Just as the pandemic was all fashion week goers could talk about two years ago when it first hit Milan, the war was top of mind for everyone this season, culminating with Putin launching an atomic threat on Sunday, while the members of the EU were meeting to map out sanctions to hit Russia. Putin also agreed on Sunday to hold talks with Ukrainian President Volodymyr Zelensky on Monday on the border of Ukraine and the Russian satellite state Belarus, although battles continued to rage.
“It’s not sending money or clothes, nothing like that. How could I express how my heart was beating for these children…” he began to say before tearing up. After a few moments, he resumed his comments by saying that he believed “the best thing is to give a signal that we are not happy, that we don’t want to celebrate because there is something around us that troubles us very much. So I told my team, ‘I don’t want any music.
Capasa said Italian exports to Russia represent a business of 1.2 billion euros on a total of 100 billion euros. “The weight of the country varies depending on the company and the effect of the sanctions will be asymmetric, hitting some brands more than others, but none of them has placed business ahead of humanitarian actions. We are sure that our government, with the European Union, will find the right way to cope with this.
Confindustria stated that Russia has drawn 2.4 percent of Italian capital invested in the world, channeled in 442 local branches employing around 34,700 people and producing revenues of 7.4 billion euros, a 7.5 percent growth in the past six years. This surpasses the growth in the countries outside the European Union, up 2.2 percent in the same period, and in the U.S., up 5.2 percent.
At the Budapest Select, showing at the Fashion Hub supported by the Camera Nazionale della Moda, asking to speak anonymously, a guest hailing from Hungary was especially concerned about the possible repercussions of the war.