Business news
‘The Status of European Fashion’ conference of the European Fashion Alliance shaped the future of European fashion
On March 5th, the European Fashion Alliance (EFA) held its first conference ‘The Status of European Fashion’, in Brussels, Belgium. The event brought together industry leaders, policymakers, and stakeholders who discussed crucial topics shaping the future of European fashion. In preparation for the conference, EFA conducted a comprehensive Europe-wide survey on the impending sustainability legislation affecting the fashion industry, which results and recommendations will be published until end of April. The survey aimed to assess the current state of the European fashion landscape and identify significant challenges and opportunities in anticipation of impending regulatory changes. First learnings were presented to the audience.
Financial Planning for Fashion Entrepreneurs
Launching and running a fashion business is thrilling, fueled by creativity, passion, and a deep understanding of style trends. However, beyond the glamour of the runway lies a critical component that can make or break the dreams of aspiring fashion entrepreneurs – financial planning.
CLOTH consortium released a guideline of lessons learned and recommendations to Fashion clusters and SMEs
What are the main challenges of the fashion sector? How can European Union (EU) SMEs face them? These are the questions the CLOTH partnership answered thanks to its results achieved and lessons learned during the last two years of the project implementation.
Textile & Fashion Forum Helsinki 2023 in pursuit of a sustainable and resilient future
The Textile & Fashion Forum Helsinki 2023 was jointly organized by Finnish Textile & Fashion and EURATEX. It highlights the discourse on sustainable practices within the textile and fashion industry. This two-day event, scheduled for 26-27 October at the unique Little Finlandia event center in Helsinki, will also include a day of curated company visits.
Introducing White Label World Expo and eCom Business Live
White Label World Expo has refreshed brand identity. Over the last few months they have worked hard behind the scenes into creating a new image that would reflect our purpose of the show.
New Fiber Integrity Protocol for the Textile Industry will be Developed with FibreTrace
SGS and FibreTrace®, a digital and physical traceability provider in traceable fiber technology, have joined forces to develop a new Fiber Integrity Protocol for the textile industry. The partnership will support brands worldwide to strengthen confidence in product claims made across a range of materials through the integration of traceability technologies, such as FibreTrace.
MAS Holdings invests in a sustainable alternative to synthetics
MAS Holdings, which is a global apparel & textile manufacturing and tech conglomerate, headquartered in Sri Lanka with a global footprint across 16 countries, secures a stake in HeiQ AeoniQ™ as part of its Plan for Change initiative to support the development of next-generation cellulosic filament fibers to replace polyester and nylon.
European Fashion Alliance held its first political fashion round table in Brussels
The European Fashion Alliance (EFA) held its first political fashion round table in Brussels to announce a European wide industry survey which will result in a report on the status of European fashion. The report and positioning of the European fashion industry on sustainability and policy framework will be presented during EFA's conference in Brussels end of 2023.
European textile industry increasingly exposed to global pressure according to Euratex
European textile industry is exposed to global pressures more than ever before; policy makers need to consider that global dimension.
CLOTH project presents its fashion platform
CLOTH Project, the european alliance which brings together individuals, companies and clusters working on the transformation of the fashion sector towards sustainability and digital is announcing the launch of its fashion platform, avalable at https://fashion.clothproject.eu
Pure London 12-14 February 2023 - NEW NOBLENESS THEME
Pure London, the UK’s leading trade fashion buying event will be taking place from the 12th-14th February 2023 at the iconic Olympia London. The UK’s most exciting global showcase for womenswear, accessories, footwear, and jewellery brands, has announced its latest campaign New Nobleness created in collaboration with its trend agency partner Promostyl.
CLOTH project organised its latest ClusterXchange at ECOMONDO
Between 8th and 11th November, CLOTH project organised its latest ClusterXchange in Rimini, Italy. With a programme organised around ECOMONDO fair, the clusterxchange focussed on two main axes: learning on circular economy in Italy and in the Mediterranean region; meeting companies from around Europe.
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.
European Fashion Alliance was created by 25 European fashion institutions in Frankfurt
The first real transnational European Fashion Alliance of European fashion councils and institutions is founded by 25 European fashion organizations aiming to empower a prosperous, sustainable and inclusive European fashion ecosystem. During a two-day summit in Frankfurt at the end of March 2022, Fashion Council Germany brought together the most leading European fashion organisations to form a coalition of change, with the support of Messe Frankfurt and its global Texpertise Network.
