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Industry Talk
Urgent strategy needed for textiles and clothing
This year must be a turning point for the European textiles and clothing industry, association says.
9th April 2021
Knitting Industry
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Brussels
Euratex – the Brussels-based European textile and clothing industry association – is concerned that the Covid19 crisis may soon be followed by disruptions in global supply chains, affecting the competitiveness of the industry.
Economic data up to December 2020 reflects a dramatic contraction in both the demand and production of textile and clothing caused by the pandemic.
Over the full year 2020, EU sales of textiles fell by –9.3% and clothing sales by –17.7%, compared with 2019. The crisis was particularly severe in the middle of the year, with production losses of over 50%.
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