European Textile Industry Faces Third Year of Decline, Calls for Policy Action

The European textile industry experienced a third consecutive year of decline in 2025, with production, turnover, and employment all falling. Euratex, the industry body, attributes the downturn to weak demand, low-cost imports, and high energy costs, and has called for faster policy action to address these challenges.

By Jangoulun Singsit Mon, April 20, 2026 at 2:32 PM GMT+3 2 min read · Yahoo Finance ·

European Textile Industry Faces Third Year of Decline, Calls for Policy Action

Topics: economic decline employment issues EU policy production decline textile industry

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