The Italian fashion industry’s prospects brighten as increasing number of consumers from China are interested in buying clothes that are made in Italy, according to a recent report.
The Italian fashion industry's prospects brighten as increasing number of consumers from China are interested in buying clothes that are made in Italy#
The ‘Report 2012-2016’ by SACE, an insurance and finance group, titled the ‘Quando l’export diventa necessario: Le prospettive di crescita delle esportazioni italiane’ (When exports become necessary: Growth prospects of Italian exports), suggests China would be the ‘new customer’ of Italian fashion.
The Italian fashion industry's prospects brighten as increasing number of consumers from China are interested in buying clothes that are made in Italy#
According to the report, sales of Italian textile and clothing would increase by 17.7 percent on an average in 2013-2016.
The Italian fashion industry's prospects brighten as increasing number of consumers from China are interested in buying clothes that are made in Italy#
The progressive increase of the income of the Chinese consumers and the simultaneous change of social conventions are the major factors influencing the phenomenon.
The Italian fashion industry's prospects brighten as increasing number of consumers from China are interested in buying clothes that are made in Italy#
The Chinese consumer’s attraction for luxury has led to the increase in interest of buying designer labels from Italy.
The Italian fashion industry's prospects brighten as increasing number of consumers from China are interested in buying clothes that are made in Italy#
The consumers aged less than 45 years seek quality products, both in terms of processing and materials used, and are geared towards established brands internationally.
The Italian fashion industry's prospects brighten as increasing number of consumers from China are interested in buying clothes that are made in Italy#
Italian products provide such quality resulting into the growing consumption of these products.
The Italian fashion industry's prospects brighten as increasing number of consumers from China are interested in buying clothes that are made in Italy#
The report states that the luxury market in China has experienced the fastest growth in the world and the country accounts for 21 percent of the world consumption of high range products.
The Italian fashion industry's prospects brighten as increasing number of consumers from China are interested in buying clothes that are made in Italy#
According to the report, the potential of growth of the luxury consumption in China is expected to increase 20 to 30 percent in the next five years.
The Italian fashion industry's prospects brighten as increasing number of consumers from China are interested in buying clothes that are made in Italy#
Fibre2fashion News Desk - India
marketing@alchempro.com
