2009, the Italian fashion industry to start a negative, owns, such as g star jeans Gianfranco Ferre and Malo clothing brand group IT Holding announced that due to their inability to pay off debt filed for bankruptcy protection, while data show that in 2008 the Italian fashion industry sales fell 4 percent overall, more will be expected to decline 5 percent this year. Italian Fashion Association, said the beginning of the year Mario Boselli, the Italian fashion has been facing an unprecedented situation. Of course, Dolce & Gabbana and Giorgio Armnai, such as zero-liability company, an economic crisis that they will bring enormous business opportunities, but some heavily indebted companies have to face the risk of insolvency.
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