THE ENTREPRENEURS OF THE CENTRO TESSILE MILANO UNITED IN PROPOSING INTERVENTIONS TO SAVE THE FASHION SECTOR

Born in 1984, the Centro Tessile Milano is an almost unique reality in the Italian panorama of wholesale fashion distribution. His great wealth of knowledge, accumulated over many...

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THE ENTREPRENEURS OF THE CENTRO TESSILE MILANO UNITED IN PROPOSING INTERVENTIONS TO SAVE THE FASHION SECTOR

THE ENTREPRENEURS OF THE CENTRO TESSILE MILANO UNITED IN PROPOSING INTERVENTIONS TO SAVE THE FASHION SECTOR

Publication date: 20/04/2020

Born in 1984, the Centro Tessile Milano is an almost unique reality in the Italian panorama of wholesale fashion distribution. His great wealth of knowledge, accumulated over many years of success, proves fundamental to always be at the forefront in the ability to offer the best trends, while remaining competitive from all fronts: quality, service and innovation are really the its strengths.

Its expansion was achieved through a progressive and continuous evolution that saw it grow during the economic development of the eighties, the golden moment of the clothing market in which the made in Italy ready-to-wear was affirmed in the world as a phenomenon of elegance and style. The founders of the consortium then had the intuition to create a commercial reality that has proven its validity in the long term: today there are 190 consortium members, divided into 20 pavilions and distributed over an area of ​​140 thousand square meters, with a good 2 kilometers shop windows, in Cernusco sul Naviglio, near Milan, the fashion capital.

The Covid 19 epidemic health emergency has generated a state of crisis involving many aspects of the Italian economy. One of the sectors most affected, the pride of Italy, is that of the textile industry, clothing and distribution.

Following the ministerial decree, the closure to non-producing companies of "basic necessities" was imposed, resulting in the suspension of the production activity and thus putting production and deliveries on stand-by. The fashion industry is one of the main voices in the Italian production sector.

By combining textiles, manufacturing and distribution it is able to produce over 90 billion euros in turnover, with an occupational power of more than 620 thousand employees and an export capacity which in 2019 saw an increase of 6.2% equal to 71, 5 billion euros. (cit. Il Sole 24 Ore).

Analyzing the apocalyptic scenario the Centro Tessile Milano claims attention to the Textile-clothing sector starting from a broader tax moratorium, able to help companies and workers through a possible suspension of the payment of taxes, VAT payments and mortgage payments from immediately, even before the investments necessary to get the economy back on track with the aim of restoring normalcy as soon as possible. Added to this is the extension of the redundancy fund to companies of any size.

The CTM also requires the inclusion of the Fashion Sector in the "Cura Italia" decree, equating the fashion supply chain with those of the supply chains already inserted. Guaranteed payments for all production steps to exclude liquidity blocks and consequent bankruptcies, extension to the wholesale and outlet centers of the tax credit equal to 60% of the rent, not limited only to category C1 stores.

Suspension for the current year of Imu and Tasi on warehouses, warehouses and shops and consequent enhancement of the fashion companies that have their headquarters, production and distribution in Italy to facilitate Made in Italy.

Postpone the summer sales to September to give the retailer, customer of the textile center, the opportunity to take advantage of the months of July and August for a full price sale that has a positive impact on the income statement.

The Centro Tessile Milano can be interpreted as a single distribution platform for Made in Italy products highly specialized in the fashion sector.
A pool of companies capable of teaming up by cooperating many companies operating in various areas, but able to coexist and communicate in a cohesive way.