Fibre2Fashion Magazine June 2018 June 2018 | Page 116

Q&A Tell us about the beachwear market in Italy. What’s special about it? Italy has an age-old tradition in beachwear, and in the past was driven by the domestic industry which paid attention to the fashion quotient and took hold of foreign markets too. 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. Another interesting aspect is the intended use of the swimsuit in Italy: the biggest share (63 per cent) is for leisure (sunbathing and beach life) which prevails over sports activities. Out of this, about 5 per cent is shared by swimming (training and competition) and 32 per cent by swimming pools (simple swimming, health clubs, aqua-gym). The women’s beachwear has the lion’s share of this (54 per cent of the market in value terms) whereas the men’s segment is 29 per cent and kids’ 17 per cent. If we take women’s beachwear into account (for over-14 and for leisure), in 2016 the premium market segment—whose unit price ranges from €50 and goes beyond—accounted for 24 per cent of total Italian and European swimwear value sales, and has had a relatively steady rate of growth over the last four years. Over the same period, the so-called “hourglass effect” has become more significant with a progressive reduction of the mid-price range (€30–40 as an average price) in favour of the entry price (up to €20) which has gained more ground. Inside the five benchmark European markets (Italy, France, Spain, Germany and Great Britain) about 15 per cent of over-14 aged women buy at least one bathing suit every year for leisure. Within this segment, the two-piece swimsuit (bikini) comprises 70 per cent of the European turnover, and the rest of the purchases are dictated by the “mix and match” factor. What steps does the industry do to promote this segment? The most important battle in Italy is about fabric traceability—quite an important issue that is energetically pursued by European Union authorities who are responsible for relevant regulations in member states. Since Italy is marked by quality and innovation, it has been essential to obtain a certification that can guarantee Italian production and at the same time protect the end-user. Maredimoda has always been an ambassador of both this culture and the traceability policy. What is the USP of Italian beachwear manufacturers? Creativity, quality and attention to detail are the elementary attributes of Italian brands. Not only do stimuli and challenges come from inside but from outside too. It is a deeply-rooted culture, and generations of artists and creatives. It is a genetic issue that gets honed day after day. Which top regions do exhibitors and visitors hail from (at Maredimoda)? The exhibitors are mostly fro