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Agenda-setting intelligence, analysis and advice for the global fashion community.

The Future of ‘Made in Italy’: ‘Many Factories Will Disappear’

In Italy’s key luxury manufacturing sector, more than 2,000 factories closed in the first three quarters of 2024. But innovative suppliers like Gruppo Florence are developing new models to navigate the pressures of a changing market.
An artisan polishes an embellished bag.
Private-equity-backed Gruppo Florence is pioneering a new model to consolidate and preserve Italian know-how. (Gruppo Florence)

Italy is the epicentre of luxury’s supply chain: many of the world’s biggest

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Further Reading

Inside Luxury’s Italian Sweatshops Problem

An Italian probe linking luxury labels including Dior and Armani to labour exploitation — with the supply chains of up to a dozen more brands under the microscope — has exposed a seedy practice deeply embedded in the luxury system, creating an unpredictable PR crisis at a precarious time for the sector, a BoF investigation has found.

Are Luxury Brands Still Worth It?

Luxury’s results ‘superweek’ underscored just how far consumer demand has fallen. Macroeconomic gloom is part of the problem, but there may be deeper issues with big luxury’s value proposition.

About the author
Sarah Kent
Sarah Kent

Sarah Kent is Chief Sustainability Correspondent at The Business of Fashion. She is based in London and drives BoF's coverage of critical environmental and labour issues.

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