​In the fashion industry, emotions and creativity on one hand and ratio and numbers on the other hand come together. It is a dynamic sector with many aspects.
 
Your risk
On a yearly basis, Dutch consumers spend between 8 and 9 billion euro on clothes. The market scope is stable, but the number of stores is growing slowly. Beacuse of this, competition between fashion companies is heavy. Average prices hardly increase and the number of unsold pieces increase slowly too.
Consumers don't follow trends anymore. This results in decreasing shop and brand loyalty and clothes from different segments are being combined. Consequently, margin pressure is high.
 
Our advice
Euler Hermes makes sure you can do business without qualms. A specialised team follows all economic developments in this sector closely to advise you in time.
To anticipate to the specific needs of companies in the fashion and textile sector, Euler Hermes has several cooperations with different trade sector organisations.
  • FGHS Sector Policy
  • MODINT Sector Policy
​The developments in the trade sector for sports equipment bring both opportunities and threats. That is why the FGHS and Euler Hermes have developed a trade sector policy that meet the needs of the sector and gives you certainty of payment.

You advantages
• Knowledge about the sports equipment sector
• Doing business safely and fast in risky countries
• High percentage of coverage (up to 85 per cent)
• Lower administrative costs
• Premium discount
• Lower DSO
​Heavy sompetition, blurring of seasons and critical customers bring along financial risks. The fashion, interior, carpet en textile sector are dynamic and demanding. MODINT has great knowledge of these sectors. Euler Hermes analyses the solvency and quality of the operational management of your customers anywhere in the world.
The cooperation between MODINT and Euler Hermes offers a unique and optimal mix of expertise en gives you certainty of payment.

Your advantages
Because of the cooperation with MODINT you as a member have important advantages at closing a credit insurance:
• Doing business in risky countries safely and fast
• High percentage of coverage (up to 90 percent)
• Lower administrative costs
• Premium discount
• Additional coverage of costs made before delivery
• Add order coverage easily
• Low tariffs of credit limits
• All collections costs are co-insured
• Always collections by MODINT, also in case of disputes
• MODINT-Conditions for Dutch buyers