Fibre2Fashion Magazine June 2018 June 2018 | Page 115

the quite-often virtuous creative contamination, many brands outside the circuit of our fair too do come to Cannes anyway to find their inspiration and choose fabrics. What is the global market size for women’s innerwear and beachwear? The global market for swimwear and beachwear is projected to reach 2.2 billion units valued at $22.7 billion by 2022. Emerging countries represent the global hub for growth, with Latin America led by Brazil representing the largest market worldwide. H Marco Borioli, President, Maredimoda ow has Maredimoda evolved over the years? What will be special about the 17 th edition? Maredimoda’s strength is our uniqueness. We are a benchmark trade fair for beachwear, underwear and— since last year—for athleisure too. International brands meet in Cannes to find the best European fabric and accessories suppliers. It is only at Maredimoda that they know they will be able to get an overview of the new collections along with other fashion contents, besides incomparable innovation and quality (being displayed at the fair). Today, more than ever, considering the mixture of genres and styles as well as What is the market share of Italy in the global beachwear industry? Italy ranks second in Europe after France. The annual beachwear turnover in Italy is €733 million. What has revolutionised the market in Italy—and not only Italy, actually—has been the transformation of the distribution channels. Next to multi-brand stores today are the mono-brand chain stores, either owned or franchised, which have contributed to moving brands from the high-streets to shopping malls on the one hand, and strengthening their brand identities on the other. About 40 per cent of the Italian market today is covered by the chain stores followed by independent stores with a market share of less than 20 per cent. Even in this sector, online business has risen and keeps on rising at an average annual rate of 5 per cent, but currently still has a relatively low overall share of 8 per cent. Italy has an age-old tradition in beachwear. The market is dominated by several small/medium brands which on the one hand account for the successfully added value, and on the other hand seem to slow down the diffusion abroad. JUNE 2018 FIBRE 2 FASHION |  115