Italian fashion revenues could reach 92 billion euros in 2022, the industry’s best performance in 20 years.
“The first half of the year was particularly brilliant and although we expect energy costs to weigh in on the top and bottom lines, growth for the full year would still be remarkable,” he said.
Acknowledging consumer confidence was dented by geopolitical instability and the macroeconomic headwinds, Capasa said the worst case, which is unlikely, would be that sales are flat in the second half of 2022, and then the industry would still post a growth of 11.8 percent for the full year. Capasa said the calendar reflects all the values promoted by the fashion governing body, such as sustainability, inclusivity and support to young talents.
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