← JournalSTUDIO ARTIPER
Anno I · N. 1Every Friday from MilanStudio Artiper
Ora solare8 hoursClocks go back on Sunday 25 October, widening the time difference with Japan by one hour
Il Settimanale di Milano

The Milan Weekly

Euro / Yen177.36Euro down about 5% against the yen in three months (ECB, 21 October)
Milano, venerdì 23 ottobre 2026Friday 23 October 2026Covering 15–21 October
Lettera da Milano
Winter time, and the bread of the dead
ミラノの街を走るオレンジ色の路面電車(1928年製の車両)
A Milan tram: cars built in 1928 are still in servicePhoto: Ian Fisher / CC BY-SA 2.0

Milan returns to winter time this weekend. When the clocks go back an hour on Sunday morning, the time difference with Japan becomes eight hours. Once the street lamps come on after five in the evening and the tram windows glow in the dark, autumn in Milan is well into its second half.

Next Sunday is All Saints' Day, and the Monday after is the Day of the Dead. Pots of chrysanthemums line the florists' pavements, and the pastry shops bring out pan dei morti, the "bread of the dead". The name sounds grim, but it is a simple baked sweet of dried figs and cocoa, eaten while remembering family members who have passed away.

For these few days, which are not unlike Obon in Japan, Milan grows a little quieter.

