Tag: Euratex

2021 must be a turning point for the European Textiles and Clothing Industry
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2021 must be a turning point for the European Textiles and Clothing Industry

On the occasion of releasing its Quarterly Economic Update, EURATEX is concerned that the Covid19 crisis may soon be followed by disruptions in the textiles and clothing global supply chains, affecting the competitiveness of the industry.

A complete recovery in Clothing and Textile sectors is still uncertain, despite some positive signals
Business news

A complete recovery in Clothing and Textile sectors is still uncertain, despite some positive signals

Data of the third quarter of 2020 show a partial recovery compared to the second quarter. Nevertheless, production is still negative, and signs of a full recovery are yet to be seen. EURATEX is calling the EU for an active engagement in crucial area like circular economy, digitisation and level playing field.

Euratex calls for a modern and competitive Textiles and Clothing industry
Business news

Euratex calls for a modern and competitive Textiles and Clothing industry

EURATEX announced today, that latest data suggest a situation worse than 2009 as turnover fell by nearly 25% in the textiles industry, and by 35% in the clothing sector. On the other hand, imported textile products from China increased sharply. EURATEX asks the European Union to quickly implement what has been promised and develop a resilient industry.

Euratex presented the strategy for the future of the European textile and clothing industry
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Euratex presented the strategy for the future of the European textile and clothing industry

EURATEX plans to transform the crisis into an opportunity and become more digital, sustainable and agile. Endorsed by the last General Assembly, the renewal will be driven by the “strategy for recovery from the COVID-19 era” together with five flagship initiatives in critical areas. To guide the European textile and clothing industry towards its renaissance, the GA re-elected Alberto Paccanelli as President.

Recovery strategy for textiles and apparel industry
Business news

Recovery strategy for textiles and apparel industry

The European textiles and clothing sector needs urgent support in order to remain a strategic pillar of the European economy, wrote Euratex.

EURATEX offers proposals to the EU Circular Economy Action Plan
Business news

EURATEX offers proposals to the EU Circular Economy Action Plan

The European textiles and clothing sector cares about circularity of its products. The industry is re-inventing itself to offer solutions that are workable and make a sustainable impact.

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