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Family-run listed firms in Italian fashion are most profitable

Nadia Portioli, financial analyst at Mediobanca. Courtesy of Mediobanca. Nadia Portioli is financial analyst at Mediobanca. Image courtesy of Mediobanca

 

The Italian fashion industry earned $77.4 billion in aggregate sales in 2018, contributing to 1.2 percent of the country’s GDP as growth holds steady, never falling below 3.4 percent, despite a slowdown in growth in recent years.