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European Clothing Industry Depends on Effective Brand Protection for Revenues, Jobs
The EU’s market for production, wholesaling and retail trade in clothing, footwear and accessories is a major economic force in the EU – representing a €275 billion sector that depends heavily on trademark and other intellectual property protection for its success.
Top European Innovators Receive Awards, Highlight Innovation Trends
Eighteen European companies received awards in Thomson Reuters’ annual Top 100 Innovator companies presentation in Paris on 2 July. Seven of the awarded companies were from France, five from Switzerland, four from Germany and one each from the Netherlands and Switzerland.
Intellectual Property is a Key Driver of the US Economy
EU companies that use intellectual property generate greater revenues, pay higher wages
Companies in the EU that own and use intellectual property rights (IPRs) in their business tend to be larger, pay 20% higher wages to their employees, and generate 29% higher revenues per employee on average than companies that do not.