Australian cotton farmers who suffered due to the China-Australia trade spat are being hopeful with new customers in sight. Australia s cotton industry has diversified since.
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.
World merchandise trade volume growth remained strong in 2020 fourth quarter after trade rebounded in the third from a deep COVID-19 induced slump, according to the World.
The year 2020 witnessed 78 Brexit companies moving to the Netherlands, despite foreign investment in the country declining by a quarter due to the pandemic, according to.
Finland recently claimed it is leading the revolution towards sustainable materials and business models in global textile business. The country offer groundbreaking solutions.