High Level Group sets vision on textile & clothing sector until 2020
19 Sep '06
3 min read
Access to Finance With a view to facilitate its access to finance, the industry is committed to undertake the necessary steps to re-build its image. In this respect, industry leaders should take every opportunity to present the numerous success stories from within the industry on a regular basis.
Larger company groups The report suggests that SMEs should move their co-operation forward from mere supplier-customer relationships to more organic links.
Other recommendations Other HLG recommendations relate to codes of ethics requiring companies to commit themselves not to copy others' models/designs and further initiatives in the area of Corporate Social Responsibility.
The EU's textiles industry in 2020 – an attempt for a vision
The report attempts to set a scenario of the industry for the year 2020. It shows a lean and competitive industry.