Milan Men’s Fashion Week will run January 16-20, 2026, featuring 76 events including Prada, Brunello Cucinelli, Tod’s, and Salvatore Ferragamo. Ralph Lauren returns after 20 years. The Italian fashion industry reported a 3% revenue decline in 2025 to 92.9 billion euros ($100.4 billion), with exports falling 4% to 87.4 billion euros ($94.4 billion). Exports to China dropped 19.8%. The sector anticipates stabilization in 2026.