Impact of the Covid-19 crisis on textile- and garment industry sector with focus on CEE and WB countries

Abstract

Covid-19 crisis has a significant impact on the textile and fashion industry worldwide. The impact of the coronavirus pandemic on textile manufacturers has been unprecedented. According to the latest reports, reducing sales, closed factories, and lower wages are just some of the problems. The economic downturn associated with the COVID-19 epidemic has posed challenges to the textile, clothing, and footwear industries. Companies, brands, and designers fight for their survival. This article attempts to give insight into some general facts of the impact of the COVID-19 pandemic on the textile- and garment industry sector worldwide and in some of the Central East European and West Balkan countries.

Covid-19 crisis has a significant impact on the textile and fashion industry worldwide. The impact of the coronavirus pandemic on textile manufacturers has been unprecedented. According to the latest reports, reducing sales, closed factories, and lower wages are just some of the problems. The economic downturn associated with the COVID-19 epidemic has posed challenges to the textile, clothing, and footwear industries. Companies, brands, and designers fight for their survival. This article attempts to give insight into some general facts of the impact of the COVID-19 pandemic on the textile- and garment industry sector worldwide and in some of the Central East European and West Balkan countries.