Directions of Increasing Competition in Clothes and Textiles Industry on the Basis of Information Technologies

Abstract

The importance of the clothes and textile sector in Lithuanian economy is discussed and declining trends of the sector values for the economy warns about the problems of competitiveness in the current economic conditions. The main factors behind the decline in the competitiveness of the sector are provided; and directions of the development, which are associated with the intensified use of information technologies to create new competitive advantages of the sector, are analysed.