Home » Marino Vago: “The fashion supply chain must be saved, 2 billion are needed for the emergency”

Marino Vago: “The fashion supply chain must be saved, 2 billion are needed for the emergency”

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“The first step, necessary and necessary, was the presentation to the Ministry of Economic Development, in the coming weeks it will be the turn of Mef, Ministry of Labor, Research and Ecological Transition: the plan to give a future to textile-fashion is transversal to the economy of the country and it must be seen how an investment, not as a request for refreshments“. Marino Vago, president of Sistema Moda Italia (Smi) , bears the weight of the annus horribilis of the sector, the second for manufacturing value in Italy, which closed 2020 with average losses of over 25% (but there are those who have reached -40%). However, he appears combative, almost optimistic: to give him strength in presenting the plan is a long list of numbers, statistics, elaborations that photograph the present but above all they offer a concrete recovery scenario for the future.

What is different about the plan and the requests of SMI compared to those presented by other sectors?

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We called the document submitted to Minister Giancarlo Giorgetti “Path for the relaunch of the Italian textile-clothing chain” because this is what we are talking about: we do not ask, I repeat, for refreshments, but for share a vision which brings not only our supply chain, but the entire Italian economy and society, into a new paradigm, circular rather than linear, which feeds and grows thanks to research and development and digitalization and which enhances the desire for training of young people and protection female employment, one of the weaknesses of our country.

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In the immediate future, what are you asking of the Mise and the Government?

The priority is to secure SMEs, which are the majority in the supply chain. We are talking about companies with turnover of around 10 million that faced last year’s production lockdown and then the collapse in demand from downstream companies, caused by the closures of shops. Europe has suffered above all, which will also have the slowest recovery. If these businesses leave people at home, skills are lost forever. Big companies, in addition to having broad shoulders, don’t have to be as drastic to survive, small ones do. We have calculated that this emergency phase is exceeded with two billion, to be allocated to the extension for the whole of 2021 of the Covid cash desk and the exit slides that help the necessary restructuring.

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