Euratex
(Source: Euratex)
On the occasion of the Euratex General Assembly held in Milan/Italy on June 7, 2023, the European textile industry discussed the relationship between innovation, sustainability and people in the industry of tomorrow. Members of the European Apparel and Textile Confederation (Euratex), Brussels/Belgium, welcomed the Textiles Transition Pathway, released on June 6, 2023, by the Commission, as a valuable roadmap to ensure a successful green and digital transition. The meeting in Milan was also the occasion to strengthen links with textile machine manufacturers, gathering at the ITMA 2023, the world’s largest textile machinery trade fair.
»This transition towards a textiles 5.0 can only happen with the support of all actors, from policy makers to retailers. This meeting was also the occasion to review the EU transition pathway for the textiles ecosystem, published by the European Commission. The pathway is the perfect example of a co-creation process between the European institutions and the stakeholders. «
Hosted by Sistema Moda Italia (SMI), Milan, Euratex meetings addressed the crucial issue of how to develop new competitive business models for the future, following the Industry 5.0 concept. In 2021, the European Commission launched “Industry 5.0”, which puts the wellbeing of the worker at the center of the production process and the use of new technologies to provide prosperity beyond jobs and growth, while respecting the production limits of the planet.
The keynote speakers, Francesco Pinto (Chairman, Yamamay) and Claudio Cavacini (Director of Retail Industry Solutions & Strategy, Salesforce), presented how the digital transformation is affecting companies in the retail industry and how they should adapt to maintain their competitive edge. A panel session of textile machinery manufacturers debated how their companies can help delivering this transformation through state-of-the-art machineries.
