European Commission vice president Antonio Tajani is set to meet with European fashion companies to discuss measures to reinforce the growth and competitiveness of the European fashion industry.

The commission said that fashion and high-end industries account for 10% of European exports, as well as 3% of the EU's GDP.

Tajani will seek fashion and luxury CEOs' views on a series of actions particularly around education and skills, protection of intellectual property, opportunities for international trade, and regulatory framework to sustain growth.

He will also discuss how to better combat counterfeiting, which "has become a real danger to the industry's growth and employment".

The CEOs and directors of companies including Chanel, Falke, Harrods, IC Companys-Peak Performance, Imax-Max Mara, LVMH, Moser, Emilio Pucci, Ricosta, Zegna and Bernardaud are set to attend the meeting.