Italian footwear industry struggles as Q1 turnover falls 2.7%

Italy's footwear industry experienced a challenging start to 2026, with sector turnover declining 2.7% in the first quarter amid weaker export demand and continued geopolitical uncertainty, according to the latest economic bulletin released by Assocalzaturifici.

Exports, which account for nearly 90% of the sector's total turnover, reached approximately €3 billion between January and March, representing a 1.6% decline in value and a 3.6% drop in volume compared with the same period last year. The industry's performance reflects softer demand across several key international markets and increasing pressure from global economic conditions.

Commenting on the results, Giovanna Ceolini, President of Assocalzaturifici, said the figures confirm concerns expressed by footwear manufacturers at the beginning of the year. She noted that geopolitical tensions, higher raw material and energy costs, and growing uncertainty in international markets have delayed purchasing decisions and weighed on export performance.

Among Italy's major export destinations, France remained the leading market, recording a 6% increase in export value, while shipments to Germany declined by 10%. Exports to the Middle East fell 33%, with March alone witnessing a 62% decline following the outbreak of regional conflict. Shipments to countries of the former Soviet bloc dropped 21%, while exports to the United States decreased 7.4%, reflecting the impact of additional import tariffs introduced in 2025.

Despite weaker exports, the domestic market showed signs of resilience. Italian households spent €1.28 billion on footwear during the quarter, an increase of 1.7% in value and 2.1% in volume, supported primarily by stronger demand for women's footwear and trainers. Athletic and sports footwear together accounted for 41% of total consumer spending.

The sector also continued to face structural challenges. During the first three months of 2026, Italy lost 85 footwear manufacturing companies and 808 jobs, while the use of wage support schemes remained well above pre-pandemic levels despite easing from the highs recorded in 2025.

Assocalzaturifici has called for stronger measures to support internationalization, improve competitiveness and ensure long-term stability for one of Italy's key manufacturing industries.