Home / Knowledge / News / Textiles / Textile & garments industry reports pleasing growth in 2006

Textile & garments industry reports pleasing growth in 2006

May '07
The improving economic situation had a positive impact on the Swiss Textile and Garments industry last year. Branch sales rose by 4.6 % to 4.13 billion francs. Exports were also 4.9 % higher at 4.20 billion francs. 72 % of textile products and 52 % of garments go to the EU Member States. The recipe for success of the Swiss companies includes many creative and innovative products.

The Federation itself supports the branch with new training courses and the launch of swiss+cotton, the quality seal for the finest Swiss cotton products. On the other hand, trends in Swiss external economic and energy policy continue to give grounds for concern. The strategy of the Swiss Textile and Garments branch has paid dividends.

The companies continue to bank on their professional know-how, innovation and ability to detect trends and always remain a decisive step ahead of the competition with special products. By doing so, they are able to defy the high pressure on prices and margins and growing competition from the low wage countries. For 2007, the Federation is again expecting a positive trend, although overall economic growth is likely to prove weaker.

More jobs worldwide:
By the third quarter of 2006, the number of persons employed in Switzerland fell slightly by 1.2 % to 16,100 persons. By the end of the year, the improving economic situation also began to be reflected in the number of jobs with the creation of a further 200 new posts.

But the Swiss Textile and Garments industry also employs persons abroad. In the year 2005, some 94,300 persons were working outside Switzerland, 6.5 % more than in 2004. Overall, more than 110,000 persons are employed both at home and abroad for Swiss textile and garments companies, roughly equivalent to the population of Lausanne, the fifth largest Swiss city.

Must ReadView All

Pic: Shutterstock

Textiles | On 16th Oct 2021

China's economic growth reflects strong resilience, vitality: Li

Premier Li Keqiang has said China is capable and confident of...

Pic: Shutterstock

Apparel/Garments | On 16th Oct 2021

BGMEA urges Bangladesh govt to reskill & upskill RMG workers

The Bangladesh Garment Manufacturers and Exporters Association...

Pic: Shutterstock

Retail | On 16th Oct 2021

UK retail sales rises by 0.6% in Sep 2021; figure 5.6% in Sep 2020

Total UK retail sales rose by 0.6 per cent in September this year...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Instagram & fashion will go a long way together

Footwear Industry, Footwear Retailers

Footwear Industry
Footwear Retailers

Still struggling to mop up higher sales

Textile Industry, Head honchos

Textile Industry
Head honchos

Switch was not 100% pandemic related

Seema Mishra,

Seema Mishra

Set up in January 2020 by <b>Seema Mishra</b>, the Kasrawad Art Cluster...

David Guiho,

David Guiho

Headquartered in Apt, South of France, Delta Plus designs, manufactures...

Ritu Oberoi,

Ritu Oberoi

Established in 2018, Forsarees is a socially driven business enterprise,...

Steve McCullough & Marco Weichert, Functional Fabric Fair & Design and Development GmbH Textile Consult respectively

Steve McCullough & Marco Weichert
Functional Fabric Fair & Design and Development GmbH Textile Consult respectively

Functional Fabric Fair is a trade-exclusive event showcasing the latest...

Frank Heislitz, Freudenberg

Frank Heislitz

Freudenberg Performance Materials is a leading global manufacturer of...

Dr Anup Rakshit, ITTA

Dr Anup Rakshit

The Indian Technical Textile Association (ITTA) is the only association of ...

Gavin Miguel, Label Gavin Miguel

Gavin Miguel
Label Gavin Miguel

Acclaimed fashion designer <b>Gavin Migue</b>l is known for his couture...

Raghavendra Rathore, Label Raghavendra Rathore Jodhpur

Raghavendra Rathore
Label Raghavendra Rathore Jodhpur

Being one of the first designers to use the "Brand India" positioning for...

Sarah Denise Cordery, Sarah Denise Studio

Sarah Denise Cordery
Sarah Denise Studio

Manchester, England-based Sarah Denise Studio provides relevant fashion...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

October 2021

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

Advanced Search