From Milan, Yasuo Asaki
Il cambioEuro / Yen
177.36 yen▼ about 5% (3 months)
188 184 180 176 186.99 (30 Jul) 177.3621 Oct AugSepOct
24 July–21 October, ECB reference rates. A tailwind for those buying from Italy, a headwind for those selling to Italy. Source: ECB
FiereTrade fairs (Milan · Rho)
1/21–24HOMI
2/2–4Milano UnicaJETRO pavilion: applications closed
2/21–23MICAM/MIPEL
2/23–25Lineapelle
4/13–18Salone del MobileNew: Salone Contract
Held in 2027. Exhibitor and visitor deadlines not yet officially published. JETRO official site: as of 22 October, no pavilions taking applications for fairs in Italyjetro.go.jp
I numeriNumbers
This week's pick+156%Green tea exports from Japan to Italy(Jan–Aug) ¥690m. Mostly powder, including matcha; value grew by more than volume (+43%)Compiled from Ministry of Finance statistics
Tassi, prezzi ed economia Interest rates & prices6 items
Yasuo’s viewThe ECB keeps raising rates and Italian inflation is back above 4%. Wholesale electricity costs about twice last year’s price, pushing up costs for manufacturers.
ECB deposit rate
From 16 Sep 2026
2.50%
= Raised to 2.25% on 17/6 and to 2.50% on 16/9
Main refinancing rate 2.65%, marginal lending rate 2.90%
BTP-Bund spread
Close, 22 Oct
126bp
= 123bp on the morning of 23/10
Yield gap between Italian and German 10-year bonds. 111bp at the 19/10 close
Italian 10-year bond yield
Close, 22 Oct
4.59%
= 4.58% on the morning of 23/10
Benchmark bond matures 1 Jul 2036. 4.56% at the 19/10 close
Consumer prices (NIC)
Sep 2026, y/y (final)
+4.2%
▲ August +3.3%. +0.7% m/m
Energy goods +22.6%. Core +1.6%. October flash due 30/10
Wholesale electricity price (PUN)
Sep 2026 monthly average
207.54€/MWh
= 109.08 in Sep last year (about 1.9×)
August 180.00. Third consecutive monthly rise from 157.04 in July
Milan residential rents
Sep 2026
22.32€/m² per month
▼ -0.71% y/y (22.48 a year earlier)
Asking rents. City centre 31.11, cheapest zone 15.76. Sale prices €5,665/m² (+1.85%)
Turismo Tourism6 items
Yasuo’s viewJapanese visitors are spending about the same, but Japanese guests staying in Milan have grown about 1.6 times in two years. Linate, the airport close to the city, also stands out.
Japanese travellers' spending in Italy
2025 (calendar year)
726€m
▼ About -0.8% y/y (2024: about €732m)
Arrivals about 797,000 (about +6.8% y/y). More visitors, but spending flat
Japanese arrivals in Milan (accommodation)
2025 (calendar year)
84,332people
▲ About +22.7% y/y (2024: 68,755)
179,902 overnight stays. About 1.6× in two years from 53,210 in 2023
Foreign travellers' spending in Italy
Jul 2026
8.3€bn
▲ +6.8% y/y
Travel balance in surplus by €4.7bn. On the May–Jul average, non-EU visitors' spending rose 6.8%, outpacing EU visitors (+4.4%)
Malpensa Airport passengers
Jan–Aug 2026
20.99m
▲ +0.4% y/y
August alone 3,285,351 (+2.1% y/y). Milan's largest airport by passengers
Linate Airport passengers
Jan–Aug 2026
7.96m
▲ +9.1% y/y
August alone 1,005,185 (+5.1% y/y). The airport closest to the city shows strong growth
Overnight stays in Italy
Apr–Jun 2026
148m nights
▲ +3.9% y/y (foreign +4.6%, Italian +2.7%)
Arrivals about 47m, -0.8%. Foreigners account for 61.6% of stays. Q3 data due 23 Nov
Consumi e commercio Consumption & retail3 items
Yasuo’s viewRetail overall edged up, but footwear and leather goods fell 4.1%. Italy’s home market has not recovered yet.
Retail sales (total, value)
Aug 2026
+0.5%
▼ y/y (volume -1.0%)
m/m: value +0.3%, volume +0.1%. Two months of decline come to a halt
Retail: footwear, leather goods & travel items
Aug 2026
−4.1%
= y/y, value
Largest drop among non-food product groups (largest rise: IT & telecoms equipment +6.7%)
ICC clothing & footwear
Sep 2026
+0.4%
▼ y/y, volume (August -2.7%)
A slight recovery, but the prolonged weakness persists
Commercio estero Trade (overall)3 items
Yasuo’s viewYen figures are inflated by the weak yen. The pattern is unchanged: Japan buys about 2.8 times as much from Italy as it sells.
Imports from Italy (Sep)
Sep 2026 (preliminary)
190.5¥bn
▲ +12.9% y/y
August ¥189.2bn, +40.1% y/y. Note that, being in yen, the weak yen inflates the value.
Exports to Italy (Sep)
Sep 2026 (preliminary)
67¥bn
▲ +11.3% y/y
August ¥56.4bn, +16.3% y/y (preliminary).
Trade balance with Italy (Sep)
Sep 2026 (preliminary)
−123.4¥bn
= Deficit +13.8% y/y
Imports about 2.8× exports. Japan's import surplus (deficit) widened 13.8% on a year earlier.
Export · Moda Exports to Japan: fashion5 items
Yasuo’s viewBags, clothing and leather shoes for Japan are all below last year. Buyers are now choosing on unit value rather than volume.
Bags & wallets exported to Japan
Jan–Aug 2026
491€m
▼ −6.9% y/y (our calculation)
HS4202 (any material). Same period last year: €528m
Exports to Japan of leather goods (bags, shoes, etc.)
Jan–Aug 2026
642€m
▼ −7.4% y/y
ATECO 15 (leather goods and footwear). August alone: −9.2%
Exports to Japan of clothing
Jan–Aug 2026
618€m
▼ −5.6% y/y
Includes leather clothing and fur. August alone: +4.0%
Exports to Japan of leather footwear
Jan–Aug 2026
103€m
▼ −4.8% y/y (our calculation)
HS6403 (shoes with leather uppers). Same period last year: €108m
Exports to Japan of textiles, clothing and leather
Jan–Aug 2026
1.33€bn
▼ −6.7% y/y
August alone: €147m (−3.0%). 23.8% of all exports to Japan
Moda e lusso Brands (Jan–Sep)6 items
Yasuo’s viewPrada and Cucinelli grew by double digits; Ferragamo slowed in Japan. Even within Italy, the brands are moving in different directions.
Prada Group revenue
Jan–Sep 2026
4.54€bn
▲ +15% y/y (constant FX); +4% organic excl. Versace. Q3 +11% (organic +1%)
Japan retail +5% over nine months (organic +2%), flat in Q3. Versace contributed €441m
Brunello Cucinelli revenue
Jan–Sep 2026
1.12€bn
▲ +13.3% y/y (constant FX), +10.2% reported. Q3 €374.2m, +13.5% (constant FX)
Asia €311.4m, +14% (constant FX). Japan and Korea solid, driven mainly by local customers. Full-year guidance raised to +12%
Moncler Group revenue
Jan–Sep 2026
1.9€bn
▲ +6% y/y (constant FX), +3% reported. Q3 €605.5m, flat (constant FX)
Moncler brand Asia (incl. Japan and Korea) +15% over nine months, +5% in Q3. EMEA -8% in Q3 on fewer tourists
Ferragamo revenue
Jan–Sep 2026
675€m
▼ Flat y/y (constant FX), −2.8% reported. Q3 €207m, −3.5% (constant FX)
Japan -2.2% over nine months, -5.0% in Q3 (both constant FX). Hit by wholesale reduction
LVMH Fashion & Leather Goods revenue
Jan–Sep 2026
26.4€bn
▼ −4% y/y reported, −2% organic. Q3 organic −5%
Weighed down by the slowdown in China. At group level, the US, Europe and Japan were described as strong in Q3 (no Japan figure by division)
EssilorLuxottica revenue
Jul–Sep 2026
7.49€bn
▲ +7.2% y/y (constant FX), +9.0% reported. Jan–Sep €22,304m, +8.9% (constant FX)
Asia-Pacific €979m in Q3, +15.7% (constant FX). Japan wholesale also grew by double digits
Export · Casa e materiali Exports to Japan: interiors & materials3 items
Yasuo’s viewFurniture fell sharply (−15.7%), while tiles and finished leather rose slightly. For Japan, this is a year when materials do better than finished products.
Exports to Japan of furniture
Jan–Aug 2026
57.9€m
▼ −15.7% y/y
ATECO 31. August alone: −3.0%
Exports to Japan of ceramic tiles
Jan–Aug 2026
31.4€m
▲ +4.3% y/y (our calculation)
HS6907. Same period last year: €30.1m
Exports to Japan of finished leather (material)
Jan–Aug 2026
13.7€m
▲ +1.2% y/y (our calculation)
HS4107 (finished leather of bovine, equine animals, etc.). Same period last year: €13.5m
Export · Food & Beverage Exports to Japan: Food & Beverage3 items
Yasuo’s viewCheese is up 14.9%, olive oil down 23.5%. On Japanese tables, too, each product is going its own way.
Exports to Japan of wine
Jan–Aug 2026
121€m
▼ −1.2% y/y (our calculation)
HS2204 (incl. sparkling). Same period last year: €122.3m
Exports to Japan of cheese
Jan–Aug 2026
82.4€m
▲ +14.9% y/y (our calculation)
HS0406. Same period last year: €71.8m
Exports to Japan of olive oil
Jan–Aug 2026
59.2€m
▼ −23.5% y/y (our calculation)
HS1509. Same period last year: €77.3m. Effect of lower prices not verified
Mercati e settori Industry figures (this week: leather, bags & footwear / furniture & interiors)6 items
Yasuo’s viewLeather goods exports fell 11% by weight but rose 8.7% in unit value. Making less and selling it for more is also visible in furniture exports.
Leather, bags & footwear
Leather goods and bag exports
Jan–May 2026
3.9€bn
▼ -3.4% y/y (weight -11.1%)
Average unit value €161.33/kg (+8.7%). Middle East -48%, EU +1.9%
Leather, bags & footwear
Tannery output value
2025
−6% (y/y, value)
▼ Volume -4%
Original: 'quasi il 6%' (a fall of almost 6%). Sector size approx. €4bn
Leather, bags & footwear
Footwear exports
Jan–May 2026
4.8€bn
▼ -2.4% y/y (volume -5.8%)
Trade surplus €2.16bn (+9.6%). Turnover -2.3%, employees -3,065
Furniture & interiors
Wood-furniture industry exports
Jan–Jun 2026
9.2€bn
▼ -4.5% y/y
June alone -1.4% (May -10.1%). The US slipped from 2nd to 3rd place
Furniture & interiors
Wood-furniture industry turnover
2025 (est.)
52.2€bn
▲ +1.3% y/y
Domestic €32.9bn (+1.8%). Furniture sector (Macrosistema arredamento) €27.7bn (+0.6%)
Furniture & interiors
Wood-furniture industry exports (full year)
2025 (est.)
19.3€bn
▲ +0.4% y/y
37% of total turnover. Kitchen furniture exports -5%
Energia e costi Energy & costs6 items
Yasuo’s viewFrom October regulated electricity rates are up 37%, and gas costs more than twice last year. Wages are not keeping pace.
Electricity price (ARERA, vulnerable-household benchmark)
Oct–Dec 2026
43.43cents/kWh
▲ +37.3% q/q
Incl. taxes. Annual spend €665.38 (calendar year 2026, +9.3% y/y). Regulated tariff for vulnerable households
Gas raw-material price (ARERA, PSV-indexed)
Sep 2026
78.80€/MWh
= August: 64.15; September last year: 34.89 (approx. 2.3×)
€0.843/Smc. Set by the monthly average of the wholesale PSV day-ahead price. Standard household spend +12.7% m/m
Petrol (national weekly average)
Week of 19 Oct 2026
2.016€/L
= A year earlier (20/10/2025): 1,690.31
Approx. €2.02 per litre. Previous week: 2,021.02
Diesel (national weekly average)
Week of 19 Oct 2026
2.244€/L
= A year earlier (20/10/2025): 1,615.80
Approx. €2.24 per litre. Higher than petrol
Contractual wages (textiles, clothing, leather)
Jun 2026, y/y
+2.9%
▲ +2.9% in each of Apr–Jun
Hourly contractual wages under the 'Tessili, abbigliamento e lavorazione pelli' agreement
Contractual wages (hourly, all sectors)
Jun 2026, y/y
+2.4%
▲ Jan–Jun average: +2.6%
Private sector +2.4% (industry +2.7%). In Apr–Jun, growth fell below inflation for the first time in 10 quarters. Jul–Sep figures due 30 Oct
Exports to Japan by sector (Italy → Japan)Jan–Aug, y/y Total −0.8% ISTAT (euro basis)
Pharmaceuticals+6.5%Motor vehicles+5.9%Food, beverages & tobacco−0.4%Clothing−5.6%Leather goods−7.4%Furniture−15.7%
Exports to Italy by sector (Japan → Italy)Jan–Aug, y/y Total +15.2% Ministry of Finance (yen basis)
Passenger cars+43.0%Foodstuffs+28.7%Optical & precision instruments+19.2%Iron & steel and products+12.8%General machinery+2.1%Electrical machinery−11.0%
Both bars use the same scale. Leather goods include footwear. Tobacco accounts for about half of food, beverages & tobacco. Exports to Italy are compiled from Ministry of Finance data by HS code: foodstuffs = chapters 1–24, optical & precision instruments = chapter 90, iron & steel = chapters 72–73, general machinery = chapter 84, electrical machinery = chapter 85. Over the same period, Japanese statistics (in yen) show bag imports from Italy at +1.5%. Differences in currency and recording methods can make the direction appear reversed. Yen–euro conversion uses ECB period averages (Jan–Aug ¥184.56, Jan–Sep ¥184.04, Aug ¥184.10, Sep ¥180.04). ISTAT
Sette giorniSeven Days in Italy↑ Contentspagina 2

