of almost 1.2 billion euros in 2017, the company remains family-owned after four generations and continues to run the business from Trivero, the town where it was founded and where over 200 people are employed.

Menswear sector in Italy

The menswear industry in Italy has been progressing steadily in the last few years and is estimated to have reached a total turnover of approximately 9.4 billion euros in 2018. As the womenswear and the footwear industry, also the menswear sector in Italy is also extremely dependent on exports. In fact, in 2018, 67 percent of the sector’s turnover is estimated to have originated in foreign markets.

Italy Air Pollutant Emissions: Carbon Dioxide from Biomass: Tonnes of Pollutant: Industry: Manufacture of Textiles, Wearing Apparel and Leather Products data was reported at 13,008.820 Tonne in 2022. This records a decrease from the previous number of 13,323.130 Tonne for 2021. Italy Air Pollutant Emissions: Carbon Dioxide from Biomass: Tonnes of Pollutant: Industry: Manufacture of Textiles, Wearing Apparel and Leather Products data is updated yearly, averaging 19,720.960 Tonne from Dec 2008 (Median) to 2022, with 15 observations. The data reached an all-time high of 25,919.020 Tonne in 2018 and a record low of 11,476.380 Tonne in 2008. Italy Air Pollutant Emissions: Carbon Dioxide from Biomass: Tonnes of Pollutant: Industry: Manufacture of Textiles, Wearing Apparel and Leather Products data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Italy – Table IT.OECD.ESG: Environmental: Air Pollutant Emissions: Carbon Dioxide From Biomass: by Industry: OECD Member: Annual.

Italy Air Pollutant Emissions: Nitrogen Oxides: Tonnes of Pollutant: Industry: Manufacture of Textiles, Wearing Apparel and Leather Products data was reported at 1,658.570 Tonne in 2022. This records an increase from the previous number of 1,265.580 Tonne for 2021. Italy Air Pollutant Emissions: Nitrogen Oxides: Tonnes of Pollutant: Industry: Manufacture of Textiles, Wearing Apparel and Leather Products data is updated yearly, averaging 2,412.110 Tonne from Dec 2008 (Median) to 2022, with 15 observations. The data reached an all-time high of 5,269.040 Tonne in 2008 and a record low of 1,055.850 Tonne in 2020. Italy Air Pollutant Emissions: Nitrogen Oxides: Tonnes of Pollutant: Industry: Manufacture of Textiles, Wearing Apparel and Leather Products data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Italy – Table IT.OECD.ESG: Environmental: Air Pollutant Emissions: Nitrogen Oxides: by Industry: OECD Member: Annual.

Between 2015 and 2019, the annual sales value of Italian fashion company Max Mara Fashion Group experienced an increase, but by 2020 the total sales of the company fell. As of 2022, sales of Max Mara increased again and amounted to about **** billion euros.

