The museum functions in the ex-residency of one of the most flourishing textile businesses of the past, in the main building of the Goldberger Company founded in 1784.

In the ground floor of the more then 200-year-old building there had been a clothe-painting business going on, and the first floor was used by the Goldberger family. In the continuously expounding factory there were made pressed textiles, a number of which were meant for European export.

Devices and documents of the Museum were first collected for a trade history exhibition in the 1960'ies. Eventually the Museum of Textile and Clothing Industry was founded in 1975. From this date on collection works and placement of the materials became a permanent goal.

The first museum building opened for the general public in the 13th District in 1986, but the owner sold the property in 1991, so the museum was shut down, the materials were carried to a store house.

In 1992 there opened an immediate way for the reopening of the museum. The Museum of Textile and Clothing Foundation was founded in order to find place for the materials in a new building, and operate the museum to be opened again.

The foundation purchased the Goldberger houses then renovated them according to museologic plans. Expenses of the renovation were mostly met by foundational capital and supports obtained through proposals.

The museum opened its gates in 1999. There are four exhibitions and space is secured for temporal exhibitions, too.