Seven Days in Italy15–21 October

15OTTThe government submits its core 2027 budget document to the European Commission, worth about €23.5 billion.ANSA

15OTTThe European Central Bank approves UniCredit (headquartered in Milan) taking control of Germany's Commerzbank.Il Post

16OTTBanca d'Italia puts this year's growth forecast at +1%. If oil prices surge again, the economy could contract from 2027 onwards.ANSA

16OTTA fault on air traffic control data lines delays departures from Malpensa by up to two hours or more.Il Giorno

17OTTThe City of Milan approves a full replacement of escalators at 13 stations on metro lines M1–M3, with a budget of €13.3 million.ANSA

17OTTThe exhibition "Youth and Future" opens in the Sala delle Cariatidi at Palazzo Reale (until 1 November).AgenziaCult

17OTTSerie A: Inter beat Bologna 3-1 to go joint top with Lazio. The next day, the 18th, Milan beat Atalanta 3-2 to move up to fourth.Il Fatto Quotidiano

19OTTSubscriptions open for the retail government bond "BTP Valore", with about €8.6 billion in orders in the first two days.Milano Finanza

19OTTThe OECD publishes its Economic Survey of Italy, estimating that reforms, if carried through, would lift GDP by 3.9% over ten years.ANSA

20OTTLombardy issues a yellow alert for river basins around Milan due to heavy rain.MilanoToday

21OTTISTAT reports 355,772 births in 2025, the lowest on record.Sky TG24

21OTTMoncler posts January–September revenue of about €1.89 billion. Sales were flat in July–September as spending by tourists in Europe slowed.Teleborsa

21OTT"CES Unveiled", the curtain-raiser for the US consumer electronics show CES, is held in Italy for the first time, at Allianz MiCo in Milan.Confindustria AM

21OTTInter and Milan decide to unveil renderings of the new San Siro at the Castello Sforzesco on the 29th.Calcio e Finanza

21OTTThe City of Milan presents its draft revision of the town plan (PGT), banning new building in courtyards in the historic districts. It goes to the city council in mid-November.idealista

