All the European investment, retail, real estate, office and industry news in English language

Italian fashion retailers registered sales of USD 6 billion in China

Italian fashion retailers exported more than USD 6 billion worth of products to China in the first half of the year, according to data on the first half of the year published by Beijing ITA.

Italian producers surpass, for the first time in history, French competitors on the Chinese market.

In the first six months of 2021, Chinese imports from the world fashion market increased by 46%, and exports of Made in Italy products to China almost doubled (+ 96%).

Italy reached a share of the Chinese fashion market of 12%, followed by French companies (11%).

China also imports fashion products from Asian countries, with the largest markets being Japan (imports of $ 5.1 billion), Vietnam ($ 5 billion) and South Korea ($ 3.6 billion).

- ADVERTISMENT -

must read