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EU should speed up recovery of textile sector: EURATEX

Fibre2Fashion Toggle navigation 23 The textile and clothing industry in Europe was hardly hit by the pandemic in 2020. Now, it is time for the European Commission and its Member States to set the conditions for future competitiveness and resilience of industrial base, particularly the textile and clothing industry, EURATEX, the voice of the European textile and clothing industry, has said. The textile and clothing (T&C) industry is a pillar of Europe with its savoir-faire and excellence, counting 160,000 companies (mainly SMEs), employing 1,500,000 people, generating €162,000 billion. 38 per cent of such industry’s turnover is sold on global markets, whereby SMEs cover more than 50 per cent of those global sales, EURATEX said on the occasion of EU Industry Days.

Euratex calls for EU to speed up textiles recovery

Euratex calls for EU to speed up textiles recovery Euratex says that if the European Commission and Member States do not want to lose this asset, then they should take a series of measures. 23rd February 2021 The textiles and clothing industry was badly hit by the pandemic in 2020 and it is time for the European Commission and Member States to set the conditions for future competitiveness and resilience, says Euratex, ‘the voice of the European textile and clothing industry’. On the occasion of EU Industry Days, Euratex asks the European Commission and Member States to set the right conditions for the competitiveness and resilience of its industrial base, in particular the textiles and clothing (T&C) industry.

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