Italian alert, -18% leather goods production: Redundancy Fund usage +155.6%

Italian alert, -18% leather goods production: Redundancy Fund usage +155.6%

The luxury segment hits the brakes and Italian leather goods production plummets. A boom in requests for Redundancy Fund, with the record in the last 15 years. Leather goods starts 2024 in reverse. Economic indicators for the first quarter of this year are all negative. It’s a real “Italian alert”, because the outlook is not…

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