Home / Knowledge / News / Textiles / Need to improve relations of power & service strategies, EURATEX
Need to improve relations of power & service strategies, EURATEX
15
Jun '11
On the 9th June 2011 the EURATEX President, Mr. Alberto Paccanelli, in welcoming the numerous participants to the public part of the EURATEX Annual General Assembly stated that:”The textile and clothing industry registered in 2010 a far better year compared to 2008 and 2009.

“The industry reacted positively to the somewhat better economic environment allowing to reach a turnover of € 172 billions (+4,2%) a level still below the pre-crisis ones but announcing a growing confidence into the future as the industry registered more than € 5 billion of investment in machinery (+11%) to which we should add all the intangible investments done by the companies to better services their markets, be them industrial, home or fashion.

“In the market the dynamism of the more than 127.000 T&C companies, still employing over 1,9 million workers within the EU-27 boundaries, is materialised by innovative approaches offering flexible solutions to solve the societal challenges we are faced with. EURATEX will continue to act strongly to support the industry competitiveness in ensuring the best possible framework both within the EU-27 and abroad”.

He continued in welcoming the participants to the panel on the “The future relations between Textile & Clothing industry and retail” stressing the importance of a broad discussion on the current and future developments in retail and assess how the relationships within the chain might evolve.

In her opening keynote speech, Mrs Dorothea ERN-STOCKUM (Managing Director, Kurt Salmon) highlighted how the consumers needs, the blurring frontier between brands and retailers and the new e-channels has/is and will influence the way of the T&C pipeline is working. She outlined how the supplier market has changed with the generalisation, among the top actors, of a parallel and vertical integration process that she summarises with the “Act Vertical” motto.

In concluding her speech Mrs Ern-Stockum stressed that “In future, winning companies will be the ones able to connect with consumers and optimise their in-store experience thanks to an integrated business and product planning. The latter should speed-up design and development while integrating sourcing, supply and logistic partners with the aim of improving companies service strategies and create unique flow paths.”

While not rejecting such generalisation, Mr. Carlo MASSOLETTI (AEDT VP and independent retailer) highlighted that the recent years confirmed the difficulty to apprehend the consumer and that in his view“ experience has shown that, when suppliers and retailers cooperate, exchange information on stock levels and sales and, more generally, create solid and long-lasting relationships as business partners, both parties can achieve much better results than if they deal with each other merely as suppliers and buyers.” In this context, despite higher costs, sourcing in Europe and in the proximity area will help both actors to remain active in the market.


Must ReadView All

Textiles | On 22nd Jul 2017

Govt constitutes GST Feedback and Action Room

The Government of India has constituted a Feedback and Action Room...

Textiles | On 22nd Jul 2017

India’s cotton textile exports fell in FY17: Tamta

The overall export of cotton textiles from India declined in 2016-17...

Textiles | On 22nd Jul 2017

Stella McCartney, Bolt Threads partner for eco fashion

Fashion designer Stella McCartney has partnered with Bolt Threads for ...

Interviews View All

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X