Slavi Presented First Prototype Of Innovative Crypto ATM And Got 5 Awards Including“I Success International Awards” From Forbes Monaco
Slavi Finance launched their innovative crypto ATM at the “High End Congress of Economic Diplomacy” in Monaco and was highlighted by “I Success International Awards” from Forbes Monaco. Worldwide celebrities and billionaires, as well as local personalities, were on hand for the ceremony, which recognizes outstanding work of innovative, imaginative and visionary entrepreneurs in crypto industry.
Global Community of Designers, Fashion Enthusiasts Thriving on FashWire
The most talked about fashion hotspot today is not the runways of Paris or Milan, it’s the virtual fashion world of FashWire. Over 400 contemporary brands from all over the world are part of the FashWire community, using the app as a discovery platform and market research tool. By swiping left or right, consumers deliver instant feedback to brands about what products they would be most likely to purchase and find the most appealing. FashWire’s mobile experience gamifies the feedback loop directly to designers. Consumers are also able to discover new brands, shop the latest fashion trends and upload their style inspirations with the app’s social integration tools such as liking, posting, swiping and sharing.
Get Free Shoptalk Europe Tickets & Up To £500 Travel/Hotel Reimbursement
Shoptalk is the world`s largest community of retail changemakers. Founded in 2016, it quickly became America`s largest retail innovation show in just three years and is now widely accepted as the global home for retail innovators.
High energy costs undermine crucial transformation of the textile and clothing industry
The current energy crisis is impacting on the competitiveness of the European textile and clothing industry. Because there are limited alternatives to the use of gas in different parts of the production process, production costs increase sharply. EURATEX asks the European Commission and Member States to urgently support the industry to avoid company closures. At the same time, we need a long term vision to move towards climate neutrality, while keeping the T&C industry internationally competitive.
GALACTICA second call for proposals is now open with 1.64 M€ to support new value chains of European innovative SMEs
The vouchers are addressed to EU and UK SMEs and start-ups with innovative solutions that could be part of cross border or cross-sectoral value chains in textile, advanced manufacturing and aerospace sectors.
European cooperation for the production of oxide ceramic fibers
The German Institutes of Textile and Fiber Research Denkendorf (DITF) have signed an agreement with Saint-Gobain Ceramics (France) on cooperation and joint development in the field of metal oxide ceramic fibers.
118 organisations signed today the Textile Clothing Leather Footwear (TCLF) Pact for Skills
118 organisations signed today the Textile Clothing Leather Footwear (TCLF) Pact for Skills, an initiative promoted by the European Commission and coordinated by EURATEX. The signatories acknowledge the skills challenge in the textiles ecosystem, and commit to invest in reskilling and upskilling workers, integrating green and digital skills and improving the attractiveness of the sector. Members of the Pact will benefit from networking, guidance and resources offered by the EC to implement the targets which are proposed in the Pact.
EURATEX economic survey: European Textiles and Clothing industry coming out of the Covid19-crisis
Latest economic data on the European textile and clothing industry confirm further recovery from the corona pandemicm announced EURATEX - the voice of the European textile and clothing industry. This recovery may however be disrupted by the current supply chain and energy problems.
Fashion sector is not the only one dealing with modern slavery
While the fast-paced and price-driven nature of the fashion industry makes it an obvious choice for being named the worst culprit in terms of modern slavery and forced labour, leading data and analytics company GlobalData notes that this is not the case.
International experts have discussed the future of modest fashion at Kazansummit
Modest Fashion Day took place in Kazan during the 12th International Economic Summit “Russia – Islamic world: KazanSummit powered by Russian Fashion Council. The first part of Modest Fashion Day was the business program – 16 international experts talked about development and prospects of modest fashion as well as support means for gifted designers. The second part of Modest Fashion Day showcased designers VALENTIN YUDASHKIN, IGORGULYAEV, Measure, Guzelem, SAHARA, ZUHAT, Su.Su, Alsu Gilmi, and Eva Graffova, who presented their modest fashion collections to the public. The event took place at Kazan Expo international exhibition center. The global program of Modest Fashion Day got almost 300 thousand views. Streams from the event are still available in Russian Fashion Council’s official group in VK, the largest social media of Russia and CIS.
