Milan is an important commercial and industrial centre both in the E.U. and internationally.
It is the most important Italian area for the service industry, finance, fashion,
publishing and industry, the stock exchange (Borsa) and has branches of many multinational companies
The Italian city of Milan is recognized internationally as one of the world’s most important fashion capitals. … Some other important fashion capitals apart from Milan are Paris, New York and London. It is additionally recognized as the main sartorial hub in the country, with Rome and Florence being other major centers.