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Italy

Italy Takes Aim at Ultra-Fast Fashion With New Levy

MILAN – Italy has made its first official step to curb the impact of ultra-fast fashion, targeting platforms such as Shein and Temu. On Tuesday, the Senate passed the “Legge di Bilancio…

Why the EU-Mercosur Trade Deal Matters for Luxury

MILAN — Luxury industry concerns hit a peak this year after U.S. President Donald Trump announced his trade policy that involved a 15 percent tariff on all exports. Since then, leaders…

BasicNet to Acquire Beachwear Specialist Sundek

MILAN – BasicNet Group is on a shopping spree. After inking a deal to acquire Woolrich from L-Gam last month, the publicly traded, Turin-based company said on Thursday it is to add…

Italian Jewelry Show The Edit Lands in New York

Italian jewelry manufacturers are looking to make their mark in New York. Case in point: The Edit, a trade show created in a partnership between the Italian Trade Agency and The Futurist,…