21OTTChampions League: Como thrash Manchester United 4-1. Inter beat Shakhtar 1-0.Sky TG24

AgendaNext week's diary and strikes
  • Sun 25 October Clocks go back. Time difference with Japan: 8 hours
  • 27 & 29 October, 3, 5 & 8 November La Scala: Faust (new production)
  • Thursday 29 OctoberRenderings of the new San Siro unveiled (Castello Sforzesco)
  • Friday 30 OctoberA national general strike (USB) has been notified to the Ministry of Transport. Check the impact on services with the Ministry and ATM the day before
  • Sunday 1 NovemberAll Saints' Day. Italy has no substitute holiday, so Monday 2 November is a normal working day
  • 3–8 November EICMA (motorcycle trade fair, Rho)
  • 9 November Mona Hatoum exhibition at Fondazione Prada closes
Sources: Ministry of Transport strike calendar (updated 22 October), metropolitanadimilano.it, Teatro alla Scala official website
Cronaca e sicurezzaSecurity, Protests & Politics↑ Contentspagina 3

The weekend unrest and the week that followedIl Post, ANSA, Reuters and others

We have set out only the facts relevant to business trips and stays, without judging who is right. Figures differ between reports, so sources are given.

ひびで白く曇ったショーウィンドウのガラスと、手前の規制テープとバリケード
Central Milan the morning after the unrest: cordon tape across a smashed shop window (19 October)Photo: Julius Barclay / CC BY-SA 4.0
Security

Cost-of-living protest leads to two days of clashes in central Milan

On Saturday 17th, part of a rally (around 5,000 people) against high prices and low wages clashed with police, who used water cannon and tear gas. On Sunday 18th young people again gathered around the Duomo, and shops were vandalised in via Torino, via Dante and elsewhere. Figures vary between reports; according to Reuters (19th), 271 people were detained and 32 arrested. Trade associations put the damage at around 1 million euro.Il Post/ANSA/Reuters 10/17〜19

モンテナポレオーネ通りのブティックのショーウィンドウの前を歩く人々
Shop windows on via Montenapoleone (illustrative image)Photo: Dimitris Kamaras / CC BY 2.0
Travel note

Central shops close early at the start of the week; some on Montenapoleone shut

On Monday 19th, shops in the centre boarded up their windows and closed early, and some on via Montenapoleone did not open at all. If you have appointments in the centre at the weekend, it is worth checking with your host the day before that they will be open.Reuters 10/19

執務机に着いて話すメローニ首相
Prime Minister Meloni's video message explaining the emergency decree (20 October)Photo: Governo Italiano / CC BY 4.0
Politics

Government issues emergency security decree, with 500 soldiers for Milan until year-end

At the cabinet meeting on the 20th, the government created a new offence of collective violence at demonstrations (2–5 years' imprisonment) and approved administrative penalties for the parents of minors. According to ANSA, an additional 500 soldiers will be deployed in Milan until 31 December. The Prime Minister called on the opposition to condemn the violence as well, while Mayor Sala said: "I understand the reasons for the protest, but violence cannot be justified."Il Post/ANSA 10/20

トリノ・ポルタ・ヌオーヴァ駅の駅舎正面
Torino Porta Nuova station (illustrative image)Photo: Trappy by en.wiki / CC BY 4.0
Nationwide

Clashes around stations in Bologna and Torino on the same day, the 17th

In Bologna, rubbish bins were set alight near the station; in Torino, a bookshop at Porta Nuova station was vandalised and 12 people (10 of them minors) were detained.Il Post 10/18

海沿いの斜面にかかる高速道路の高架を走るトラックと乗用車
The A2 motorway through Calabria (illustrative image)Photo: Salvatore Migliari / CC BY 3.0
Logistics

Lorry blockades continue in the South; government puts up 480 million euro

Hauliers protesting over fuel costs and other issues are continuing their blockades in Campania, Calabria and Puglia, and are expected to keep them up until the next round of talks on the 27th. No impact on the North has been reported, but food and goods from the South may be delayed.ANSA 10/20

鉄骨のアーチ屋根の下、ミラノ中央駅のホームに停まる電車
A platform at Milano Centrale (illustrative image)Photo: Leonhard Lenz / CC0
Transport

National general strike on Friday 30 October; rail from 21:00 on the 29th

Rail: 21:00 on the 29th to 20:59 on the 30th; air and taxis: all day. Times for the Milan metro (ATM) and Trenord have not yet been announced. A 24-hour ATM strike is also planned for Friday 13 November.Ministry of Transport strike list Retrieved 22 October

Cronaca di MilanoAround Milan↑ Contentspagina 4

From sunset over the canal to the museum on Thursday nightsMilanoToday and others

Small happenings that got Milan talking this week. We have picked things you can drop in on between meetings, or that make good conversation starters.

ブレラ宮の中庭
The courtyard of Palazzo di BreraPhoto: Jean-Christophe BENOIST / CC BY 3.0
Culture

Pinacoteca di Brera: 3 euro on Thursday evenings

Until 17 December, open until 23:20 every Thursday (last entry 22:00). Admission after 18:00 costs 3 euro, so it is still within reach after a business meeting.MilanoToday 10/20

ガッレリア前のクリスマスツリー
A tree from a previous year (in front of the Galleria entrance)Photo: Marco Assini / CC BY-SA 2.0
Seasonal

Sponsors confirmed for the Duomo and Galleria Christmas trees

The Galleria tree is set to be an 'interactive' one with music. The lighting date has not yet been announced.MilanoToday 15–16 October

夕暮れのナヴィリオ・グランデ
Dusk on the Naviglio GrandePhoto: Nemo bis / CC BY-SA 3.0
Snippets

"Milanohenge": the sun sets directly over the canal

Twice a year comes the period when the sun sets in line with the Naviglio Grande canal. Best photographed from the Ponte dello Scodellino.MilanoToday 10/16

ミラノのカシーナ・クッカーニャ
The venue, Cascina CuccagnaPhoto: Sordelli / CC BY-SA 3.0
Culture

