Figures from the Spring 2021 Report by Euratex (European Apparel and Textile Confederation) show a dramatic contraction in the demand and production of textiles and clothing. The EU’s turnover in textile fibers and fabrics declined by 9.3 percent in 2020 as compared to 2019. For clothing, the decline was even higher at 17.7 percent. The trade deficit for European textiles and clothing jumped from €47 billion in 2019 to €62 billion in 2020, an increase of more than 30 percent, almost entirely due to the import of Chinese face masks and related products. Based on these trends, Euratex has called on the European institutions to implement a new industrial strategy and coherent long-term plan to effectively support the European textiles industry. European companies have made considerable efforts to adapt their production to the Covid-19 crisis, but the figures show this was not enough. On a more positive note, the figures for the first quarter of 2021 indicate some signs of recovery.