MILAN — Last year was one of growth for the Italian fashion industry.According to the latest Fashion Economic Trends released Thursday by the Camera della Moda, estimated revenues of the industry, comprising all categories from textiles and leather goods to apparel, footwear, jewelry, eyewear and cosmetics, increased 2.8 percent to 87 billion euros in 2017. Exports grew 6 percent to 65.7 billion euros. Sales of the fashion compartment alone, including textiles, leather goods, apparel and shoes, gained 2.5 percent to 64.8 billion euros and exports grew 4.3 percent to 50 billion euros.Carlo Capasa, president of the fashion association, said that after a “brilliant” first half, the third quarter showed a slight slowdown, which was expected and which was balanced by “very good results” in October, which were better than expected.In the second half, business in Italy was still slow. In October, exports jumped up 11 percent.In the first nine months of 2017, exports to countries outside Europe climbed 5.8 percent, while sales in Europe gained 2 percent. Business in Asia was solid, with sales rising 13.5 percent in China and 12.8 percent in South Korea, while Japan was down 0.3 percent. Russia’s contribution was strong, showing a 12.8 percent increase, while sales in the U.S. were down 1.3 percent. In the first nine months, leather goods, accessories and shoes performed better than textiles and fashion.
@juicebeauty, where @gwynethpaltrow holds the title of creative director of makeup, has become one of the foremost labels in the organic beauty category –– with sales on track to hit $100 million this year. What’s behind the rapid growth the brand is experiencing right now? It all started in 2005 when the wellness movement was just getting started. Read more on WWD.com. #wwdbeauty
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"I want to tell a story that inspires people to feel good about themselves, but also I'm making a commentary about the lack of female stories and female directors and saying this should change," said @imheathergraham on her latest project "Half Magic." The comedy feature, which the actress wrote and directed, is based on her own struggles as a woman in show business. Read @andrewnodell's full interview with Graham on WWD.com. #wwdeye (📷: @jgreenery)
@meltcosmetics cofounders @lora_arellano and @danabomar built their brand on a single idea: a true matte lipstick. To set the brand apart, they said they always put their customers first –– including a personalized note in each package. #wwdsummits #wwdbeauty
@moncler unveiled its latest project, #MonclerGenius, yesterday at Milan Fashion Week. The Italian outwear maker gave show-goers a preview of the monthly collections – which were created by eight designers and creative talents including Pierpaolo Piccioli, Simone Rocha, Craig Green and more – that will start rolling out in the summer.