Over the five years through 2025, clothing, footwear and leather goods retailing revenue is expected to swell at a compound annual rate of 1.5%. European fashion retailers are accelerating nearshoring to reduce supply chain risks, improve agility and meet sustainability goals, despite higher regional labour costs and trade complexities. As wage inflation persists and consumer price sensitivity remains high, operational efficiency and workforce strategy are becoming critical levers for retailers. Those that adapt pricing, diversify sales channels and localise assortments will be best positioned to thrive in a cautious, value-focused market. The brands responding with relevance and reach – not just price – will define the next phase of retail performance in Europe. Consumer caution is driving value-focused shopping, limiting profit, and value retailers like Primark are outperforming mid-market peers, prompting brands such as Inditex and Hugo Boss to expand off-price, low-cost and resale channels to stay competitive with increasingly price-sensitive shoppers. Even luxury retailers in Europe face slowing global sales. Brands are shifting to entry-level goods, direct-to-consumer sales and personalised experiences. In 2025, revenue is anticipated to dip by 0.9% to €333.6 billion thanks to low disposable income and sluggish consumer confidence. Tightening EU regulation and rising consumer expectations are pushing European fashion retailers to prioritise sustainability. Leading brands like Kering, Mulberry and H&M are investing in traceability and ethical practices to meet new ESG standards and protect long-term growth. Sustainability is also reshaping fashion retail as European consumers shift towards second-hand and circular economy options. Retailers like Zara, Uniqlo and Zalando are expanding resale, repair and rental services to meet growing demand and strengthen customer loyalty through sustainable innovation. The influence of social media is another key trend, reshaping fashion retail by accelerating trend adoption and fuelling demand for faster, more responsive offerings. Retailers that successfully integrate social-first strategies and influencer partnerships will be better positioned to capture growth in this evolving market. Over the five years through 2030, revenue is projected to climb at a compound annual rate of 3% to €386.8 billion, while profit is anticipated to absorb 3% of revenue. Overstocking and discounting will continue to weigh on the industry, thinning profit, increasing waste and weakening brands’ perception. Investments in AI, inventory agility and data-driven decision-making should help retailers regain control over their stock levels, laying the foundation for more resilient and profitable growth in a highly competitive and fast-changing market. Sustainability is now a business imperative; fashion retailers that move early to meet rising standards – both voluntary and mandatory – will be more likely to thrive in the long term. Those who delay face rising costs, shrinking market access and reputational fallout. At the same time, the social media landscape is no longer optional for clothing, footwear and leather goods retailers in Europe – it’s foundational. Brands that create relevant, shoppable and emotionally resonant content on platforms like TikTok will be best positioned to secure both attention and spending from the next generation of fashion consumers.

Over the five years through 2025, clothing, footwear and leather goods retailing revenue is expected to swell at a compound annual rate of 1.5%. European fashion retailers are accelerating nearshoring to reduce supply chain risks, improve agility and meet sustainability goals, despite higher regional labour costs and trade complexities. As wage inflation persists and consumer price sensitivity remains high, operational efficiency and workforce strategy are becoming critical levers for retailers. Those that adapt pricing, diversify sales channels and localise assortments will be best positioned to thrive in a cautious, value-focused market. The brands responding with relevance and reach – not just price – will define the next phase of retail performance in Europe. Consumer caution is driving value-focused shopping, limiting profit, and value retailers like Primark are outperforming mid-market peers, prompting brands such as Inditex and Hugo Boss to expand off-price, low-cost and resale channels to stay competitive with increasingly price-sensitive shoppers. Even luxury retailers in Europe face slowing global sales. Brands are shifting to entry-level goods, direct-to-consumer sales and personalised experiences. In 2025, revenue is anticipated to dip by 0.9% to €333.6 billion thanks to low disposable income and sluggish consumer confidence. Tightening EU regulation and rising consumer expectations are pushing European fashion retailers to prioritise sustainability. Leading brands like Kering, Mulberry and H&M are investing in traceability and ethical practices to meet new ESG standards and protect long-term growth. Sustainability is also reshaping fashion retail as European consumers shift towards second-hand and circular economy options. Retailers like Zara, Uniqlo and Zalando are expanding resale, repair and rental services to meet growing demand and strengthen customer loyalty through sustainable innovation. The influence of social media is another key trend, reshaping fashion retail by accelerating trend adoption and fuelling demand for faster, more responsive offerings. Retailers that successfully integrate social-first strategies and influencer partnerships will be better positioned to capture growth in this evolving market. Over the five years through 2030, revenue is projected to climb at a compound annual rate of 3% to €386.8 billion, while profit is anticipated to absorb 3% of revenue. Overstocking and discounting will continue to weigh on the industry, thinning profit, increasing waste and weakening brands’ perception. Investments in AI, inventory agility and data-driven decision-making should help retailers regain control over their stock levels, laying the foundation for more resilient and profitable growth in a highly competitive and fast-changing market. Sustainability is now a business imperative; fashion retailers that move early to meet rising standards – both voluntary and mandatory – will be more likely to thrive in the long term. Those who delay face rising costs, shrinking market access and reputational fallout. At the same time, the social media landscape is no longer optional for clothing, footwear and leather goods retailers in Europe – it’s foundational. Brands that create relevant, shoppable and emotionally resonant content on platforms like TikTok will be best positioned to secure both attention and spending from the next generation of fashion consumers.