Innovation expenditure in the clothing and leather industry Germany 2008-2024
As of 2024 thus far, innovation expenditure in the German clothing and leather industry amounted to around one billion euros, which was an increase compared to 890 million euros the previous year.
Innovation expenditure in this industry includes research and development, as well as innovation-related spending on tangible assets, intangible assets, continued education, marketing, conception, construction, design, production preparation and distribution planning.