PARIS — Exports now account for 87 percent of revenues for French fashion companies, according to a survey of 30 members of the industry’s top governing body made by the Institut Français de Mode.
The Asian market generates 46 percent of those sales, found the survey compiled for the Fédération Française de la Couture, du Prêt-à-Porter des Couturiers et des Créateurs de Mode. Meanwhile, the Americas and the rest of Europe each makes 17 percent.
Japan rings up 13 percent of the combined revenues of 15 billion euros, or $19.54 billion at current exchange, for the companies that participated in the survey, and China generates 11 percent.
The firms that participated make 94 percent of the federation members’ total revenues and did not include fragrance sales, the organization said.
Broken down by product category, leather goods contribute 61.6 percent of sales, while men’s and women’s ready-to-wear and other textiles generate 25.8 percent, equaling approximately 4 billion euros, or $5.21 billion.