Search Results for: European Court of Justice
10 results out of 19029 results found for 'European Court of Justice'.
RUSSIA’S CLOTHING MARKET WITHSTANDS IMPACT OF UKRAINE INVASION, BY
With western clothing brands and retail outlets quitting Russia following the country’s invasion of Ukraine – killing 9,614 civilians (UN figures) and killing or wounding almost 500,000 soldiers (US government estimates) – clothing exports to Russia from nearby Türkiye have been growing steadily, with some increase in Russian production.…
PORTUGAL DEVELOPS INNOVATIVE INDUSTRIAL APPLICATIONS OF EUCALYPTUS AND CORK
Portugal is developing innovative textile and garment applications of eucalyptus and cork, natural resources that abound in the country, while looking to ensure these new fibres comply with new sustainability and circularity requirements in Europe.
António Braz Costa, general director at the Portuguese Technological Centre for Textile and Clothing (Centro Tecnológico Têxtil e Vestuário – CITEVE) and the affiliated Centre for Nanotechnology and Smart Materials (Centro de Nanotecnologia e Materiais Técnicos, Funcionais e Inteligentes – CeNTI) told Twist International, that the Portuguese sector is now meeting a 10-year-old goal of boosting its production of textile fibres from wood sources.…
SOUTH AFRICA UPS ITS AML GAME TO GET OFF THE FATF GREY-LIST
South Africa, added to FATF’s grey list this February (2023) (1), is overhauling its AML regime to escape this listing and better address financial crime and terrorist financing in Africa’s largest economy. The country’s FIU, the Financial Intelligence Centre (FIC), is confident about progress and “optimistic” it will be removed from the Financial Action Task Force (FATF) grey-list before its next mutual evaluation review, maybe beginning next year (2024).…
UK AUSTRALIA FREE TRADE DEAL OFFERS WOOL TRADERS CHANCE TO EXPAND YARN CHOICES FOR TEXTILE MANUFACTURERS
The wool and textile sectors of Australia and the UK will be closely assessing the impact of the UK-Australia Free Trade Agreement (FTA), which came into force on May 31 (1). The agreement, one of the first major trade deals stuck by the UK following its Brexit from the European Union (EU) in 2020, includes a significant reduction and removal of tariffs in trade between the two.…
CLOUD PLM SOFTWARE TOOLS EVOLVE TO HELP BRANDS TO COMPETE
Cloud PLM (product lifecycle management) software solutions are growing in number and functionalities to meet fashion clients’ needs as brands strive to improve their cost savings, sustainability and transparency.
PLM software helps to manage goods and associated data from production to disposal.…
KENYA GOVERNMENT MULLS TEXTILE PROTECTIONISM, BUT INDUSTRY LEADERS WARN THIS COULD BE A MISTAKE
Kenya’s government has proposed imposing a 25% tariff increase on imported clothing and textiles, a move designed to wean Kenyans off luxury imported clothes, supporting a domestic clothing and textile industry that has been harmed deeply by foreign-made garment sales.
Confirming the intention to introduce the new tax measures, investments, trade and industry cabinet secretary (minister) Moses Kuria said the new taxes would help Kenya’s textile and clothing industry: “The country has a rich textile sector that should be expanded,” said Kuria on August 14, while addressing Kenyan textile investors.…
PERU’S ALPACA AND COTTON EXPORTS: SEIZING OPPORTUNITIES AMIDST EU’S NEW TEXTILE STRATEGY
In the wake of the European Union’s (EU) impending sustainability-focused textile regulations and guidelines (1), Peru stands uniquely poised to amplify its exports of alpaca, camelid fibers, and cotton. This South American nation’s key to unlocking European markets lies in aligning its sustainability initiatives with the EU’s visions.…
USA WHISTLEBLOWER WINNING USD69 MILLION SAYS FORMER EMPLOYER IGNORED RISK OF OVER-CHARGING GOVERNMENT
An American whistleblower has said she warned her former employer Booz Allen Hamilton Holding Corporation of its wrongdoing before suing it on behalf of the US government, then receiving a USD69,828,832 reward for exposing procurement fraud. Sarah Feinberg this week told US newspapers, such as the Washington Post, how she used the US Civil War-era ‘qui tam’ provisions of the False Claims Act (FCA) to make the claim and receive a 15% to 30% share of any payout.…
SUBTLE UNDERSTANDING OF RED FLAGS CAN GUIDE FRAUD INVESTIGATORS TOWARDS FINANCIAL CRIME
Fraud investigators are often meticulous and driven, building a case for their employers that may end up in court – but what red flags might spark an initial inquiry?
Written advice is widely available – from the Association of Certified Fraud Examiners (ACFE) and government agencies responsible for white collar crime.…
TÜRKIYE’S DIGITAL PRINTING SECTOR STRUGGLES AHEAD
Türkiye’s digital textile printing sector had started to rebound post-Covid-19, but since 2022, orders have slowed due to weakening economies in the country’s key European markets, while production costs have been impacted by surging inflation and currency devaluation. While this has hampered order books, reducing demand for all kinds of finishing, print houses have been adapting by seeking medium to high-end orders for smaller print runs, which favour digital printing’s flexibility – promoting investment.…