By  on February 19, 2008

MILAN — Italian textile firms plan to deal with a potential U.S. recession the same way they have tried to stave off Asian competition — by stressing quality, innovation and experience.

Executives of some of the 59 exhibitors at the sixth edition of Milano Unica, which ended its four-day run at the Milan fairgrounds on Feb. 15, said they will take a wait-and-see attitude toward the upcoming year, which for most started on a positive note. The Italian textile industry's 2007 sales of 9.1 billion euros, or $12.47 million, was flat against 2006, according to Italian fashion and textile consortium SMI-ATI.

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