Search Results for: Australia
10 results out of 1414 results found for 'Australia'.
POSSUM FIBRE: A SUNSET INDUSTRY AIMING FOR DIVERSIFICATION
New Zealand has been harvesting quality fibre from brushtail possums for decades, however, a new government native species conservation plan means the industry – in NZ at least – may have limited time to survive.
The animals, native to Australia, have caused considerable environmental damage across the Tasman Sea in NZ since their introduction in the 1830s.…
TOBACCO AND VAPE FLAVOURINGS INNOVATION STILL THRIVES, DESPITE TIGHTENING REGULATION
“Flavours have been the best thing that has happened to the tobacco industry,” wrote US company Revival Vape in a recent blog on the growth of the electronic cigarette sector and the popularity of non-tobacco flavours.
It is not just vaping which has capitalised on the variety of flavours that can be created to drive sales.…
ATHLEISURE AND PEFORMANCE GEAR CONSUMERS DRIVE SUSTAINABILITY DEMAND, AHEAD OF REGULATION
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. …
SRI LANKA CLOTHING SECTOR WEATHERS RECENT POLITICAL AND ECONOMIC STORMS – TARGETS SUSTAINABLE GROWTH
The UN Human Rights Council passed a resolution on Sri Lanka on Thursday October 6 calling for accountability, human rights and reconciliation in this important clothing manufacturing outsourcing centre that has suffered from intense political and economic turmoil. There is growing international pressure on the new Sri Lanka government of President Ranil Wickremesinghe to promote calm (1) as the country grapples with financial shortages, logistical disruption and political legitimacy problems, worsened by widespread government corruption.…
CHINA’S INFANT FORMULA PRODUCERS STRENGTHEN POSITION ON DOMESTIC MARKET AS AVERAGE WEALTH GROWS
The Chinese infant formula industry will hit a regulatory milestone in February (2023) with the introduction of new national standards first published last year (2021) by the country’s National Health Commission. These standards, including GB10765-2021 (1) promise to make labelling “more scientific”, thus improving quality of products.…
GROWTH IN CANNED BEVERAGES BOOSTS METAL PACKAGING SECTOR IN SPAIN
The Spanish can market and industry, which has developed an international reputation for its dominant fish canning sector, is increasingly innovative, driven by contemporary trends in its beverage sector, with sales of canned water and wine joining a promising market which has traditionally been based on beer.…
AML INFORMATION EXCHANGE SYSTEMS DEEPEN AND BECOME MORE COMPLEX
The exchange of intelligence is a key element of AML/CFT, with FATF’s recommendations 36 to 40 focusing on international cooperation. The Egmont Group of FIUs also continues to hone how it securely delivers exchanges of sensitive AML/CFT information between its 167 members.…
INDIA WINE MAKERS AND IMPORTERS EYE POTENTIALLY HUGE NASCENT MARKET
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.…
CHINESE CHEESE MARKET FUELLED BY SNACK FOOD INNOVATION
The Chinese are eating more cheese than ever.
China’s cheese market size reached Chinese Yuan Renminbi CNY/RMB6.32 billion in 2020 and is expected to grow at a CAGR of more than 8% during 2020-2025, according to a 2022 report from GlobalData, the market researcher that owns Just Food.…
INTERNATIONAL BODIES COMBINE WITH TECH DEVELOPERS TO FIGHT FOOD FRAUD
Fraud is sometimes downplayed as a ‘victimless crime’, especially when companies are the direct victims. While that is obviously untrue, frauds associated with food that can directly harm consumer health give the lie to this statement. It is one reason why food fraud is a clear priority problem for international policy makers.…