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Footwear sector slows in Italy, smaller decline in Campania

Footwear sector slows in Italy, smaller decline in Campania
Footwear sector slows in Italy, smaller decline in Campania

Sharp slowdown in the Italian footwear sector in the first quarter of 2024. The contraction in exports and turnover is equal to -10%. This is what emerges from the latest report produced by the Centro Studi Confindustria Moda for Assocalzaturifici, which also highlights a decline in purchases by Italian families.

In the first quarter in Campania exports fell by -3%. The top 5 export destinations of Campania, which cover 60% of the total, are France, Germany, USA, Switzerland and Spain. 6 companies, including industry and craftsmanship, closed down, with a total loss of 39 employees. As regards the hours of redundancy fund authorized by INPS in the first quarter of the year for Campania companies in the leather supply chain, there was an increase of 484% compared to the same period of 2023: 2.5 million hours were authorised, a number 312% higher than the pre-emergency situation of the first 4 months of 2019.

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