2025: a turning point for Italian digital commerce
According to Netcomm, the past year has led to radical changes in Italian trade, which will inevitably impact 2026 and beyond.
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August 2025
The President of Confindustria Accessori Moda pointed out that the weakening of the dollar is already a factor aggravating exports of Italian-made goods to the United States.
“The US administration’s decision to set tariffs at 15% on imports from the European Union, which also includes products from the companies we represent, is the “lesser evil” we can face. Although less punitive than the initial proposals for even higher tariffs, this decision will still have an overall negative impact on the fashion accessories sector: we must remember that the weakening of the dollar is already a contributing factor. The risk is that it will slow down investment, employment and growth at a time when the economic and geopolitical situation is already fragile.” – said Giovanna Ceolini, President of Confindustria Accessori Moda.
Tariffs on imports from the European Union are a significant burden on the sector, significantly affecting company margins and the competitiveness of Italian companies in the United States, one of the key markets for Made in Italy exports.
The fashion accessories sector – which includes footwear, leather goods, tanning and fur – exported almost €3 billion worth of goods to the United States in 2024. This performance, despite a slight decline of 3.5% compared to 2023, demonstrates the strength of Italian exports.
According to Netcomm, the past year has led to radical changes in Italian trade, which will inevitably impact 2026 and beyond.
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Data from the Confindustria Fashion Accessories Study Centre for Assopellettieri show negative figures for the third quarter of 2025 as well, albeit with a slight improvement compared to the beginning of the year, which will hopefully turn into a recovery in 2026.
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The new frontier of sustainable footwear combines technological innovation and respect for the environment, transforming paper and wood waste into luxury accessories and circular sneakers.
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