MILAN — Europe’s economic uncertainty didn’t stop the creativity of the high-end Italian textile firms that presented innovative products at the 16th edition of Milano Unica, the three-day textile trade show that closed here on Friday.
In 2012, the Italian textile industry posted a 5.1 percent drop in revenues to 8 billion euros, or $10.4 billion at average exchange rates, compared with 2011. According to data provided by Italian fashion and textile consortium SMI Sistema Moda Italia, textile products dropped 3 percent in 2012, even with positive results in Japan, Russia, the U.S. and China.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)