BROWSE THROUGH OUR TRADE FAIRS IN UK FOR TEXTILES INDUSTRY
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The United Kingdom is among the central and leading countries of the textile industry. It applies to the global and European segments of the sector. This is due to the country's highly-valued and extensive, time-honoured segment. It is often part of the more extensive fashion industry. For example, it has extended to include more than 5 500 enterprises. They range from SMEs to comprehensive, time-established international corporations. They employ 1 300 000 specialists and produce annual turnover rates of up to 62 000 000 000 EUR. It includes over 23 000 000 000 EUR in tax revenue. This results in the sector contributing 1 GBP for every 34 GBP of the state’s GVA and 1 GBP for every 30 GBP of the HMRC’s tax receipts. It results in the segment acting as one of the most extensive and highly valued contributors to the UK’s economy. The state's textile and fashion industry is also among the relevant markets' central and leading innovation hubs. This is due to its high focus on researching and developing innovations. It is done through extensive investments and study projects. For example, it has recently invested up to 1 400 000 000 GBP in R&D projects related to textiles and fashion. Generally, the segment presents its latest innovations during semi-annual expos in diverse UK cities. They attract thousands of attendees from various countries.