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Italy

January 1, 2002

Italy is a world leader in fashion and design. However, increased global competition of the Italian fashion and design industry poses a potential threat to family dominance

The Italian fashion and design industry has overtaken France as a world leader, with an estimated 30% of the global market in luxury goods, estimated to be worth more than US$80 billion each year.

Italian fashion exports were valued at US$26 billion during 2000, an increase of nearly 15% over the previous year. Other significant export markets include Germany, France and the UK, with East European nations such as Romania emerging as new customers for the fashion giants of Rome and Milan.

January 1, 2002

Dr Alberto Falck talks to Families in Business about his involvement with the Italian family business organisation, AIdAF

Family businesses are at the heart of the Italian economy, and one of the sector's leading lights, Dr Alberto Falck, will have a prominent role at this year's Family Business Network conference in Rome.

January 1, 2002

The Merloni family business, with its roots in traditional family values, is at the leading edge of technology – providing the next generation of high-tech appliances to European consumers

Millions of European consumers know the top brands of Ariston and Indesit, but fewer realise that behind those household names is a family business whose history epitomises the sector and its most traditional values.

Vittorio Merloni, head of Merloni Elettrodomestici, harks back to the simple philosophy of his father Aristide, who founded the original company back in the 1930s. "My father loved to say that in every business venture, success has no value if it lacks involvement in social progress, "he recalls.

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