By  on November 17, 2016

During the seasonal press conference held on Thursday by trade show organizer Pitti Immagine to present the schedule of Florence-based international men’s wear fair Pitti Uomo, running Jan. 10-13, Italian fashion and textile consortium SMI Sistema Moda Italia released its research on the status of the country’s textile and fashion compartment.

According to the study, after a positive first quarter that saw revenues gain 2.2 percent, compared with the same period last year, the second quarter slowed down, posting a 2 percent decrease. This referred to the textile, ready-to-wear and accessories markets. SMI provided a scenario, but not detailed figures.

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