Italian fair organizers and fair exhibitors are facing difficult times. The recent military action in Iraq pushed the Italian textile and yarn industry into a state of suspended animation. Predictions of an economic recovery, particularly in the U.S. markets, seem less and less likely, and the boost in consumer confidence predicted to occur following the end of the short-lived war in Iraq has yet to materialize.

This story first appeared in the May 28, 2003 issue of WWD. Subscribe Today.

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