diff --git a/CHANGELOG.md b/CHANGELOG.md
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,7 @@
+5.23.1
+  - Fixed a bug where italics did not combine properly with other
+    display modes (#155, thanks Eric Mertens)
+
 5.23
   - Added support for italicized output when terminfo supports it. This
     takes the form of a new Style, "italic". Note that most terminfo
diff --git a/src/Graphics/Vty/Attributes.hs b/src/Graphics/Vty/Attributes.hs
--- a/src/Graphics/Vty/Attributes.hs
+++ b/src/Graphics/Vty/Attributes.hs
@@ -175,7 +175,7 @@
 -- if the style attribute should not be applied.
 type Style = Word8
 
--- | The 6 possible style attributes:
+-- | The 7 possible style attributes:
 --
 --      * standout
 --
@@ -196,7 +196,7 @@
 standout, underline, reverseVideo, blink, dim, bold, italic :: Style
 standout        = 0x01
 underline       = 0x02
-reverseVideo   = 0x04
+reverseVideo    = 0x04
 blink           = 0x08
 dim             = 0x10
 bold            = 0x20
diff --git a/src/Graphics/Vty/Output/TerminfoBased.hs b/src/Graphics/Vty/Output/TerminfoBased.hs
--- a/src/Graphics/Vty/Output/TerminfoBased.hs
+++ b/src/Graphics/Vty/Output/TerminfoBased.hs
@@ -315,7 +315,7 @@
 -- Note that this optimizes for fewer state changes followed by fewer
 -- bytes.
 terminfoWriteSetAttr :: DisplayContext -> TerminfoCaps -> Bool -> FixedAttr -> Attr -> DisplayAttrDiff -> Write
-terminfoWriteSetAttr dc terminfoCaps urlsEnabled prevAttr reqAttr diffs = do
+terminfoWriteSetAttr dc terminfoCaps urlsEnabled prevAttr reqAttr diffs =
     urlAttrs urlsEnabled `mappend` case (foreColorDiff diffs == ColorToDefault) || (backColorDiff diffs == ColorToDefault) of
         -- The only way to reset either color, portably, to the default
         -- is to use either the set state capability or the set default
@@ -336,8 +336,8 @@
                                                          $ terminfoCaps
                                                )
                                                (sgrArgsForState state)
-                                  `mappend`
-                                  setColors
+                                  `mappend` setItalics
+                                  `mappend` setColors
         -- Otherwise the display colors are not changing or changing
         -- between two non-default points.
         False -> do
@@ -363,6 +363,7 @@
                                                          $ displayAttrCaps terminfoCaps
                                                )
                                                (sgrArgsForState state)
+                                  `mappend` setItalics
                                   `mappend` setColors
     where
         urlAttrs True = writeURLEscapes (urlDiff diffs)
@@ -371,6 +372,15 @@
                         False -> ansiColorIndex
                         True -> altColorIndex
         attr = fixDisplayAttr prevAttr reqAttr
+
+        -- italics can't be set via SGR, so here we manually
+        -- apply the enter and exit sequences as needed after
+        -- changing the SGR
+        setItalics
+          | hasStyle (fixedStyle attr) italic
+          , Just sitm <- enterItalic (displayAttrCaps terminfoCaps)
+          = writeCapExpr sitm []
+          | otherwise = mempty
         setColors =
             (case fixedForeColor attr of
                 Just c -> writeCapExpr (setForeColor terminfoCaps)
@@ -449,7 +459,6 @@
 sgrArgsForState attrState = map (\b -> if b then 1 else 0)
     [ applyStandout attrState
     , applyUnderline attrState
-    , applyItalic attrState
     , applyReverseVideo attrState
     , applyBlink attrState
     , applyDim attrState
@@ -521,7 +530,7 @@
     , applyIfRequired ApplyReverseVideo reverseVideo
     , applyIfRequired ApplyBlink blink
     , applyIfRequired ApplyDim dim
-    , applyIfRequired ApplyBlink bold
+    , applyIfRequired ApplyBold bold
     ]
     where
         applyIfRequired op flag
diff --git a/vty.cabal b/vty.cabal
--- a/vty.cabal
+++ b/vty.cabal
@@ -1,5 +1,5 @@
 name:                vty
-version:             5.23
+version:             5.23.1
 license:             BSD3
 license-file:        LICENSE
 author:              AUTHORS