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EURATEX news and archive

The European Commission proposes a price cap on wholesale gas at 275€/MWh that is disappointing for European textiles and clothing manufacturers

On Tuesday, EURATEX stated in a letter to EC President, Ursula von der Leyen, that any price cap above the level of 80€euro/MWh would not help the EU industry – the textile sector in particular – to survive the current crisis. Indeed as early as July 2021, the wholesale gas price in the EU was below 30€/MWh. Now, the EU industry is facing gas...

23 Nov 2022

Event

37th IAF World Fashion: Announcing a Keynote Speaker and Various Sponsors

The 37th IAF World Fashion Convention will start in Dhaka in 12 days in the Radisson Blu Water Garden hotel. The first day will feature the traditional IAF golf tournament, again made possible by long term IAF partner American & Efird (A&E). This day characterizes well the IAF Conventions, which are always a good mix of learning and socializing....

1 Nov 2022

Business

EURATEX & ATP Convention successfully concluded in Porto

Organised by EURATEX in partnership with the Portuguese Textile Association (ATP), the Porto Convention – Sustainability meets Competitiveness: How to Square the Circle? – took place on 13-14 October in Porto, Portugal, with nearly 250 entrepreneurs attending from all over Europe. They discussed the current challenges of the European textile...

18 Oct 2022

Business

Porto Convention Sustainability meets Competitiveness: How to Square the Circle?

On 13-14 October, EURATEX in partnership with ATP is organising the 10th European Textile & Apparel Convention in Porto, Portugal; the convention marks also the 24th Textile Industry Forum for Portugal. The Porto Convention – titled Sustainability meets Competitiveness: How to Square the Circle? – will look at how companies can anticipate the...

11 Oct 2022

Business

EURATEX response to the latest EU Energy Council decision: more ambition and joint European efforts are needed

On Friday 30 September, the EU Energy ministers approved a Council Regulation proposal to address high energy prices. The Regulation focusses on the electricity prices and electricity demand reduction, on a solidarity levy from the fossil fuel sector and a retail levy for SMEs. While these initiatives are driven by goodwill, they miss the point...

4 Oct 2022

Business

EURATEX and partners launch the new Horizon Europe innovation project on circular & sustainable textiles

Launched today, the new Horizon Europe project CISUTAC will support the transition to a circular and sustainable textile sector. As part of a consortium of 27 partners working on the project, EURATEX will work towards facilitating the Circular Economy transition. While the production and consumption of textile products continue to grow, so does...

27 Sept 2022

Business

Seizing growth opportunities in Bulgarian TCLF industries

The textile, clothing, leather and footwear (TCLF) industries employ 80,000 workers in Bulgaria. However, employment has gone down by 20% in the past four years which is a concern. Social partners discussed the challenges and opportunities of the new EU Sustainable Textiles Strategy and focused on both environmental and social sustainability....

26 Sept 2022

Fairs

Sustainability meets Competitiveness: How to Square the Circle?

The textile and clothing industry is at an historical crossroads: "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 change in consumer behaviour together...

21 Sept 2022

Retail

The European textiles industry statement on the energy package

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 a single European strategy. On...

16 Sept 2022

Business

Euratex calls for single European strategy to tackle energy crisis

The European textile and fashion industry, represented by Euratex, has called on leaders to implement a single European strategy in order to tackle the emerging energy crisis. It comes as gas and electricity prices reach “unprecedented levels” in the region, resulting in “severe” global competition and cost increases for those in the industry....

29 Aug 2022

Business

European Textile Industry Calls for Immediate Action to Tackle the Energy Crisis - the Future of the European Industry is at Stake

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 needs to be granted to avoid bankruptcy and...

26 Aug 2022

Retail

EU-India Free Trade negotiations

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 already...

4 Aug 2022