MILAN — Italy’s eyewear industry is relying on exports to the U.S. and Europe, despite ongoing political uncertainties, terrorist attacks, Brexit and restrictive currency strategies, to balance a lackluster domestic performance in a country weighed down by unemployment and lack of investment.
ANFAO, Italy’s eyewear industry association, reported a 3.6 percent growth in value in the sector’s exports in the January to June period this year. This was considered “normal,” compared with the three previous years, which posted a double-digit growth rate in exports, setting historical records. Frames in the period registered a 4.3 percent increase in value, while sunglasses were up 3.2 percent.
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