Autumn-leaf viewing ("momijigari") in Milan

On 24 and 25 October, a Japan-themed event at Cascina Cuccagna: a Japanese market, a gyotaku (fish print) exhibition, taiko drumming workshops and more.Il Giorno 10/22

ミラノのラルゴ・アウグスト
Largo Augusto, home of the farmers' market (on a non-market day)Photo: Bramfab / CC BY-SA 4.0
Food

A Thursday-morning farmers' market behind the Duomo

At the old Verziere produce market (Largo Augusto), the city's 12th farmers' market. Every Thursday, 6:30–14:00.MilanoToday 10/15

リーパ・ディ・ポルタ・ティチネーゼ通り
The canal near Ripa di Porta Ticinese, where the bakery isPhoto: Heinz Bunse / CC BY-SA 2.0
Food

New bakery "Owen" in the Navigli

Ripa di Porta Ticinese 103. From bread and coffee to Georgian-style small plates and natural wine – it works from breakfast to aperitivo.MilanoToday 10/16

ヌテッラのピザ
Nutella pizza (illustrative image)Photo: Kidz Activities / CC BY 2.0
Seasonal

Free Nutella pizza for Halloween

On 30 October, Navigli pizzeria Otto (Corso San Gottardo 28) holds its 4th giveaway. The first edition used 10 trays; this year it will be 70.MilanoToday 10/20

暖房のラジエーター
A heating radiatorPhoto: ri / CC0
Seasonal

Heating season opens, but limited to 8 hours a day in October

Heating has been allowed since 15 October. With the mild weather continuing, until 30 October it is limited to a maximum of 8 hours between 5:00 and 23:00. Factories and offices may still feel chilly.MilanoToday 10/15

Progetti e designerArchitecture & Design↑ Contentspagina 5
着工前の音楽院「Bosco della Musica」の建設予定地(2026年4月)
The site before construction began (April 2026)Photo: Marcuscalabresus / CC BY-SA 4.0
LIVING(CORRIERE)| 10/22

Milan's new conservatory will sit 'inside a park', its concert hall clad in ceramics in seven colours

Work on Bosco della Musica, the new campus of the Conservatorio Giuseppe Verdi, began on 20 October on the former Rogoredo steelworks site. Designed by Torino-based Settanta7, it comprises four buildings and a 13,000 m² park, with completion scheduled for 2028.
トリノのラヴァッツァ本社「ヌーヴォラ」の一角
"La Centrale" at Lavazza's headquarters (Torino)AnTOn!0 (public domain)
DOMUS | 10/14

Jean Nouvel to design a new Lavazza building in Torino

The Pritzker Prize-winning architect joins the regeneration plan for the Aurora district. The plan will turn a former factory block into a mixed-use complex, with the sculptor Penone also taking part. Details have not been announced.
フロスの照明
Lighting at the Flos 50th anniversary exhibition (Milan, 2012). Not Anastassiades's workPhoto: Andrea Pavanello / CC BY-SA 3.0 it
INTERNI | 10/16

Flos adds Anastassiades's self-produced lights to its catalogue

Flos will take on as products a body of work he has made under his own brand for some 20 years. The two have worked together since 2011.
ヴェネツィア、カンナレージョ運河
Cannaregio, the district where the hotel is locatedPhoto: Didier Descouens / CC BY-SA 4.0
ARCHIPRODUCTS | 10/16

Celestino designs a boutique hotel in Venezia

The renovation took two years. The floors are seminato, a Venetian artificial stone; the walls are finished in marmorino lime plaster; the lighting was made to order with glassmakers.
ADIデザイン・ミュージアムの入口
The awards venue, ADI Design MuseumPhoto: DeLo 99 / CC BY-SA 4.0
ARCHIPRODUCTS | 10/20

InArchitettura 2026 architecture awards: Lombardia winners announced

There were 132 entries. In Milan, a facility converted from Piero Bottoni's former covered market (QT8) received a special award.
ピレリ・ハンガービコッカの外観
Pirelli HangarBicoccaPhoto: Silvana Gallio / CC BY-SA 4.0
DA VEDERE | Exhibitions still to come

A Fabro retrospective and Ingo Maurer's "Peep Show"

Fabro, "Abitare lo spazio"HangarBicocca, until 21 February 2027.
Maurer, "Peep Show"via Varese 13, 6–26 November. Not the lamps themselves, but the objects that inspired them.
Economia e IndustriaIndustry News↑ Contentspagina 6
パリ・シャンゼリゼ通りのルイ・ヴィトン旗艦店
The flagship of Louis Vuitton, LVMH's core brand (Champs-Élysées, Paris)Photo: Ank Kumar / CC BY-SA 4.0
Moda e pelletteria LVMH announcement | 12 October

LVMH July–September: Fashion & Leather Goods down 5%

The group as a whole was up 1% on an organic basis. The US, Europe and Japan held up well, but weakness in China took its toll and the core leather goods division slipped into decline.
Yasuo’s viewWhen leather goods at the big maisons slow, workshops tend to free up production capacity. It is a good moment to put forward small-lot requests.
フィレンツェのパラッツォ・スピーニ・フェローニ(フェラガモ本社)
Ferragamo headquarters in FirenzePhoto: G.dallorto / Attribution
Moda e pelletteria LA CONCERIA | 10/21

Ferragamo July–September: wholesale down 19%

Revenue was 207 million euro (−3.5% at constant exchange rates). Over nine months, footwear was +2.6% and leather goods −3.5%. Analysts see the absence of a CEO as an execution risk.
Yasuo’s viewWholesale is shrinking even at heritage houses. Brands that sell through wholesale partners should review order volumes and how they hold stock sooner rather than later.
ストラの靴博物館の展示
An exhibit at the shoe museum in Stra, in the Riviera del Brenta footwear districtPhoto: Sailko / CC BY 3.0
Moda e pelletteria LA CONCERIA | 10/12