Join the online conference: "Circular Economy: sustainability and new jobs for the textile industry"
On 27th May 2021, the EU COSME project CirCoAX by CircularInnoBooster will be presented at the conference “Circular Economy: sustainability and new jobs for the textile industry”. This is a Partner Event at The Green Week #EUGreenWeek - Europe’s largest annual environmental policy conference. This year it will be held from May 31 to June 4, under the main theme of “Zero Pollution”.
GALACTICA first call for proposals to support new value chains by European innovative SMEs
GALACTICA, which aims to demonstrate the viability of new industrial value chains regarding the textile and aerospace sectors based on advanced manufacturing across the EU, launched the first Call for proposals, with a total budget of 1.2 M€ to support European SMEs. The Call for proposals is addressed to the European SMEs and start-ups that plan to develop innovative solutions that could be part of cross-sectoral and cross-border value chains with two different funding lines.
5 members of AEI Téxtils presented in the CLAMTEX Virtual Marketplace with over 180 participants
More than 180 participants registered to the CLAMTEX Virtual Marketplace: Towards industry 4.0 in the textile industry organized between January 20th and February 24th with a total of 6 webinars and 6 matchmaking sessions.
Internationalization Strategies for Sustainable Fashion and Textile Brands at Circular City Week New York
Get to know the European project FASCINATE that has the aim to support the internationalization of European textile and fashion SME’s working towards the development of circularity and sustainability.
EU should speed up the recovery of the textile sector
The textile and clothing industry was hardly hit by the pandemic in 2020. It is time for the European Commission and Member States to set the conditions for future competitiveness and resilience, announced EURATEX.
CLAMTEX Virtual Marketplace and workshops: Towards Industry 4.0 in the textile industry
Industry 4.0 is the future of manufacturing, also for the textile industry. The European Cluster Strategic Partnership for Excellence, CLAMTEX - Cluster management towards excellence in Advanced Manufacturing and Textile Industry, is organizing a 6-week interactive virtual workshops to promote the uptake of Industry 4.0 in the textile sector.
Pitti Uomo will be held at the Fortezza da Basso in Florence from 21-23 February 2021
Pitti Immagine begins to reveal the events and special projects for the next edition of Pitti Uomo, which will physically be held at the Fortezza da Basso in Florence from 21-23 February 2021. Until then, the fair will kick off - in a digital format - on January 12th on Pitti Connect, the platform launched by Pitti Immagine this past summer to support exhibiting companies in the presentation of their collections and in the generation of business contacts with international buyers.
A complete recovery in Clothing and Textile sectors is still uncertain, despite some positive signals
Data of the third quarter of 2020 show a partial recovery compared to the second quarter. Nevertheless, production is still negative, and signs of a full recovery are yet to be seen. EURATEX is calling the EU for an active engagement in crucial area like circular economy, digitisation and level playing field.
International Fashion Futurum forum: Experts from 24 countries discussed the future of fashion
International Fashion Futurum Forum took place on December 11 and discussed "What is the future of independent fashion brands in post-COVID reality: cultural codes and business opportunities." The Forum was attended by 74 speakers from 24 countries.
New study shows that managers are more positive now about flexible working and staff working from home
A new study undertaken jointly by the Equal Parenting Project at the University of Birmingham and the Work Autonomy, Flexibility and Work-Life Balance at the University of Kent shows that managers are much more positive about their staff working from home and working flexibly since lockdown.
AEI Téxtils participated in the European Cluster Conference 2020
AEI Téxtils, the Catalan technical textiles’ cluster, has participated in the European Cluster Conference 2020. The conference was held on November 10th and 11th and was organized by the European Cluster Collaboration platform (ECCP), the European Commission and the German Presidency of the European Union.
Support for female garment workers is crucial
Female garment factory workers are among those hardest hit by the global COVID-19 pandemic. That's why new initiatives to close the gender gap are a step in the right direction, writes GlobalData, a leading data and analytics company.
First virtual European Cluster Conference 2020 discussing priorities for cluster policies and developments
The first fully virtual European Cluster Conference has started today, 10 November 2020 and it will continue on 11 November 2020. The conference is organized by the European Commission's Directorate-General for Internal Market, Industry, Entrepreneurship and SMEs together with the German Federal Ministry for Economic Affairs and Energy under the German Presidency of the Council of the EU.
