BUSINESS | Italy’s Fashion Leaders Urge Rome To Lift Restrictions On Industry

MILAN | ITALY – Italy’s fashion leaders called on the government on Thursday to loosen restrictions imposed in response to the coronavirus crisis to allow them to resume some production, warning that a prolonged lockdown risked irreparably damaging the sector.

‘Fashion is a seasonal industry, and certain dates are nor compressible. Not reopening shortly would mean giving up almost a year’s turnover’, said Carlo Capsa, the chairman of Italy’s National Fashion Chamber (CNMI), in an online interview on the website of daily ‘Corriere della Sera’.

Current lockdown measures in Italy – the country with the third highest number of confirmed cases after the United States and Spain – have been imposed until May 3.

The government has not disclosed how and when it will start easing a nationwide ban on business activities deemed as non – essential.

Fashion and textile plants throughout the country have shut as they do not fall into the category of essential business.

Many labels have reconverted production to make medical devices such as masks and medical overalls to meet rising demand during the emergency.

With a turnover of 95 billion euros ($98 billion) and 600,000 workers, Italy’s fashion and textile industry is the second most important nationwide.

It accounts for a 41% shares of the sector in Europe followed by Germany, which represents 11 % of the total.

Capsa suggested April 20 as a date to gradually reopen manufacturing activities in order to deliver fall/winter collections on time to shops around the world, and starts production of spring/summer collections.

‘We are closed, but other countries like France, Spain, Portugal, Turkey are starting to reopen’, said Claudi Marenzi, who is in charge of fashion at business lobby Confindustria, pointing out that the ban also has implications for Italy as a supplier.

‘This means that some brand may decide to switch to another supply chain, which in Italy is mainly made up of small companies. And once a company closes, you lose the know-how and you never recover’, he added.

Confindustria Moda represents 65,000 companies in the textile, fashion and accessories sectors. Most are small firms with only 15-20 employees, with sales highly dependent on foreign buyers.

Marenzi said Confidustria Moda has signed an agreement with unions overt stringent health and security measures to adopt at production  sites once these are allowed to reopen.

‘(The deal) shows that entrepreneurs and workers are aligned in their will to restart activities and save the Italian fashion industry’, he said.

‘An economic pandemic could cause more lasting damage than the health one. If we have to live with this virus for so long, then let’s live it’, Marenzi said, adding that if the industry could safely masks and gowns, it could also make clothes.


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NEWS | Saudi Deputy Defense Minister Hopes Peace Is Restored In Yemen Based On Riyadh Agreement

RIYADH | SAUDI ARABIA – Saudi Deputy Defense Minister Prince Khalid bin Salman said Tuesday that the Kingdom is looking forward to the establishment  of ‘comprehensive and lasting peace in Yemen through the implementation of the Riyadh Agreement’. On the occasion of the International Day of Peace, he said: ‘We look forward to the day … Continue reading NEWS | Saudi Deputy Defense Minister Hopes Peace Is Restored In Yemen Based On Riyadh Agreement

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