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Traceable pigments are increasingly being used as a favoured trackable method to help textile and garment companies prove that cellulosic fibres utilised in fabric and final products have been made according to high social and environmental sustainability standards. With regulation, non-financial reporting and green consumer demand pushing the industry towards using fabrics that are demonstrably sustainable, cellulosic fibres derived from wood pulp and other woody plants such as bamboo, have become more attractive as inputs.…

The paint markets of the Gulf region’s two largest economies, Saudi Arabia and the United Arab Emirates (UAE), have rebounded since the Covid-19 pandemic and are slated for growth, driven by major investments in real estate and infrastructure projects.

“Over the past 18 months, we have seen a flat and slightly declining paint markets in the region.…

How should anti-money laundering (AML) officers prepare for a visit by a regulator, be it a scheduled inspection, or the worst-case scenario – an unexpected dawn raid? Experts say institutions need to always be prepared for checks by regulators.

However, this is not simple given a visit to assess an obliged entity’s internal controls’ ability to effectively monitor and manage compliance with national and regional AML policies and procedures can be rare.…

THE HUNGARIAN dairy industry and supporting government officials are looking ahead to incoming financial support from the European Union (EU) now that the European Commission has approved the country’s Common Agricultural Policy (CAP) strategic plan for 2023-2027. This has cleared the way for a ЕUR8.4 billion transfer in funding from Brussels, despite the friction between the EU and the Hungarian government, led by populist right-wing Prime Minister Viktor Orbán.…

As the world’s largest vertical farm is set to launch operations in Gloucestershire later this year, proponents have lauded the sustainability benefits of the model. They say it has the potential to reduce agriculture’s physical and carbon footprint, growing more crops with significantly reduced water usage, zero pesticides and delivering fresher produce than traditional field-based models.…

The UK and European Union (EU) textile and clothing sectors are still working out how to deal with the complex challenges brought by Brexit, with experts saying the industry has been suffering as a result. Work thus far has focused on dealing with the trading difficulties created rather than exploiting any theoretical opportunities created by increased UK regulatory autonomy since full Brexit came into being on December 31, 2020.…

International and Switzerland-based mining major Glencore has settled UK bribery cases brought by Britain’s Serious Fraud Office (SFO), accepting a GBP280.9 million (USD314.5 million) penalty ordered by Southwark Crown Court, London.

This followed an SFO investigation revealing that Glencore Energy UK had paid USD29 million in bribes to gain preferential access to oil in Africa between 2011 and 2015.…

Knitwear brands have been progressively investing in mentorship and incubation programmes, hoping the resulting inspiration will widen their offer with creative products, reach more consumers and promote innovation in their work methods.
London – one of the big four fashion cities, alongside Paris, New York, and Milan – is this month (November) hosting the first collection of products made through the Atelier100 hyperlocal hothouse programme, at the brand’s retail store in Hammersmith (west London) (1).…

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. …

It is ‘de rigeur’ for tech publications to define the ‘metaverse’ – Wikipedia is perhaps most succinct – ‘a metaverse is a network of 3D virtual worlds focused on social connection’ (1). As for their fraud risk, there is a growing consensus that the metaverse offers fraudsters and cybercriminals significant opportunities to exploit this growing network of IT systems integrating virtual or augmented reality (VR and AR).…