Latest ITMF Corona surveys have reported that textile orders have plunged by more than 40% worldwide and that textile turnover is projected to be 33% lower in 2020 than in 2019. For this reason, ITMF believes it is essential that brands and retailers adopt responsible sourcing practices to enable socially compliant and environmentally friendly production.
They need to find solutions to pay their workers, and to avoid massive layoffs, according to the federation. They should also realize that collaboration and dialog are paramount for the entire supply chain in a situation of global demand and supply disruptions. Passing suppliers the loss and pain by canceling orders can not be the answer and further weaken the supply chain. Founded in 1904, ITMF members include fiber, textile, apparel , home textile, textile machinery, and textile chemical industry associations and companies in nearly 60 countries around the world.
