Italy’s Men’s Sales, Exports Grow in 2018, Brands Support MFW

MILAN — Trade policies, Brexit uncertainties, social protests in France and European political elections are factors that could influence the economy this year, but Brunello Cucinelli is unwavering: “Of one thing I am sure: it’s not true that men don’t want to buy, I don’t believe this at all.” With “at least three different posts” on social media per day, men “must change depending on the occasion. We take more care of our looks because we will be posted. It’s a new way of life,” he argued.
Figures released by Centro Studi of fashion industry association Confindustria Moda support this positive take — even 2019 is seen as “stable” compared with 2018 and showing “limited dynamism,” based on the spring 2019 orders. That said, the Italian men’s wear industry is expected to report 2018 sales of 9.44 billion euros, up 1.5 percent compared with 2017.
Men’s wear accounts for 17.5 percent of Italy’s textile and fashion revenues and 27.9 percent of all apparel. The first half of 2018 was particularly brisk, with exports up 5.5 percent, but business slowed starting last summer. Consumer spending in Italy was defined by the association as “one of the worst [since] 2013.” However, 2018 year-end figures

Follow WWD on Twitter or become a fan on Facebook.

Read More…
WWDWWD
Florsheim

Italy’s Antitrust Targets Alberta Ferretti, Alitalia and Influencers

FLYING PROBE: Italy’s antitrust watchdog has begun a probe to determine whether Alitalia and luxury goods group Aeffe have possibly engaged in surreptitious advertising through social media.
The antitrust authority has launched a preliminary investigation of Italy’s largest airline company and of Aeffe, in a link to its co-owner Alberta Ferretti. It is also investigating a number of influencers, including Chiara Ferragni, who posted on Instagram images of themselves wearing Alberta Ferretti designs embellished with the Alitalia logo.
On Tuesday, Aeffe executive chairman Massimo Ferretti, brother of the designer, had no comment on the issue.
In June, Ferretti unveiled the new uniforms she designed for employees of Alitalia, as well as a see-now-buy-now capsule collection. The latter was presented at the brand’s resort 2019 and “Limited Edition” midi couture fall collection runway show that month.
The new uniforms replaced this summer those designed by Italian haute couturier Ettore Bilotta, which Alitalia introduced in 2016.
The capsule was immediately available at the brand’s stores and e-commerce, as well as at selected retailers including LuisaViaRoma, Rinascente, Farfetch, Barneys and Forward by Elyse Walker, and consisted of a sweatshirt, a T-shirt and a sweater embellished with the Alitalia logo.

Follow WWD on Twitter or become a fan on Facebook.

Read More…
WWDWWD
Milanoo.com Ltd

Another Change Hits Italy’s Men’s Brands as Corneliani CEO Exits

MILAN — Marking yet another change within Italy’s men’s wear industry, Corneliani SpA chief executive officer Paolo Roviera has exited the storied company and has been succeeded by Luigi Ferrando.
In a brief statement, the Mantua-based firm said it “confirms the development goals of the Corneliani brand, in line with the strategies outlined in 2016.” The date refers to the acquisition by Bahrain-based Investcorp of a majority stake in Corneliani in June that year and signaling the fund’s increasing focus on luxury. The deal was meant at the time to be preparatory to an initial public offering, which has not taken place, and also overcome succession plans.
Ferrando joins Corneliani, known for its sleek tailoring and high-end quality products, from a different sector, as he leverages experience in furniture. His curriculum lists managerial positions at Unopiù and Arquati as well as lighting firms Targetti and Louis Poulsen.
Roviera arrived at Corneliani in September 2016, tasked with the expansion of the brand globally. He was previously ceo of Pal Zileri, controlled by Qatar-based Mayhoola.
Carlalberto Corneliani, who founded the company in 1958 with his late brother Claudio, was succeeded by Investcorp’s Hazem Ben-Gacem as chairman of Corneliani.
Investcorp, a leading provider and manager of alternative investment products, controls the Danish

Follow WWD on Twitter or become a fan on Facebook.

Read More…
WWDWWD
Florsheim

Inside Italy’s Shadow Economy

Within a distressed labor market, thousands of low-paid home workers create luxury garments without contracts or insurance.
NYT > Fashion & Style

SPECIAL ONLINE DEALS!

Kenneth Cole Productions, Inc.

Profile: In ‘The Piranhas,’ the Chronicler of Italy’s Mobsters Tries His Hand at Fiction. For a Change?

In hiding for 12 years, Roberto Saviano is starting to realize that he’s not so different from the people he writes about. He’s not afraid to die, he wants to live, but he wants vengeance.
NYT > Books

BOOK SALE UPDATE!

Where to Feast on Italy’s Freshest Seafood? These Historic Piers

The pier restaurants on Italy’s Abruzzo coast still serve some of the nation’s most succulent meals. Here, three well worth scoping out
WSJ.com: Lifestyle

SHOPPING DISCOUNT UPDATE:

Buy.com (dba Rakuten.com Shopping)

Amazon’s Employees Strike in Italy’s Logistics Hub

MILAN — Amazon Italia has faced a new wave of strikes just ahead of the busy Christmas period.
The company’s employees in the distribution and logistics plant in Castel San Giovanni, Lombardy, protested on Wednesday against long working hours and low salaries, in the wake of Amazon’s skipping round table meeting with the trade unions scheduled on the morning of Dec. 20.
Fist-Cisl general secretary Pierangelo Ranieri described Amazon’s behavior as “deplorable” on the Cisl web site. “It’s necessary for Amazon to take on social responsibility and open to negotiations with the trade union’s representatives,” he said.
Following the first strike on Nov. 24, the Fist-Cisl trade union announced a second round yesterday, set to affect the last two working hours of each shift. The strike was announced at the logistics plant on Wednesday afternoon during a workers’ assembly.
Ninety percent of the employees who attended the assembly decided to strike, totaling 210 for each of the first two shifts. Francesca Benedetti, general secretary of Fisascat-Cisl Piacenza, provided no details on the overall engagement of the strike.
Amazon, which met that trade union’s representatives on Dec. 11, has since then refused to come to an agreement, according to Benedetti. Reached by phone, the trade union’s spokeswoman

Follow WWD on Twitter or become a fan on Facebook.

Read More…
WWDWWD
TideBuy Black Friday Sale 90% Off+ Extra Coupon