European Textile Industry Relies On The Consumer Centered Future

2011/7/4 11:21:00 71

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European Textile Industry Financial Turmoil Economic Environment

European apparel and Textile Association (European Apparel and Textile Confederation, Euratex), said the European textile and

Garment industry

The future relationship with retailing depends on the community recognition of consumer demand.

Euratex President Alberto Paccanelli revealed at the annual meeting held in early June that the relationship between buyers and suppliers is based on mutual understanding of increasingly subtle and intangible consumer needs and how to provide services.

He also said that the annual growth rate of the European textile and garment industry will be better than that in 2008 and 2009.

Paccanelli President explained that the European textile and garment industry is positively reflecting improvement.

economic environment

The turnover amounted to 172 billion euros ($249 billion), up 4.2% from last year, but it has not yet been restored.

financial crisis

Previous standards.

Euratex said that the European market now has more than 127000 textile and garment enterprises, employing 1 million 900 thousand people.