Industry revenue of retail sale of clothing in specialised stores in Italy 2011-2023

Italy is one of the global behemoths in the fashion industry with a well-established reputation for premium fashion products. In fact many of the Italian brands such as Prada, Armani, D&G and Gucci are much sought after by global consumers, especially high-net worth individuals and the aspirational middle class in emerging economies such as India and China.

However an unfavorable international environment including the trade war between the U.S. and China and the impending Brexit deal, has weighed the sector down. Revenues of the country’s retail sale of clothing in specialized stores are expected to increase only marginally from 32.8 billion U.S. dollars in 2017 to 34.4 billion U.S. dollars in 2023.

France is the leading importer of Italian clothes

Italy is among the top five exporters of textile and apparel products globally. France, Germany and Switzerland are the top three export markets for clothing with revenues of 1680.7 million Euros, 1625.4 million and 1463.4 million respectively, while Germany, France and the UK are the top countries importing overall textile and fashion goods.

Industry revenue of retail sale of clothing in specialised stores in Italy from 2011 to 2023

Revenue in billion U.S. Dollars
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Sources

Supplementary notes

* Estimate - This also applies for past years as data provided by statistical institutions often is not available for more recent years.

Currency conversion factor: (EUR -> USD) = 1.186

The industry classification is based on the NACE Rev.2 - system in Italy. The industry “retail sale of clothing in specialised stores“ has the code “G4771“.

Details on the methodology can be found here.

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