Arsutoria #481

Page 52

MARKET

MEN'S FASHION: GROWTH FORECASTS CONFIRMED For Italian men's fashion, 2022 will end with +20.3% growth, exceeding pre-covid levels. In 2022, menswear exports will grow by +24.8%, but imports by +43.9%.

According to the sectorial balance of the Confindustria Moda Study Centre for SMI, Italian men's fashion (which includes woven apparel, outerwear, shirts, ties and leatherwear) will end the year 2022 in a positive area: turnover, thanks to +20.3% growth, will reach €11.3 billion, thus confirming the forecast growth of +20.5%, and surpassing pre-Covid levels (2019 turnover of €10.1 billion). Men's fashion accounts for around 18.2% of the overall turnover, and around 27.4% 48 HIGHLIGHTS PITTI UOMO

of the clothing segment alone. With reference to the individual micro-compartments, all closed 2022 with positive changes, with shirting posting above-average growth of +28.4%. Against a lively growth in import flows from abroad, in 2022 the value of production was characterised by favourable dynamics, but at less lively rates than those of turnover, closing the twelve months at +8.4%. With regard to foreign trade, exports maintained their leading role,


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