Search Results for: Italian

A MAJOR expansion in collecting sales information within the digital economy across the European Union (EU) and beyond has been proposed by the European Commission, to crack down on widescale tax evasion.

The EU executive has proposed reforms to an EU directive on administrative cooperation between tax authorities (see https://ec.europa.eu/taxation_customs/sites/taxation/files/2020_tax_package_dac7_en.pdf)…

An Egyptian state-owned holding group is to build the world’s largest spinning factory, set to open in 2022, a key part of the country’s drive to modernise its textile and garment industry.

“It will have 182,000 spindles under one roof. Daily capacity will be 30 tonnes of fine yarn from Egyptian cotton, with average thread count 116 and a maximum count of 200,” Dr Ahmed Mostafa, chairman of the Holding Company for Cotton, Spinning, Weaving and Garments, told just-style.…

While Argentina’s textile industry is poised for growth over the next few years, the expansion of its use of digital printing will probably lag as companies recover from a deep recession in 2020 caused by Covid-19 and underlying economic weakness, executives said. …

TEXTILE and fibre innovators worldwide are seeking to tap growing demand for antimicrobial, virus and bacteria killing fibres and fabrics generated by the Covid-19 pandemic, encouraging clothing and fabric-makers to develop groundbreaking new technology.

Indeed, for companies such as HeiQ Materials AG – a Switzerland based textile innovation specialist – the pandemic has “opened a whole new chapter for the development of antimicrobial surfaces and textiles”, its co-founder and CEO Carlo Centonze told just-style.…

THE COVID-19 pandemic will not just threaten business failure for many clothing brands and manufacturers, it may herald the end of the current high production, fast fashion model and result in fewer, smaller collections from more sustainable supply chains, experts have told just-style.…

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.…

The suspension for alleged corruption by senior officials at a financial intelligence unit (FIU), the cornerstone of any jurisdiction’s AML work, would be shocking. But if those suspensions were at the FIU of the world’s only purely theocratic state, such reports would sound like the work of thriller fiction.…

The president of Italian food industry association Federalimentare has told of his concern about the medium- to long-term effects of the drop in demand for Made in Italy foods caused by Covid-19 epidemic affecting the country.

Ivano Vacondio said that the current spike in domestic food demand is “atypical and fleeting”, noting that hoarding by Italian consumers has, until now, camouflaged problems that will soon emerge, he said in statements sent to just-food.…

Italy’s textile sector is running at reduced capacity due to the tougher health protocols that have been put in place to protect workers from Covid-19 contamination, the president of Confindustria Toscana Nord, Andrea Cavicchi, told WTiN.com.

All textiles mills in manufacturing centre Prato were operational following the March 12 decree, which shuttered until March 25 much commercial activity across the country, including clothing stores, allowing manufacturing activities to continue only if companies respected stricter health protocols aimed at mitigating the spread of the infectious disease.…

WHILE clothing manufacturers within Italy have not been told to close outright in the country’s bid to fight the Covid-19 virus, many have been subject to major disruption during this health emergency. A drop in demand for clothing and textiles in China and the cancellation of fairs and missions both abroad and in Italy have hit brands hard, with events being called off and many catwalk shows at Milan Fashion Week (18-24 Feb 2020) having taken place behind closed doors as the virus outbreak gathered strength.…