Brussels, 16 September 2022 – Last month, when gas wholesale prices reached the record level of 340€/MWh[1] – triggering also sky-high electricity prices – the European textiles industry called on the European Union to adopt a wholesale price cap for gas, the revision of the merit-order principle in the electricity market, support for SMEs and…
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Brussels, 26 August 2022 – The European textile & fashion in Europe, represented by EURATEX, calls for a single European strategy to tackle this energy crisis. To safeguard the future of the industry, a revision of the electricity price mechanism is necessary and an EU wide cap on gas prices at 80€/MWh. Special company support…
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Today’s trade relations between the EU and India in textiles and clothing are characterised by a large and systemic trade deficit for the EU; annual imports from India exceed €6 bln (2021) – making it the 4th supplier – while EU exports to India reached just half a billion – the 20th place in our…
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The European social partners of the textiles, clothing, leather, and footwear (TCLF) industries agree joint demands to ensure that the textiles ecosystem can become more resilient, sustainable, and digital as set out in the EU textiles strategy. This involves tackling strategic dependencies, appropriate funding, incentives and support to help the European TCLF sectors decarbonise their…
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EURATEX’s ReHubs initiative plans to pursue fiber-to-fiber recycling for 2.5 millions of textile waste by 2030 According ReHubs Techno Economic Master Study (TES), the textile recycling industry could generate in Europe around 15,000 direct new jobs by 2030, and increase need for nearshoring and reshoring of textile manufacturing The textile recycling industry in Europe could…
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Italian textile entrepreneur, Alberto Paccanelli, has been re-elected as President of EURATEX during its General Assembly on 17 June; he will thus extend his mandate with 2 more years, until June 2024. Paccanelli is CEO of the Martinelli Ginetto Group, active in the high-end home textiles. He is also a Board member of Sistema Moda…
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EURATEX has just released its Spring report, offering a detailed insight into trade figures for the European textile and apparel industry in 2021. The numbers are encouraging: comparing with the dramatic corona-year 2020, EU exports of textile and clothing articles increased by +10.6%, while imports dipped by -7.5%. As a result, the EU trade deficit…
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Brussels, 9 May 2022 –Today, EURATEX has launched its EU-Ukraine Textile Initiative (EUTI), which aims at facilitating cooperation between European and Ukrainian textile and apparel companies. EUTI offers a single contact point for Ukrainian companies who seek support and cooperation with EU counterparts, and vice versa. That connection will be helpful to match supply and…
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Brussels, 30 March 2022 – Today the European Commission released its long-awaited Strategy for Sustainable Textile, with the ambition to move the sector towards the path of sustainability. EURATEX welcomes the EU ambitions to act on sustainable textiles and investments, in order to change how textiles are made, chosen and recovered. Many European companies have…
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Brussels 2 March 2022 – Notwithstanding the industry support to the sanctions in place against Russia, EURATEX highlights that companies are at risk of stopping their production if energy and gas prices continue to rise. The energy crisis that started at the end of last year has been worsening in the last week. Prices of…
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