The textile and clothing industry is a broad and varied industry. From the transformation of natural fibres or synthetic ones to yarns and fabric, and from the design to the distribution of clothes, the industry involves a great deal of activities.

In Europe, textile and clothing is a major economic pull factor, and Great Britain has been considered a world power in the industry. However, not all can achieve the same success, especially if they lack the funds required for starting a business or the finance management skills needed for sustaining profitability. When the funds are enough and sound finance management practices are in place, the only thing that the business must do is to come up with quality and trendy pieces of fabrics and clothes that meet the needs of fashionable consumers.