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Fashion sector contributes $382.85bn to EU’s GDP annually

GlobalData
Summary
Nutrition label

80% Informative

EBCA represents more than 75 leading fashion brands across 14 global companies.

Study shows fashion sector contributes 331.8bn ($ 382.85bn ) to the EU ’s GDP each year , which is nearly 2% of total EU GDP.

The direct GDP contribution is equivalent to 8.5% of the entire EU retail and trade sector.

VR Score

82

Informative language

85

Neutral language

28

Article tone

semi-formal

Language

English

Language complexity

65

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

medium-lived

Source diversity

1

Affiliate links

no affiliate links