Search Results for: Mongolia
10 results out of 112 results found for 'Mongolia'.
CHINA INVESTS HEAVILY IN ECOPLASTIC PRODUCTION TO BOOST GREEN PACKAGING
The Chinese government appears determined to keep pushing its nation’s economy towards a more sustainable path, issuing five key green economy-related policy documents this year (2024), with eco-plastics supply and eco-plastics packaging part of the focus.
For example, an ‘Opinion on speeding up China’s green economy’ issued in July by the State Council – China’s cabinet – listed directing more companies to use green packaging as one of its main goals by 2030 http://epaper.cenews.com.cn/html/2024-08/12/content_99269.htm…
OBSERVERS CAUTIOUSLY OPTIMISTIC ABOUT MONGOLIA’S QUEST FOR CASHMERE SUSTAINABILITY
With 9,300 tonnes of raw cashmere produced annually, Mongolia accounts for 40% of the world’s raw cashmere output, with 190,000 herder households in an overall population of around 3.4 million people looking after almost 27 million goats (1).
The overwhelming importance of the cashmere industry for Mongolia’s overall economy has long been making it difficult to avoid sustainability issues, with overgrazing and the degradation and desertification of pastureland being accelerated by increased demand for cashmere from the international fashion industry.…
SANCTIONED RUSSIANS PULL ALL AVAILABLE LEVERS TO CONTINUE INTERNATIONAL TRANSACTIONS
Given the constant expansion and tightening of sanctions against Russian individuals and organisations since Russia invaded Ukraine last February 24, it is no surprise that Russians have developed innovative ways to evade these sanctions. Sanction Scanner, a UK-based screening and transaction monitoring service provider highlighted how Russians have been utilising peer-to-peer exchanges of digital currencies to help conceal the beneficial owner of crypto.…
BRUNELLO CUCINELLI LATEST LUX BRAND TO CONSOLIDATE SUPPLY CHAIN AND BOLSTER MADE IN ITALY EXCELLENCE
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.…
INDIAN PASHMINA PRODUCTION TO RECEIVE BOOST FROM GEOGRAPHICAL INDICATION PROMOTION
India’s production of pashmina, the most exclusive of the cashmere fibres, is to receive an important government boost through acquiring a geographical indication (GI) from India’s Geographical Indications Registry for product sourced and spun in the Himalayan region of Ladakh.
The government of the union territory of Ladakh, which runs the mountainous territory in which Indian pashmina is producer applied for the GI certificate last year (2021) and hopes to receive authorisation the next few months.…
CHINA’S ‘GREEN FASHION' PHENOMENON IS REAL AND INCREASINGLY IMPORTANT
Chinese consumers are displaying an increasingly keen interest in sustainable fashion, being aware from personal experience that pollution can have a disastrous impact not only on the overall environment but also on their health. A Chinese University of Hong Kong report in 2018, for instance, concluded air pollution caused an average 1.1 million premature deaths in China.…
LUXIOUROUS CAMEL HAIR MARKET COULD GROW, IF SUPPLY CHAIN WEAKNESSES ARE TACKLED
The camel wool industry has grown in recent years, but this niche market has yet to reach its potential, particularly as a sustainable fibre popular with environmentally-sensitive consumers, say industry experts, producers and sellers.
Global production of camel hair rose from 2,018 tonnes in 2006 to an estimated 3,600 tonnes in 2021, according to data from the International Wool Textile Organisation (IWTO).…
APPAREL SECTOR: COUNTRY PROFILE CHINA
Roughly two decades after China entered the World Trade Organisation (WTO) (in December 2001) and nearly two-and-a-half years into the Covid-19 pandemic, the country’s textile and apparel sectors seem healthier than ever. Customs data show that in 2021, the cumulative export value of China’s textiles and clothing reached USD315.5 billion, a year-on-year increase of 8.4%.…
MONGOLIA TARGETS CASHMERE SUSTAINABILITY
Mongolia wants to increase the sustainability of its cashmere industry through more vertical integration – processing cashmere into premium finished garments locally. And it also wants to reduce the national herd to sustainable levels from a current high of 30 million.…
LONDON FASHION HOUSE PUSHES SALES OF BABY CAMEL HAIR YARN FROM MONGOLIA
FIBRE from Mongolian Bactrian camels in the Khangai region have become the focus of international marketing, with a key UK-based trader claiming the wool from their “coats are softer” than those of other camels in Mongolia, offering “unique natural properties”. London-based design house and luxury brand Tengri stressed that these fibres are harvested by their herders through hand combing in spring and offers the natural luxurious yarn and fibre sector a sustainable alternative to cashmere.…