Abstract:

The present research aims to examine the place, the role and the importance of the economic growth, the economic development and the sustainable development in the textile industry, focusing on the economic and managerial dimensions of this topic. In the first part of the paper, the authors address to the importance of the sustainable development factors, which encompass the importance and the length of the ones provided by both economic growth and economic development in the context of the textile industry. In the second part of the paper, the authors focused on a study conducted both in terms of a bibliographical research focused on the role and importance of textile companies in the context of sustainable development worldwide and in terms of a statistical analysis of textile companies’ specific figures aimed to investigate the position held by the textile industry today and to bring to light future directions capable to enhance textile companies’ competitiveness. The study has the purpose of enriching the approach given nowadays to the textile industry, in the context of economic, social and environmental aspects, making both future predictions and proposals (suggestions) capable to strengthen the position of this sector worldwide.