Veneto fashion industry: luxury brands' 'insourcing' leaves subcontractors with less work

Footwear exports rose +2.2% in the first half, yet 16 companies and 380 jobs were lost in six months. The industry association says luxury brands are adding their own factories and outsourcing less.
Yasuo’s viewThe more the maisons shift production to their own factories, the more skilled independent workshops look for new clients. For mid-sized Japanese brands, the range of potential partners is widening.
アルツィニャーノの街並み
The Duomo of Arzignano, the leather townPhoto: QueenMarry / CC BY-SA 3.0
Concia e distretti LA CONCERIA | 10/16

"Data is the new leather" conference in Arzignano; a permanent digital and AI forum for the district

Discussion centred on tannery production data and the use of AI. With the Italian tanners' association (UNIC) and others on board, a permanent forum is being set up.
A district that can supply manufacturing data lot by lot will find it easier to meet future product information disclosure requirements.
丘のふもとに工場の屋根が広がるアルツィニャーノの工業地帯
Arzignano's industrial zone, home to the leather industry (illustrative image)Photo: Tomas07 / CC BY-SA 3.0
Concia e distretti LA CONCERIA | 10/15

Sicit, which reuses tanning residues, names Barrull as new CEO

The company turns by-products of the tanning process into plant-growth products for agriculture. It will prioritise growth and acquisitions in the Americas.
A system that turns tanning by-products into an industry in its own right gives you material when explaining leather's environmental credentials.
夜のフィエラミラノ・ロー会場のガラス屋根と通路
Fiera Milano Rho exhibition centrePhoto: Goldmund100 at Italian Wiki… / CC BY-SA 3.0
Design FUORISALONE.IT, ANSA | 6–8 October

Salone 2027 runs 13–18 April, with a new "Salone Contract" for large-scale projects

A new initiative aimed at large projects such as hotels and offices, with the layout planned by OMA. The lighting show Euroluce runs alongside.
Companies dealing in furniture and upholstery fabrics for hotels and public buildings will have more opportunities to meet architecture practices directly.
Monza e Brianza (furniture)+2.3% Furniture districts overall (H1)−4.9% Murgia upholstered furniture (H1)−19.5%
Furniture exports, year on year
Design PAMBIANCO DESIGN | 14 & 21 October

Furniture exports: a tale of two districts

While high-end Brianza is growing, the Murgia district in Puglia, dominated by mass-produced upholstered furniture, has fallen sharply. Natuzzi, the district's flagship leather sofa maker, also saw sales drop 23.3% in the April–June quarter.
Even within 'Italian furniture', conditions differ by price segment.
Pambianco Design · ibid. Figures from FederlegnoArredo and Intesa Sanpaolo
布の上の水滴
Water-repellent fabric (illustrative image)Photo: Juan Francisco Jiménez Orte… / CC BY 4.0
Regole UE REACH amendment | applies from 10 October

Restrictions on PFHxA (a type of PFAS) in leather and textiles for clothing and footwear now in force

Textiles, leather and fur in consumer clothing, accessories (such as handbags) and footwear containing 25 ppb or more of PFHxA and its salts combined can no longer be sold in the EU. Non-apparel uses such as furniture upholstery follow from 10 October 2027.
Anyone selling water-repellent leather goods in the EU now needs to check test reports.
積まれた木材
Timber, which remains in scope (illustrative image)Photo: Jay Pea / CC BY-SA 2.0
Regole UE EU Deforestation Regulation (EUDR)

Leather is out; timber and furniture in scope from 30 December

A delegated regulation has removed bovine hides and leather from the list of covered products (to be reviewed in 2030). Timber remains in scope.
Anyone handling wooden furniture or frames will need origin information for the timber.
シエナの街並み
Streets of SienaPhoto: sailko / CC BY 2.5
Imprese e incentivi LA CONCERIA | 10/20

Leather goods workshop in the province of Siena goes into liquidation as orders fall, closing a workplace of around 26 people

As outsourced work dries up, mid-sized workshops are struggling to hold on. When choosing a workshop, how many clients its orders are spread across is a useful guide.
Speciale · Ceramica e superficiTiles & Building Materials↑ Contentspagina 7
ボローニャ見本市会場の看板
Bologna exhibition centrePhoto: desiitaly / CC BY 2.0
SASSUOLO OGGI | 9/28

Cersaie 2026 draws 92,352 visitors: domestic down, international flat

Domestic attendance fell 3.7%, while international visitors, at 44,500, were roughly level with last year. There were 595 exhibitors (314 of them tile makers), 39% from abroad. The next edition runs from 27 September to 1 October 2027.
Yasuo’s viewWith domestic attendance falling, the shift towards selling abroad continues. It is a good time to raise new business with Japan – people are more inclined to listen.
Sassuolo Oggi Wrap-up published before the period covered
サッスオーロのガリバルディ広場
Sassuolo, the tile townPhoto: Syrio / CC BY-SA 4.0
PAMBIANCO DESIGN | 10/21

Glaze and ink maker Altadia opens a research centre in Sassuolo

Of its 2,500㎡, 1,500㎡ is a pilot production line – a place where tile makers can test new formulations and processes before introducing them in their own factories.
カッラーラの大理石の採石場
Carrara, home of real marblePhoto: William Domenichini / CC BY-SA 3.0
ARCHIPRODUCTS | 10/22

Ceramica del Conca launches marble-effect 'Marble Boutique'

19 surfaces and three finishes. The large 120×278cm format is available in every pattern.
カザルグランデの町
Casalgrande, home town of Casalgrande PadanaPhoto: Bucaramango / CC BY 3.0
CERAMICA.INFO | 10/9

Casalgrande Padana opens a base for designers in Rome

The 'Creative Centre' showroom, housed in a 1930s Rationalist building, is a meeting place for architects and designers.
Anche
in questo numero
Elsewhere in this issue
 
