COVID-19 outbreak may cause a 50% drop in sales and production for the European textile and clothing sector
Brussels, 2 April 2020 – Recent Eurostat data show that the European textile and clothing manufacturing went through a difficult year in 2019, despite good retail sales and export performances. This trend will worsen in 2020 due to the coronavirus outbreak. An ongoing EURATEX poll with its members shows that 80% of companies are already…
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