MILAN — Italian textile manufacturers are hopeful about the year ahead, despite a possible recession and a worsening euro-dollar exchange rate.
Executives from some of Italy's top textile mills, set to present their spring and summer 2009 fabric collections at Milano Unica on Feb. 12 to 15 at the Milan fairgrounds, are mostly forecasting positive results for 2008, after many recorded substantial gains last year. The increases helped some mills absorb the exchange rate difference and avoid raising fabric prices.
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