Camera Nazionale della Moda Italiana submits its proposals for the 2026 Budget Law to the Italian Government

The Camera Nazionale della Moda Italiana (CNMI) has published the proposals it has submitted to the Italian Government, as it does each year to coincide with the presentation of the Budget Law, designed to provide policymakers with concrete recommendations and practical solutions to support the entire Italian fashion supply chain.

 
“The fashion sector right now needs stability, vision and tools that reward those who innovate and create value in our country,” said Carlo Capasa, President of CNMI. “With these proposals to the government, the Camera Nazionale della Moda Italiana confirms its intention to work with institutions to secure for Made in Italy the future it deserves: strong, sustainable, and competitive.”

The 13 proposals set out a coherent medium- to long-term strategy to strengthen the competitiveness of Italian fashion, which currently faces numerous challenges that risk becoming entrenched.

Among the key measures, the document calls for the extension and strengthening of the tax credit for design and aesthetic development activities, together with renewed funding for Industry 4.0 digitalisation measures through the efficient reallocation of unspent resources under the Transition 5.0 Plan. On the skills front, CNMI urges incentives for the intergenerational transfer of artisanal know-how, the strengthening of corporate academies, and instruments that encourage lead companies to support manufacturing and craft businesses, which are the first to bear the brunt of the current difficulties.

On the internationalisation front, the proposals include a tax credit for exports to the US, affected by the new tariffs, and measures to support the expansion of Italian brands in Mexico and the Mercosur countries in the South American trade block. They also envisage the creation of a fund for the international dissemination of the values and image of fashion, intended to support activities promoted by CNMI, including Milan Fashion Week, which generates significant economic value and has positive effects on national tax revenues.

On sustainability and the protection of competition, CNMI proposes regulatory action to counter the expansion of ultra-fast fashion, through regulatory measures, eco-contributions, and mandatory environmental labelling. In addition, it calls for a tax credit to offset high energy costs in the first half of 2026 for companies that experience cost increases of more than 25% compared with pre-crisis levels.

Finally, the welfare and labour section calls for an update to the rules on fringe benefits, raising and stabilising them, with the aim of strengthening workers’ purchasing power and helping to improve the economic conditions of the families concerned.