Euratex: New EU strategy for textiles and clo...

New EU strategy for textiles and clothing

(Source: Euratex)
(Source: Euratex)

The EU Textiles and Clothing (T&C) industry currently includes 160,000 companies (of which 99% are SMEs), employing 1.5 million people and generating a turnover of €162 billion. The sector covers a long supply chain: from fibers into yarns, into fabrics and into final products. Covid-19 has shaken the foundations of the textile, apparel and fashion industries.

Against this background, a dedicated “EU Sustainable Textiles Strategy” is to be published by the European Commission before the end of 2021, and a “transition pathway” will be developed for the textiles sector, as one of the 14 critical ecosystems of the EU’s new Industrial Strategy.

The current context offers an opportunity to shape a new European framework for the T&C industry. The European Apparel and Textile Confederation (Euratex), Brussels/Belgium, wants to contribute actively to this process to develop a forward-looking business model. In a position paper, Euratex lays out its aims for the industry: to be a global leader on sustainable textiles; to strengthen the efficiency of the European T&C industry; and to increase global market share.

Euratex has published a position paper and proposes a textile alliance that will assess policy impact in textiles and avoid contradicting actions resulting from different policy areas.

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