- Population: 60 million inhabitants
- Employment in the clothing industry: 264,600 people
- Fashion stores : 50,000 in the whole country
Main clients of Italy : France and Germany. The part of Russia (3rd client) is growing fast in the total exports of Italy. This country is now in front of Switzerland, Spain, and USA.
The distribution in Italy
Italian distribution is very fragmented with a bigger presence of small independent stores than in the other European countries
However, their part have decreased a little bit (46,7% of market shares for the Textile/Apparel market in 2006, against 48.3% in 2005) because the situation is evolving towards international standards: Increasing of mono-brand chains, shopping centers...
Italy owns more than 50,000 shops in the whole country, which creates a very large distribution channel to work with.
FDI Logbox Italy is partner with CIBM (Camera Italiana Buyer Moda), an association which associates the 100 best Italian Fashion multi-brand shops of high range. FDI Logbox and the CIBM have concluded an agreement of partnership to optimize the relationship with shops regarding business, credit granting and terms of payment.
The payment habits in Italy
At FDI Logbox Italy, among all means of payment, the RIBA (Ricevuta Bancaria) is the most used (67%). After this, are following transfers (17%), checks (15%). Very few bills called "cambiali"(1%).
The RIBA is the common system to pay and it is an electronic payment made by 2 banks. It has no legal consequences in case of unpaid. With the RIBA, the due date is always at the end of the month. The result is known between the 6th and the 10th day of the following month.
The usual payment term given to the retail stores in Italy is 60 days/90 days end of the month. In the reality, delay may occur, depending on the means of payment; for the RIBA, 80% of payments are done at its issue. Overall, 30% of claims are not paid at their term.
Contacts to find an agent, a distributor, or new lines in Italy
This is possible through FDI Logbox network!
All information on Fashion Networking
FDI Logbox's subsidiary was created in 1992 in Milano. Since then, it has developed an efficient relationship with 4,500 fashion stores and department stores.
For any information on the Italian market, do not hesitate to contact Claudio Milani :
FDI Logbox Italia
Via Gozzano, 14
IT - 20092 CINISELLO BALSAMO (MI)
tel +39 02660311
fax +39 0261290779
E-mail : italy@fdi-logbox.com
More information about fashion market in Italy
