Memo: A new action plan for the fashion and high-end industries endorsed in London

With more than 850 000 companies and 5 million jobs, the fashion industry currently accounts for 3% of the EU's GDP. Furthermore, Europe's high-end products account for 10% of total EU exports and provide one million direct jobs.

Bolstering the fashion and high-end industries is an important part of the European Commission's efforts to increase the share of industry in the GDP to 20% as set in the Europe 2020 strategy. Against this backdrop, the European Commission Vice-President Antonio Tajani travelled to London on 3 December 2013 where he met with the representatives of the fashion and high-end industries to endorse an action plan for kick-starting these sectors of industry.

• Primary Source

ESO: Background information: VP Tajani: we need an action plan for the fashion and high-end industries http://www.europeansources.info/record/memo-vp-tajani-we-need-an-action-plan-for-the-fashion-and-high-end-industries/

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