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As Mipel, the international leather goods and fashion accessories trade show, opens its doors tomorrow, the sector has announced a slight drop in exports during the first five months of 2016.
Total Italian leather goods exports have declined 1.19% to €2.6 billion in the first five months of 2016, with the U.S. recording a -11.75% drop in the period, to just over €227 million.
On the other hand, exports to Russia increased 4.77% to over €42 million, and Hong Kong, the third most important destination for Italian leather goods after France and Switzerland, also registered a positive growth in the period (+4.79%).
Mipel, to be held on September 3-6, 2016 in Milan, Italy, will showcase the products from 300 companies. Over 12,000 international visitors are expected to attend.
Source: Pambianco News