Luxury Fashion Slows: Textiles adapt with soft, sustainable yarns.

The luxury and fashion sectors' post-pandemic boom has weakened since late 2023, with the Italian spinning industry seeing an 11 per cent revenue drop in 2023 to €2.88 billion, despite being 4 per cent above 2019 levels. At the Pitti Filati textile trade fair in Florence, Italy from June 25 to 27, industry leaders will unveil fall 2025 collections focused on cocooning yarns with a reassuring texture. This shift responds to overstocking and diminished consumer demand due to inflation, impacting both low-end and luxury sectors.

Key figures like Alberto Enoch of Servizi e Seta and Silvio Botto Poala of Botto Giuseppe noted the market’s struggle with high inventories and slower orders. Matteo Seroldi of Essegomma and Lincoln Germanetti of Filatura di Tollegno 1900 emphasized the importance of sustainability and quality in maintaining market share amid this slowdown.

Investment in innovation and sustainability is crucial, according to Germanetti and Enoch. Cariaggi, supported by Chanel and Brunello Cucinelli, plans to invest €40 million in R&D and new machinery by 2030 despite current market challenges. The fall 2025 collections will feature soft, cocooning yarns and emphasize sustainability, with notable entries like Monticolor’s Hug Merino blend and Cariaggi’s Voluta boucle yarn. Earthy tones will dominate, with a focus on versatile, trans-seasonal garments.