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Euratex: European textile and clothing industry recovering but new challenges ahead

The European Apparel and Textile Federation (Euratex) has analysed latest economic data and confirmed further recovery of the textile and clothing industry from the corona pandemic: While the textile activity has now surpassed its pre-pandemic level from the fourth quarter of 2019 by 3.6 percent, the clothing sector still remains 11.5 percent...

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Retail

UK online clothing sales continue to slow

March marked the fifth consecutive month of single digit online sales growth in the UK, growing just 3.7 percent compared to the same month last year, according to new data. The latest IMRG Capgemini eRetail Sales Index revealed that for the first three months of the year, revenue growth for clothing stood at 2.6 percent growth, significantly...

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