Euratex: Sustainability meets competitiveness

Sustainability meets competitiveness

(Source: Euratex)
(Source: Euratex)

The textile and clothing industry is in the process of transformation: in order to remain a leader in the global market, it needs to develop a forward-looking business model reconciling competitiveness with sustainability. This requires a “smart” approach to legislation, the use of innovative technologies, and a changing consumer behavior, together with strong global environmental and social commitments.
On October 13-14, 2022, the Porto Convention, co-organized by the European Apparel and Textile Confederation (Euratex), Brussels/Belgium, and the Textile and Clothing Association of Portugal ATP, Vila Nova de Famalicão, will take place under the motto “Sustainability meets competitiveness - How to square the circle?” in Porto/Portugal. This is also the 10th European Textile & Apparel Convention and the 24th Textile Industry Forum. The event looks at how companies can anticipate the new European regulatory framework, embrace innovation, and develop a business model where sustainability becomes a source of competitiveness and growth.

In the current economic, social and political environment, Europe is facing many challenges: increased energy prices, unforeseen inflation and climate change, which add to the day-to-day challenges of running a business. Embracing the European Union’s commitment to a green and digital transformation, the textile industry needs to also move towards a new circular economy where recycling is at the core of the design process supported by digitalization, innovation and new skills, and creativity. The conference will address explore solutions to turn quality and sustainability into a source of competitiveness.

The Porto Convention, an important event at European level for the textile and apparel sector, will see representatives of national and European institutions, leading experts from the industry and like-minded entrepreneurs come together to discuss ideas, share experiences and find solutions to face common challenges. On the opening day, October 13, will see the intervention of a keynote speech by Pedro Siza Vieira, Former Minister for the Economy and Digital Transition of Portugal, and 2 CEOs panels addressing the themes of communicating and financing sustainability.

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