For tile and building materials readers

A conservatory's seven-colour ceramic façade; worktop materials compared

The conservatory on the 'Architecture & Design' page and 'Worktops: marble or ceramic' on the 'Materials & Q&A' page are also of interest to tile and building materials readers.
Speciale · Cibo e bevandeFood & Drink↑ Contentspagina 8
Tre BicchieriTokyo, 27 October
 
GAMBERO ROSSO | 10/21

Italian wine guide 'Vini d'Italia' launches its 40th-edition world tour in Tokyo

Opening on 27 October at The Ritz-Carlton, Tokyo, with 41 wineries awarded the top 'Tre Bicchieri' rating, and a tasting for trade and press (registration required). The tour will visit 24 venues in 17 countries through June 2027.
This is an announcement in the organiser's own media. Japan is positioned as the second-largest supplier country after France.
トスカーナのオリーブの収穫
Olive harvest in Toscana (illustrative image)Photo: PROPOLI87 / CC BY-SA 4.0
HORECANEWS | 10/19

Producer prices for Italian extra virgin olive oil fall to nearly half last year's level

The average producer price in September was 4.81 euro per kg, down 49.4% year on year (ISMEA). Stocks at 30 September stood at 195,044 tonnes, 46.7% higher than a year earlier. Production in 2025/26 was up 31% on the previous year.
ソースをからめたペンネ
Penne (illustrative image)Photo: Johnbrel / CC BY-SA 4.0
IL SOLE 24 ORE · ANSA | 21 October

Italy leads world pasta production at around 4.2 million tonnes, exporting around 2.46 million

Published by industry association Unione Italiana Food ahead of World Pasta Day on 25 October. Of the 17.3 million tonnes produced worldwide in 2025, Italy accounted for around 4.2 million. Exports in the first half of 2026 were up 2.7% year on year.
スグリのジャムの瓶
Redcurrant jam (illustrative image)Photo: Franz van Duns / CC BY-SA 4.0
GAMBERO ROSSO | 10/21

New EU rules raise the minimum fruit content of jam

Italy's new rules implementing the EU 'Breakfast Directive' have applied since 14 June. Minimum fruit content per kg has risen from 350g to 450g for confettura and from 450g to 500g for extra.
Anyone sourcing jams from Italy or selling them in the EU needs to check recipes and labels.
CulturaCulture↑ Contentspagina 9
モヌメンターレ墓地のブロンズの墓碑彫刻
Cimitero MonumentalePhoto: Pierre André Leclercq / CC BY-SA 4.0
CALENDARIO | 1 & 2 November

All Saints' Day and All Souls' Day

All Saints' Day (Ognissanti) on 1 November is a Catholic feast honouring all the saints, and also a national holiday. The following day, 2 November, is All Souls' Day, when families remember their dead. In Milan, too, many people take flowers to cemeteries such as the Cimitero Monumentale, with its rows of sculptures. The cemetery itself opened on 2 November 1866 – All Souls' Day.

粉砂糖と松の実をのせた焼き菓子パン・デイ・モルティ
Pan dei mortiPhoto: M&A / CC BY-SA 4.0
A TAVOLA | This month's rotation

Bread of the dead

At this time of year, Lombardia's pastry shops fill with 'pan dei morti' (bread of the dead): flat, rustic biscuits made from crushed biscuits, dried figs, pine nuts and cocoa, kneaded and baked. The name may startle, but it is a seasonal treat eaten on All Souls' Day while remembering loved ones.

Magari!Magari
 
LA PAROLA | Phrase of the week

'I hope so' / 'If only'

Ci vediamo a Natale? — Magari!
(Shall we see each other at Christmas? — I hope so!)
At the start of a sentence it can also mean 'maybe'.
ピカビアの抽象画《カウチュック》
Picabia, 'Caoutchouc', c. 1909 (not necessarily in the exhibition)Francis Picabia (public domain)
MOSTRE | Palazzo Reale

Picabia: 'Opening the doors of the night'

Palazzo Reale, until 24 January 2027. The largest retrospective ever held in Italy.
マティスの《音楽》
Matisse, 'Music', 1910 (not necessarily in the exhibition)Henri Matisse (public domain)
MOSTRE | MUDEC

Matisse: 'A world within a room'

MUDEC, until 21 February 2027. Around 100 works tracing a dialogue with non-Western art. Free entry for the first 1,000 visitors on 12 November. Mona Hatoum at Fondazione Prada runs until 9 November.
スカラ座の正面
Teatro alla ScalaPhoto: Zairon / CC BY-SA 4.0
ALL’OPERA | Teatro alla Scala

Le veau d’or est toujours debout

(The golden calf still stands)
In Gounod's 'Faust', now on stage, the devil Mephistopheles sings the 'Song of the Golden Calf', mocking humanity's grovelling before wealth. The season opens on 7 December with Verdi's 'Otello'.
MateriaMaterials & Q&A↑ Contentspagina 10
カッラーラ地方の白い大理石の表面
White marble from the Carrara areaPhoto: James St / CC BY 2.0
MATERIA | Materials compared

Worktops: marble and ceramic

Marble is a natural stone made mainly of calcium carbonate. It is relatively soft and scratches easily, and acids such as lemon, wine and vinegar dull its surface – a process known as etching. It needs periodic resealing, but it is a material whose character develops, marks and all. Large-format porcelain slabs are fired at high temperatures into dense panels with very low water absorption; they resist scratches, acids and stains, need only wiping, and barely change with age. On the other hand, edges and corners chip easily, and where the pattern is only on the surface, the exposed edge needs careful design.

It comes down to one question: what marks would you like that worktop to bear ten years from now?

Veneto (Arzignano)Cowhide. Furniture upholstery, automotive Toscana (Santa Croce)Vegetable tanning. Shoes and bags Campania (Solofra)Sheep and goat leather. Clothing
Italy's main leather-producing districts
DOMANDE | Q&A

What makes leather 'Italian'?

Even Italian leather often starts from rawhide (the skin before tanning) sourced abroad. What makes leather 'Italian' is not the rawhide but where, and with what expertise, the tanning, dyeing and finishing were done.

