Search Results for: Chile

INTRODUCTION

In the competitive and innovative world of smart textile manufacturing and sale, companies strive to maximise functionality and minimise costs. Their ingenuity is the basis of their competitiveness. But as with all industries, some costs are out of their control.…

The gap between halal and natural beauty is narrowing down as halal beauty brands integrate more natural and vegan ingredients into their products, and global cosmetics companies use more ingredients that are inherently halal.

“In essence, the majority of halal ingredients are of non-meat origin, hence vegan products, for example, are by default usually halal,” Amna Abbas, consultant for beauty and fashion at Euromonitor International told Salaam Gateway.…

The Bangladesh knitwear industry is looking to boost its exports of sweaters, competing with Chinese suppliers hampered by their government’s continuing tough lockdown responses to further outbreaks of Covid-19. Meanwhile, US tariffs imposed during the trade war launched by former American President Donald Trump persist, giving Bangladesh sweater exporters a continuing price advantage, augmenting its lower labour costs.…

The relationship between the USA textile industry and its counterparts in Latin America has never been straightforward, given the US exports fabrics and fibre to its neighbours as well as importing apparel, but the Covid-19 pandemic has increased complexity in this relationship.…

The huge offshore finance leak unveiled yesterday (October 3) by the International Consortium of Investigative Journalists (ICIJ) and its media partners has highlighted the pressures AML reporters face in complying with increasingly tough beneficial ownership transparency laws.

Reports generated from 2.94 terabytes of data within 12 million documents leaked to the ICIJ from the confidential records of 14 offshore service providers have been analysed by 600 journalists from 150 media outlets in 117 countries.…

INTRODUCTION

Financial crime is a minefield for the international textile and clothing industry. With extended international supply chains extending into jurisdictions where the rule of law and a reliable independent judiciary may have a weak hold, if they exist at all, textile and clothing brands and manufacturers must take care.…

THE COVID-19 pandemic has caused significant disruption to Peru’s important camelid fibre sectors. Its large alpaca fibre and fabric industry has suffered, but there is maybe more concern about the impact on the smaller and more vulnerable vicuña industry.

Peru is the leading producer worldwide of vicuña.…

PEACE appears to be breaking out between the European Union (EU) and the UK on one side the USA over an aircraft subsidy-prompted trade war that had led to billions of dollars of duties being levied on food and drink exported between these countries.…

The Peruvian alpaca-based fabric industry is targeting a robust post-Covid 19 recovery by strengthening its international relationships through strategic alliances. Also, by focusing on innovation, this speciality wool segment is also trying to reverse declines in production and exports worsened by claims of cruelty by alpaca farmers made by USA-based campaign group PETA (People for the Ethical Treatment of Animals).…

LATIN America has been hit particularly hard by the Covid-19 pandemic – with Chile, Peru, Brazil and Colombia in the top-20 of countries regarding cases per million people – and its paint and coatings market and industry has faced a similarly rough ride.…