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Search Results for: Finnish

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NORDIC BEAUTY MARKET HIT BY COVID-19, BUT FUNDAMENTAL STRENGTHS REMAIN

THE NORDIC region’s beauty market has, like every other country, been hit by the Covid-19 pandemic. However, the stability of societies in Norway, Sweden, Finland, Denmark and Iceland has meant that their retail sectors have avoided some of the chaos linked to the health emergency that that has harmed other markets.

All five countries are also developed economies, whose consumers have money to keep their personal care product traders afloat.

According to Finland-based Global Research & Data Services, sales of personal care products in Norway’s 5.3 million people market last year (2019) were worth USD700 million, based on UN data.…

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NORDIC BEAUTY MARKET HIT BY COVID-19, BUT FUNDAMENTAL STRENGTHS REMAIN



THE NORDIC region’s beauty market has, like every other country, been hit by the Covid-19 pandemic. However, the stability of societies in Norway, Sweden, Finland, Denmark and Iceland has meant that their retail sectors have avoided some of the chaos linked to the health emergency that that has harmed other markets.…

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COVID-19 DISRUPTS ANTICIPATED STEADY GROWTH IN 2020 WITHIN LATIN AMERICA BEAUTY SECTOR



THE COVID-19 crisis has severely depressed sales of personal care products within Latin America and it is unclear when the market will pick up.

In Argentina, for example, a coronavirus-induced lockdown has pushed the economy deeper into recession, slashing sales of most unessential beauty and personal care products.…

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ARTIFICIAL REALITY TECH OFFERS GREAT BENEFITS TO TEXTILE COMPANIES – BUT THEY MUST ADDRESS THE SECURITY VULNERABILITIES



INTRODUCTION – SERIES

A series of reports from WTiN is exploring the need for the textile and clothing sector to protect itself against attacks from cybercriminals as it invests in new transformative Industry 4.0 technologies – extended reality, artificial intelligence and the Internet of Things.…

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EU MINISTERS AGREE STRATEGY TO FIGHT FOOD FRAUD



THE EUROPEAN Union (EU) Council of Ministers has called on EU member states and other EU institutions to work harder to fight the scourge of food fraud, which can damage the commercial health of legitimate manufacturers and risk consumer health. In a detailed policy statement (called ‘council conclusions’ in EU jargon), ministers said an EU “legal definition of food fraud” should be created that would underpin future regulatory actions fighting such wrongdoing, which can include deliberate mislabelling and the use of illicit ingredients.…

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KEEPING DAIRY SUSTAINABLE AND PROFITABLE ARE INDUSTRY’S BIG TWIN CHALLENGES, SAYS COPA-COGECA HEAD



SHOWING consumers that dairy farming is sustainable, while surviving the less than favourable economic situation which all agriculture faces today, are the industry’s biggest challenges for 2020 and beyond, Pekka Pesonen, secretary general of European farming organisation Copa-Cogeca, has told Dairy Industries International.…

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EUROPEAN COMMISSION APPROVES MAJOR LITHIUM ION SUBSIDY SCHEME – BENEFITING MINERS, PROCESSERS, MANUFACTURERS AND RECYCLERS



THE APPROVAL of a EUR3.2 billion set of subsidies by seven European Union (EU) member states could generate a major mineral supply and processing chain to manufacture lithium ion batteries within Europe. A decision announced yesterday (December 9) by the EU executive, the European Commission, loosening its usually tight control of national government support for industry, effectively greenlights a major collaborative project designed to strengthen European battery production.…

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CHINA MOVES TOWARDS EXPANDED GREENER DISTRICT HEATING



DISTRICT heating is an efficient way to provide heat, that can reduce carbon emissions compared to individual property-based heating. So, it is maybe heartening to learn that the Chinese central government and its municipalities are both growing district heating and encouraging the use of cleaner energies to power them.…

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FIFTH ANTI-MONEY LAUNDERING DIRECTIVE AIMS TO PLUG CRITICAL CRYPTO REGULATORY GAPS



 

THE EUROPEAN Union’s (EU) fourth anti-money laundering directive had not even been implemented before Panama Papers revelations on massive tax evasion highlighted critical gaps in the bloc’s regulatory framework, especially regarding cryptocurrencies and prepaid cards. The result was directive (EU) 2018/843 of May 30, 2018 commonly known as the fifth anti-money laundering directive.…

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ELECTRIFICATION OF SHIPS A KEY STEP IN DELIVERING PARIS CLIMATE COMMITMENTS



Described by environmental campaigners as “the elephant in the COP21 negotiations room” when climate change proposals were agreed in Paris during 2015, today – the electrification of shipping is moving ahead apace.

From inland ferries to cargo barges and cruise ships, vessels are being built or retrofitted with renewable power propulsion sources, curbing the shipping industry’s major emissions.…

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