Member ID:
Stay logged in for 30 days
Forget Your Password?

login CCFGroup App

Industry News | Time: Jan 2 2020 11:31AM
Italy's Prato clothing production drops
Text size
According to Confindustria, the garment industry in Prato experienced a decline in production in the first two quarters of 2019, with more than 5,000 of apparel mills being Chinese.

In the first two quarters of 2019, the garment industry in Prato, Italy's largest clothing production province, saw its first decline in production for more than 20 years, Confindustria said at a press conference on its 2019 annual industrial report. The production decreased by 4.6%-5% compared to the previous year.

More than 5,000apparel mills in Prato are Chinese companies, with only a small proportion of Italian apparel mills. In the past 20 years, the clothing industry has developed rapidly, and the production has been growing steadily. As a result, the number of people engaged in the clothing industry (more than 20,000people) in the region has exceeded the number of people engaged in the textile industry (about 19,000people), creating many jobs. The decline in production in 2019 surprised and worried the Confindustria, indicating that production in other region was not optimistic either.
[RISK DISCLAIMER] All opinions, news, analysis, prices or other information contained on this report is provided by analyst of Zhejiang Huarui Information Consulting Co., Ltd (CCFGroup) as general market commentary and does not constitute investment advice. CCFGroup will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Related Articles
US blocks cotton, apparel, hair products imports from XUAR
Japanese manufacturing industries moving in Bangladesh
EU-Vietnam Free Trade Agreement-impetus for supply chain formation
Seizing investment opportunities in Vietnam's garment and textile
Indonesia's garment industry in crisis
Aftermath of Covid-19: How is Cambodia's textiles industry
Main varieties of disperse dyes quote at about 32,000yuan/mt
Myanmar's clothing industry global demand wanes due to COVID-19
Steam will be unavailable for printing and dyeing mills about 7
A sharp decline in textile exports from Central America to the
Development change of virgin PSF and recycled PSF and their ...
Polyester market review in H1 2020 and market outlook
PET bottle chip market to face challenges after an ...
Spandex market review in H1 2020 and market outlook
PTA and PX market outlook in H2 2020
Analysis on production changes of global major cotton ...