On the third day of Oroarezzo, the IEG event in collaboration with Confindustria Federorafi and "Leather & Luxury” magazine.The survey: almost 70% of companies believe that the sector will be transformed in 10 years' time. 37% maintain it will be “completely” so
The message from Adolfo Urso, Minister of Enterprise and Made in Italy: «Reference event for the high-end accessories sector».Four debates: innovation, current market status and trends, Made in Italy, responsibility
The survey speaks for itself. Almost 70% of companies producing fashion accessories believe that the industry will be different in ten years' time. Of these, 37% maintain that it will be «completely» different since 54% of the sample answered that the market will settle on smaller, more sustainable quantities. Caught between geopolitical crises and a post-Covid production glut, yesterday the fashion accessory industry took time to rethink its future with “Precious Fashion” on the third day of Italian Exhibition Group's Oroarezzo event at Arezzo Fiere Congressi.
IEG's International Gold and Jewellery Manufacturing Exhibition, together with Confindustria Federorafi and “Leather & Luxury” magazine , organised a moment of debate between the two industries that have much in common from the point of view of the use of increasingly sustainable technologies, by sharing fundamental values of Made in Italy albeit with different strategies for now. Jewellery is travelling at a double-digit growth rate, while accessories are suffering from a market trend where even the high temperatures in October affected consumption and therefore the budgets of companies linked to the fashion industry. Four high-profile talks, introduced by Matteo Farsura, Global Exhibition Manager of IEG's jewellery shows, and Matteo Rovelli , Marketing Manager for “Leather & Luxury”, made “Precious Fashion” a «reference event for the high-end accessories sector», as Adolfo Urso, Minister for Enterprise and Made in Italy, pointed out in his message.
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