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Fashion, 90 companies returned to Italy in the last 5 years

After years of relocation, Italian fashion companies are returning to produce in our country - According to the president of the National Chamber of Fashion "the numbers are significant, but still too small".

Fashion, 90 companies returned to Italy in the last 5 years

Fashion companies return to produce in Italy. This was stated by Flavio Valeri, chief country officer of Deutsche Bank, during his speech at the Pambianco conference entitled Back to Italy: "In the last five years, 90 Italian companies have brought production back to Italy". “The phenomenon – continues Valeri – should also continue in the coming years”.

According to the president of the National Chamber of Fashion Mario Boselli, "the numbers are significant, but still too small" compared to a context in which there are still many fashion companies that have decided to relocate due to the high cost of labor in our country, as well as for tax issues.

Another of the problems that lead companies away from Italy is "the unreasonableness of the euro-dollar exchange rate, which is a European problem: a fair exchange rate should be one to one".

According to the vice president of Pambianco Strategie di Impresa David Pambianco, finally, there are three types of companies that strengthen their presence in our country, namely Italian luxury groups, international groups that want to produce in Italy and medium-sized companies operating in the high.

In addition to the growth of the luxury sector, a growth destined to further increases in the coming years, these companies are driven towards Italy by the Made in Italy brand which, for an international consumer, "is always synonymous with quality".

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