Search Results for: Germany
10 results out of 3221 results found for 'Germany'.
AFRICA’S KNITWEAR SECTOR LOOKS TO EXPLOIT EUROPEAN AND AMERICAN SHIFT TOWARDS NEARSOURCING
The African knitwear manufacturing sector has been regaining ground lost during the Covid-19 pandemic, with established manufacturing hubs capitalising on the growing demand for nearshoring in Europe and to a lesser extent the USA. There are major investments under way in developing production capacity, particularly in West Africa.…
EGYPT LOOKS TO FIRM UP LOCAL SUPPLY CHAIN AS IT EYES FUTURE CLOTHING SALES IN EUROPE AND AMERICA
The Egyptian garment and textile sector has rebounded from the dip caused by the Covid-19 pandemic, with orders returning in 2021 and exports strong in the first half of 2022. Sluggish consumer demand in the country’s primary export markets of the USA and Europe has however seen orders weaken over the past third 2022 quarter.…
ATHLEISURE INNOVATION BOOSTS PERFORMANCE AND SUSTAINABILITY-FOCUSED SALES
Innovation in athleisure gear continues to drive performance improvements, with an eye to boosting sustainability, as consumers become more environment conscious, and regulation toughens up.
Of course, making such improvements is no easy feat today given the entire supply chain is facing “unprecedented challenges,” warned Davide Vigano, CEO of tech textile manufacturer Sensoria, based in Redmond, Washington state, USA, as shipping delays hinder the delivery of components, and transport prices increase as energy costs also soar, pushed up by Russia’s bloody invasion of Ukraine. …
AD HOC ADVICE ON LAUNDERING DIRTY MONEY OFFERS WIDE RANGE OF TYPOLOGY INFORMATION TO AMLOs
How to launder a sack of ill-gotten cash is a question that does not just stretch the imaginations of law enforcers and AML officers, it can and does prompt useful assessments by professionals in other fields.
The question of how to launder USD1 million in dirty money is, for instance, a popular thread on the international online Q&A service Quora, with 84 answers.…
ETHIOPIA CLOTHING EXPERTS CALL FOR AGOA RESTORATION FOLLOWING TIGRAY PEACE DEAL
As Ethiopia approaches the one-year anniversary since the USA’s Biden administration suspended the country from its African Growth and Opportunity Act (AGOA) privileges over human rights abuses, a senior union leader hopes these rights will be restored in 2023. (1)
With the Ethiopian and rebel Tigray governments agreeing a ceasefire last week (Nov 2), to forge a long-term peace following two years’ armed conflict, Kassahun Follo, president of the Confederation of Ethiopian Trade Unions (CETU), an alliance of trade unions, said the AGOA expulsion led to a loss of more than 5,600 jobs in Ethiopia’s flagship Hawassa Industrial Park alone – a key textile and clothing manufacturing hub.…
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.…
CRAFT BREWERS INCREASE SALES OF DIVERSE BEERS IN NORDIC AND BALTIC MARKETS
The Nordic and Baltic beer markets are increasingly diverse, with craft beer sales growing faster than those for standard beers across the region, with only Lithuania bucking the trend. According to UK-based market researcher GlobalData (which owns Just Drinks), sales of craft beers Denmark, Sweden, Norway, Finland, Estonia and Latvia have all seen significant sales increases over the past five years with many exhibiting double-digit growth.…
KEY BENEFITS OF AUTOMATION AND ROBOTICS FOR TEXTILES AND CLOTHING
A key question in any industry is to what extent robotics will be able to replace the human hand. This issue is especially pertinent for textiles and clothing – where sensor-based automation increasingly carries out human tasks such as assessing the feel of textiles and quality control.…
COUNTRIES OPPOSING RUSSIAN INVASION OF UKRAINE STRUGGLE TO AGREE WAY TO SPEND SANCTIONED MONEY AND PROPERTY
The list of Russian assets seized by its European and north American opponents grows ever larger, with super yachts joining bank accounts and expensive properties being sequestered. But could they be sold? Should they be sold? And should the money be spent on rebuilding Ukraine, if it drives out the Russian invader?…
EUROPEAN GOVERNMENTS AND EU APPROVE ENERGY TAX BREAKS AND SUBSIDIES TO COPE WITH IMPACT OF RUSSIAN INVASION
If proof were needed that the European Union (EU) was genuinely concerned about the boom in energy prices sparked by Russia’s bloody invasion of Ukraine, it is surely a decision made by the EU Council of Ministers on September 30 to back an EU energy tax law, for implementation on December 1 (2022).…