Italian Fashion Brands to Set Up Shop
Ten Italian companies have announced they will set up textile, apparel and leather goods factories in Egypt. Their brands, which include Marzotto, Ermenegildo Zegna, Valentino and Salvatore Ferragamo, stand to benefit from Egypt’s low production costs and its long-staple cotton. The factories plan to export the…
Egytex News Desk
Egytex
Ten Italian companies have announced they will set up textile, apparel and leather goods factories in Egypt. Their brands, which include Marzotto, Ermenegildo Zegna, Valentino and Salvatore Ferragamo, stand to benefit from Egypt’s low production costs and its long-staple cotton. The factories plan to export the finished goods, primarily to European markets.
Source: Business Monthly
From the Egytex news archive, first published on 13 March 2008. Figures and names are as reported at the time.
