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VDMA Textile Care, Fabric and Leather Technologies: The industry is recording very good revenues
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VDMA Textile Care, Fabric and Leather Technologies: The industry is recording very good revenues

"Sales in the Textile Care, Fabric and Leather Technologies sector rose by 11.4 percent in real terms in the months from January to August 2018 compared with the previous year," explained Elgar Straub, Managing Director of VDMA Textile Care, Fabric and Leather Technologies, at the industry meeting and general meeting of the trade association in Munich. Similarly, exports by the sector, which brings together manufacturers of sewing and garment technology, shoe and leather technology as well as laundry and dry-cleaning technology, increased by 6.2 percent in 2017 from 1.049 billion euros (2016) to 1.114 billion euros (2017). "Although times are still economically successful, many external components, such as Brexit or the trade policy of the US President, are nevertheless bringing considerable unrest to the markets," said G?nter Veit, Chairman of the VDMA Textile Care, Fabric and Leather Technologies.

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