When choosing leather, asking separately 'Where is the rawhide from?' and 'Where was it tanned?' gets you to the point faster.

Domande?Send us your questions
 
LETTERE | From readers

Reply to this email

If there is anything you would like to know about Italy – materials, production districts, trade fairs and so on – send it to us by replying to this email. We will cover it in the Q&A in a future issue.
The Milan Weekly
Published by STUDIO ARTIPER · Yasuo Asaki (Milan)
Every Friday
Via Acacie, 1 – 20095 Cusano Milanino (MI) Italy
yasu@artiper.com | artiper.com
Questions and comments: yasu@artiper.com
Photo credits (Wikimedia Commons): Julius Barclay, “Italian protests 2026.jpg”, CC BY-SA 4.0; Dimitris Kamaras, “Milano, via Monte Napoleone (30786482986).jpg”, CC BY 2.0; Governo Italiano, “Disposizioni urgenti in materia di sicurezza pubblica, il videomessaggio del Presidente Meloni.webm”, CC BY 4.0; Trappy by en.wiki, “Turin Station Porta Nuova.jpg”, CC BY 4.0; Salvatore Migliari, “Autostrada A2 del Mediterraneo (ex A3).jpg”, CC BY 3.0; Leonhard Lenz, “Platforms of Milano Centrale 2022-09-28 03.jpg”, CC0; Jean-Christophe BENOIST, “Milan - Pinacothèque de Brera - Cour intérieure.jpg”, CC BY 3.0; Marco Assini, “Albero di Natale, Galleria Vittorio Emanuele II, piazza Duomo, Milano (4398564322).jpg”, CC BY-SA 2.0; Nemo bis, “Tramonto sul naviglio grande (01).jpg”, CC BY-SA 3.0; Sordelli, “Milano - cascina Cuccagna.jpg”, CC BY-SA 3.0; Bramfab, “Largo Augusto Milano.jpg”, CC BY-SA 4.0; Heinz Bunse, “Ripa di Porta Ticinese, Milano (37472652484).jpg”, CC BY-SA 2.0; Kidz Activities, “Nutella Pizza.jpg”, CC BY 2.0; ri, “Radiator-250558 1280.jpg”, CC0; Marcuscalabresus, “Cantiere del conservatorio Bosco della musica a Rogoredo Milano (aprile 2026).jpg”, CC BY-SA 4.0; AnTOn!0, “La Centrale Lavazza.jpg”, Public domain; Andrea Pavanello, “" 12 - ITALY - Milan - FLOS 50th Anniversary 20.jpg”, CC BY-SA 3.0 it; Didier Descouens, “Canale di Cannaregio verso nord-ovest, dal ponte dei Tre Archi.jpg”, CC BY-SA 4.0; DeLo 99, “ADI Design Museum ingresso principale.jpg”, CC BY-SA 4.0; Silvana Gallio, “Milano - HangarBicocca - Esterno.jpg”, CC BY-SA 4.0; Ank Kumar, “LOUIS VUITTON headquarters, Paris, France ( Ank Kumar, Infosys Limited ).jpg”, CC BY-SA 4.0; G.dallorto, “9779 - Firenze - Palazzo Spini Feroni - Foto Giovanni Dall'Orto, 28-Oct-2007.jpg”, Attribution; Sailko, “Genny, sandalo femminile, p-e 1994 (stra, museo della calzatura).jpg”, CC BY 3.0; QueenMarry, “Arzignano 021.jpg”, CC BY-SA 3.0; Tomas07, “Arizignano zona industriale.jpg”, CC BY-SA 3.0; Goldmund100 at Italian Wikipedia, “FieraRhoMilano3.jpg”, CC BY-SA 3.0; Juan Francisco Jiménez Ortega, “Water drops on fabric.jpg”, CC BY 4.0; Jay Pea, “Timber stack - geograph.org.uk - 8143957.jpg”, CC BY-SA 2.0; sailko, “Siena, panorama P1.jpg”, CC BY 2.5; desiitaly, “BolognaFiere Sign.jpg”, CC BY 2.0; Syrio, “Sassuolo - Piazza Garibaldi.jpg”, CC BY-SA 4.0; William Domenichini, “Carrara - Cave di marmo.JPG”, CC BY-SA 3.0; Bucaramango, “Panorama di Casalgrande, Emilia Romagna.jpg”, CC BY 3.0; PROPOLI87, “Toscana (Italy) Raccolta olive con abbacchiatore 2.jpg”, CC BY-SA 4.0; Johnbrel, “Penne rigate mars 2020.jpg”, CC BY-SA 4.0; Franz van Duns, “Home-made redcurrant jam - jars between pulp residue and stalks.jpg”, CC BY-SA 4.0; Pierre André Leclercq, “Milan Cimitero Monumentale - Monumento funebre a Isabella Airoldi Casati.jpg”, CC BY-SA 4.0; M&A, “Pan dei morti.jpg”, CC BY-SA 4.0; Francis Picabia, “Francis Picabia - Caoutchouc.jpg”, Public domain; Henri Matisse, “La Musique, par Henri Matisse (1910).jpg”, Public domain; Zairon, “Milano Teatro alla Scala Fassade 1.jpg”, CC BY-SA 4.0; James St, “Statuarietto White Marble (Apuan Marble Formation, Tertiary metamorphism of Jurassic limestones; Carrara region, Italy) 1 (41756469702).jpg”, CC BY 2.0; Ian Fisher, “ATM Carrelli (1928-30) 1960 Viale Carlo Espinasse.jpg”, CC BY-SA 2.0. All images have been cropped, resized or colour-adjusted for this page. Modified versions of CC BY-SA photos are available under the same CC BY-SA licence.
Sources for the numbers: ISTAT, Japan Ministry of Finance trade statistics, European Central Bank (ECB). Article summaries are written by Yasuo Asaki based on reports from each outlet.