Daily Newsletter

12 October 2023

Daily Newsletter

12 October 2023

Upcoming forum to address Europe fashion, textile sector sustainability

The Textile & Fashion Forum Helsinki 2023, jointly organised by Finnish Textile & Fashion and Euratex, highlights the discourse on sustainable practices within the textile and fashion industry.

Hannah Abdulla October 11 2023

The two-day fashion and textile event will take place from 26-27 October at the Little Finlandia event centre in Helsinki.

The textile and fashion forum will showcase the industry's pioneering companies and their pursuit of a sustainable and resilient future. With insightful discussions, inspiring speakers and thrilling business cases, the event drives transformation and sets new benchmarks for the textile and fashion sector.

Speakers include Tiina Alahuhta-Kasko, president & CEO of Marimekko; Kai Mykkänen, minister of climate and the environment of Finland; Marcus Hartmann, Head of public affairs & sustainability at H&M; Liljana K. Forssten, Range Strategist at IKEA; and Virginijus Sinkevičius, European Commissioner.

"Our fantastic speakers represent the forefront of sustainable fashion, each bringing their unique know-how to drive positive change," says Marja-Liisa Niinikoski, CEO of Finnish Textile & Fashion.

The Textile & Fashion Forum Helsinki 2023 will focus on critical industry themes. The transformation of the textile and fashion industry relies on three key pillars: the creation of different circular business models matching growth with sustainability, a green and digital transition where information technology is necessary to deliver sustainability, and scaling the business, as how start-ups can make a leap and big companies can evolve their growth strategies. These three themes will be discussed in depth during the event.

“Textiles are essential components of our society and our well-being. It is key for Europe to maintain its capacity to manufacture high-quality, sustainable and high-technology textiles. That’s why we need events like this one, where the whole European value chain can meet and develop a common strategy for the future”, said Dirk Vantyghem, Euratax director general.

Finnish apparel brands have previously taken steps towards sustainability. In August 2022, fashion and textile business Marimekko launched its own pre-owned apparel platform. Finland's Helsinki Fashion Week was also the first event of its kind to ban the use of leather, starting in 2019.

Clothing and footwear ranked among the top 3 sectors by global ecommerce transactions in 2022

Per GlobalData estimates, food and drink, clothing and footwear, and accommodation were the top three sectors by global ecommerce transactions in 2022. Clothing and footwear accounted for 11% of ecommerce transactions in 2022. While consumers may wish to try on clothing and footwear items to ensure a good fit, enhanced technology that offers sizing recommendations and hassle-free returns services has made them more comfortable shopping for these goods online, accounting for the sector’s high share of transactions.

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