Industry, commerce, and services
Thousands of Florentines work in industrial suburbs, where they are engaged in the production of furniture, rubber goods, chemicals, and food. Yet the city lives primarily from
tourism
and the money brought in by foreign (mainly American) students. Traditional handicrafts?glassware and ceramics,
wrought iron
, leatherwork, wares of
precious
metals, art reproductions, and the like?are still of some importance, along with some high-fashion clothing and shoe production. Key fashion companies operating in the city include Gucci and Ferragamo. Florence hosts numerous fairs throughout the year, including an international antiques fair, international fashion shows, and countless artisans’ exhibits. For a long period after
World War II
, Florence was Italy’s fashion capital, holding an annual show at the Pitti Palace. In the 1970s, however,
Milan
began to dominate the fashion sector.
Commercial and cultural interests blend in the city’s offerings of festivals of music, opera, and the
visual arts
. In particular, the annual Maggio Musicale (“Musical May”) festival attracts visitors from far beyond the city. Of special appeal are the traditional festivals, many of them resplendent with the trappings of
medieval
pageantry and procession. Among the more famous ones are the celebrations in honour of the city’s
patron saint
,
St. John the Baptist
. Visitors can watch the fireworks on June 24 (St. John’s Day) or attend the “football game” staged in 16th-century costumes in the
Boboli Gardens
during
St. John’s
Week.
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Craftwork is sold throughout the city, but several traditional marketplaces still exist. The vendors of straw objects?from tiny figurines to full-sized dresses?have their stalls in the Loggia of the Mercato Nuovo (New Market; built 1547?51). Goldsmiths, silversmiths, and jewelers are concentrated on the
Ponte Vecchio
, one of the world’s most famous bridges and the symbol of Florence. They opened for business there in the 16th century, when Grand Duke
Ferdinand I
deemed it inelegant for butcher shops to line the bridge as they had for the previous 200 years. He ordered
practitioners
of the “vile arts” to give way to workers in precious metals. The new occupants eventually enlarged their shops by building outward over the water, propping their three-story additions on brackets from the bridge. The back elevations of these extensions give the bridge its picturesque air. Above the shops a covered passage was constructed in 1564?65 to connect
Cosimo I’s
palace (the Pitti Palace) on the left bank with the newly erected government offices (the Uffizi) on the right bank.
Artisans who fashion the gold, silver, jewelry, straw,
intarsia
(inlaid woodwork designs), leather goods, glass,
pottery
, and
embroidery
complain of being squeezed out of existence by the pressures of modern economic life. These
artisans
, however, can still be seen through the open doors of their workrooms, engaged in the tasks and poised in the attitudes shown in the carvings on the 15th-century facade of the guildsmen’s church, Orsanmichele.
Traditional heavy industry is still important in the area. Major employers include Nuovo Pignone (now part of the U.S.-based
General Electric Company
), maker of steam turbines and compressors, and Piaggio & C.s.p.a. (located in and around Pisa, 50 miles [80 km] to the west), maker of the famous Vespa scooter. The city is now part of a huge industrial district running northwest to
Prato
and Pistoia. This zone, with its small businesses and quality export production, was one of the centres of the prosperous “third Italy” of the 1990s, rivaling similar zones in
Emilia-Romagna
and Veneto in employment and profits. Hundreds of thousands of former sharecroppers from rural areas of
Tuscany
became small businessmen in a single generation, avoiding the trauma of “normal” rapid industrialization. However, the
environment
suffered, as the beautiful Tuscan countryside was slowly urbanized and motor vehicle traffic threatened to suffocate not just the city but the entire region.