Fashion, with the plan to support and relaunch the federations +30 billion turnover

Without the necessary and urgent measures, the Italian fashion industry risks losing 19 billion in turnover, 35 thousand jobs and 4,600 companies, with a 5 billion drop in contribution to the national GDP and 6.6 billion in lost tax revenue. To avoid this scenario, outlined in the numbers of the study by the LIUC Business School, the management school of LIUC - Cattaneo University of Castellanza, Confindustria Moda and Confindustria Accessori Moda presented, at the Chamber of Deputies, the 'Guidelines of the Industrial Plan for the Fashion System Italia' drawn up by them, on the occasion of the event 'The Impact of the Global Crises on Made in Italy. Perspectives and interventions for the fashion industry', in the presence of the Minister for Enterprise and Made in Italy Adolfo Urso.

Six are the most urgent points to be tackled, the heart of the proposals by Confindustria Accessori Moda and Confindustria Moda, envisaging a total investment of 4 billion euro: incentivising innovation and investment; developing corporate welfare; promoting marketing and internationalisation; encouraging digital and green transition; making access to credit more flexible; enhancing education, training and reducing energy costs. In this way, the fashion industry will be able to register a growth of EUR 30 billion in turnover, increase the number of jobs by 57,000 and the number of companies by 6,200, contributing an additional EUR 8.7 billion to the national GDP and fuelling an additional tax revenue of EUR 11.5 billion.

"The Strategic Plan of Confindustria Accessori Moda and Confindustria Moda is in line with what we have outlined in the 'Made in Italy 2030' White Paper, which recognises the need to consolidate the Italian fashion system, enhancing our heritage of excellence, quality and creativity and strengthening a shared strategy between companies, districts and institutions," said Adolfo Urso, Minister of Business and Made in Italy, at the event. Only with fully integrated supply chains can we face global challenges and increase the competitiveness of Made in Italy. Structural measures to support the sector, agreed in the Fashion Table that we set up at the beginning of the legislature, of which the new Transition 5.0 Plan is an important asset, with an endowment of ten billion over the next three years, to which must be added the development and mini-development contracts, the Guarantee Fund for SMEs, the New Sabatini, interventions on natural and recycled textile fibres, the strengthening of tax credit for sample collections, and support for the generational transfer of skills in the recent SME Bill, have been prepared in this direction. Now we must prepare even more significant measures to facilitate aggregations and dimensional growth of companies, an absolutely central factor especially in the fashion sector, also on the basis of what has already been prepared with CdP, Invitalia and Sace. Now is the time to grow, consolidating the supply chain and, at the same time, conquering the new markets that are opening up with the signing of free trade agreements, from Mercosur to Mexico, from India to Australia

During the debate, the presidents of the two federations emphasised how, in an uncertain and competitive international context, a dedicated industrial policy is needed to support the textile, clothing and accessories supply chains, key sectors of Italian manufacturing in terms of employment, innovation and economic value.

"The strength of Italian fashion stems from the districts and the small and medium-sized enterprises that make up its backbone, a unique production network capable of combining manufacturing tradition, innovation and territorial roots,' noted Giovanna Ceolini, president of Confindustria Accessori Moda. Defending this supply chain means protecting skills, work and identity, but also guaranteeing the economic and social resilience of entire territories. Without concrete measures, we risk dispersing a heritage built over time, made up of knowledge and professionalism that cannot be replicated elsewhere. In an increasingly unstable context, strengthening the Italian fashion supply chain is not just an economic choice, but a strategic choice for the future of the country, to sustain competitiveness, preserve Italian-made products, and invest in a production model that the world recognises and envies us'.