Fashion retailer Gap will close all company-owned stores in Europe
Gap is reportedly considering closing all company-owned stores in Europe. Uninspiring product ranges and heavy discounting leave Gap irrelevant in European market, says GlobalData.
h+h cologne with an extensive safety concept
Bigger, in a new hall, with an extensive safety concept: h+h cologne is ensuring a safe stay at the trade fair with its package of measures entitled “#B-SAFE4business”.
Euratex calls for a modern and competitive Textiles and Clothing industry
EURATEX announced today, that latest data suggest a situation worse than 2009 as turnover fell by nearly 25% in the textiles industry, and by 35% in the clothing sector. On the other hand, imported textile products from China increased sharply. EURATEX asks the European Union to quickly implement what has been promised and develop a resilient industry.
Invitation-only Ambassadors Club launched in Dubai
An exclusive invitation-only lifestyle and business club, has debuted in Dubai - The Ambassadors Club. It is founded by H.H. Count Oliver of Wumbrand-Stuppach of the imperial family of Austria. The Ambassadors Club combines lifestyle benefits with those of a business network - creating a platform for members to explore new opportunities and collaborations while enjoying exceptional experiences.
Premiére Vision Paris cancels the physical edition of its show and reinforces digital show
Throughout the past few months Premiére Vision was organizing the September edition of Premiére Vision Paris, to support the fashion industry in the face of the unprecedented Coronavirus crisis, while guaranteeing all the requisite health and safety conditions. Encouraged by the indications of an improved health situation, and by the opening up of Europe after the lockdown, as well as by an increase in visitor pre-registrations in recent weeks, Premiére Vision had initially opted to maintain the physical edition of its Paris show this 15 and 16 September.
Intelligent tablecloths
Current hygiene regulations all over the world require restaurant operators to ensure sufficient distance between guests. Intelligent tablecloths could soon help with this often complicated seating management. In addition, with the help of sensor technology, restaurant visitors could place their orders directly into the fabric without contact with the waiter and even use play functions after the meal. The German Institutes of Textile and Fiber Research Denkendorf (DITF) are conducting research on tablecloths that are not only smart but also feel like textiles and can be used despite having built-in sensors.
How to Establish Yourself as a Professional Online
If you want to make sure that you are able to stand out as the professional you truly are, then you need to do a lot of work. You need to make sure that your online presence is everything that it can be, and you need to work on your LinkedIn bio too. If you want to find out more about that then take a look below.
Euratex presented the strategy for the future of the European textile and clothing industry
EURATEX plans to transform the crisis into an opportunity and become more digital, sustainable and agile. Endorsed by the last General Assembly, the renewal will be driven by the “strategy for recovery from the COVID-19 era” together with five flagship initiatives in critical areas. To guide the European textile and clothing industry towards its renaissance, the GA re-elected Alberto Paccanelli as President.
Munich Fabric Start and Bluezone will take place from 1 – 3 September 2020
Good news for the fashion industry - the next MUNICH FABRIC START Autumn/Winter 2021/2022 will take place as planned from 1 – 3 September 2020 in Munich, Germany! After months of trade fair and event cancellations, the organizers of the International Fabric Trade Fair are very pleased to be able to confirm this officially.
Texcare International trade fair will be postponed to 27 November - 1 December 2021
The leading international trade fair Texcare International is being postponed to 2021. "VDMA Textile Care, Fabric and Leather Technologies supports Messe Frankfurt's decision. In view of the current circumstances caused by the COVID-19 crisis, we consider it right to postpone Texcare International to November 2021", says VDMA TFL Managing Director Elgar Straub.
Reopening clothing factories across the globe must proceed slowly
Reopening clothing factories across the globe must proceed with caution and receive the necessary support to do so safely, writes GlobalData, a leading data and analytics company. There is also massive financial pressure on factories to reopen after being hit by a flood of abandoned orders from their retail and brand customers, along with cancelled or deferred payments.
H&M will close permanently eight shops in Italy
Sweden's H&M will permanently close eight of its stores in Italy, including two in the country's fashion capital Milan. The decision is partly due to the ‘economic sustainability’ of the retail locations, according to a company spokesperson.
Why Neiman Marcus could file for bankruptcy very soon
Neiman Marcus Group is preparing a bankruptcy-protection filing and could become the first major US department store to fall victim to the economic climate caused by COVID-19. This will most probably happen this week, according to a person, who is close to the situation.