Search Results for: Italian

The US government is coming under increasing pressure to reinstate Ethiopia as a participant of its African Growth & Opportunity Act (AGOA), now a peace agreement has been signed to end a bloody civil conflict in the country. The Ethiopian government and the Tigray People’s Liberation Front (TPLF) have agreed to halt two years’ hostilities that the UN concluded had “intractable and deadly consequences” for civilians.…

Consumers of athleisure and performance gear will drive demand for sustainability in this segment, before requirement in materials and industrial processes are mandated by regulations, textile industry observers have indicated. As a result, existing brands have been warned by market experts to focus on product development, facing competition from newcomers keen to capitalise on increases sales for this segment witnessed during the Covid-19 pandemic. …

Times might be tough in Italy, with annual inflation at 9.4% (in September) and sluggish growth of 2.5% projected for 2022 (OECD data), but Italians are drinking more coffee, including supermarket sales for home-brewed drinks.

In 2021, Italian roasted mass market retail coffee sales exceeded EUR1.3 billion overall, said IRI, up 1.1% year-on-year, driven by the single-serving pods and capsules and grains segments.…

The Germany-based Saxon Textile Research Institute (STFI – Sächsische Textilforschungsinstitut) (1) has been working hard on developing textile grippers as tools that replace the human hand as the industry increasingly adopts automation. (2) STFI analysis sent to Textile 4.0 stressed the need for a wide variety of grippers given the large variety of fabric workpieces in clothing and textile manufacture.…

India’s nascent wine market is dominated by domestic brands trying to overcome low awareness about wine among Indian consumers, while dealing with high taxation and cumbersome trading regulations. However, these wine companies are confident of achieving high sales growth in the short and medium term, with market projections looking healthy, even if they vary widely.…

A European research project is seeking to overcome hurdles to the development of new generation of supercapacitors (SC) for fast-charging, structural energy storages for the automotive industry, as well as aviation services.

The PRINTCAP project was launched in July and will last until 2025, with an anticipated budget of EUR200 million (USD199 million), from public and private sources.…

The European Parliament’ international trade committee has travelled to Dhaka to press the Bangladesh government to ensure that its country complies with 27 international labour, social and environmental conventions. This, MEPs will say, is needed for Bangladesh to qualify for the EU Generalised Scheme of Preferences Plus’ (GSP) privileged trade access.…

The Covid-19 pandemic may have been disruptive for the international textile sector, but in emerging regional outsourcing hubs such as north Africa, the potential offered by digital printing is so clear that investment into this modern finishing segment has continued.

Tunisia is a case in point.…

The Covid-19 pandemic has not just weakened and disrupted supply chains in the high-end fabric and yarn sector, it has encouraged mergers and acquisitions (M&A) among companies to strengthen trade flows. One key example this year in Italy’s luxury fashion sector is the acquisition by leading Italian luxury fashion house Brunello Cucinelli SpA in March (2022) of a 43% stake in the share capital of its historic cashmere yarn supplier Cariaggi Lanificio SpA.…

As the Italian economy recovers from the particularly hard two-year coronavirus pandemic, Italy’s paints and varnishes sector is among the few to have weathered the storm well. “Our sector has probably never seen such a jump in growth like that of the past two years,” said Gianni Martinetti, president of the Paints and Varnishes Group of AVISA (1), which is part of Italy’s national chemicals industry association, Federchimica.  …