EFA news and archive

New rules ahead: European fashion gears up for regulatory shifts

Facing a wave of new rules by the European Union, the bloc’s fashion industry is gearing up to address its concerns. The next months will be crucial as legislators are starting to flesh out a set of green rules. In July, Ursula von der Leyen was re-elected as the President of the EU Commission. In her second term, the EU plans to implement a set...

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EFA Summit: 19th&20th of October 2022 in Las Palmas

Supported by the Cabildo de Gran Canaria the European Fashion Alliance kindly invites its members to the first edition of its annual summit during Gran Canaria Swim Week. The EFA's ambition is to define first actions that will be taken in fulfilling the mutual vision & mission in developing a better and sustainable fashion future. The conference...

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Nextil achieves positive EBITDA despite drop in revenues

Nextil, owner of brands such as Treiss, EFA, Ritex, SICI93, Playvest, Anna Llop and Dogi, managed to maintain a positive EBITDA of 0.6 million euros in the first nine months of the year, despite the fall in sales owing to the lack of commercial activity in key markets, such as Italy or Asia, due to the Covid-19. The company said in a statement...

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Nextil manages to maintain positive EBITDA in H1

Nextil, owner of brands such as Treiss, EFA, Ritex, SICI93, Playvest, Anna Llop and Dogi managed to maintain a positive EBITDA of 1.4 million euros in the first half of the year, despite much of the commercial activity has been paralyzed since February in some markets, such as Italy or Asia, due to the Covid-19 pandemic. The company said in a...

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Business

Nextil posts 13.8 percent drop in Q1 turnover

European textile industry player Nextil, owner of brands such as Treiss, EFA, Ritex, Sici93, Playvest, Anna Llop and Dogi, said that its EBITDA reached 1 million euros in the first quarter, a decrease of 0.5 million euros compared to the same period last year, despite much of the commercial activity has stopped since February in some markets,...