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Portugal’s milk production sector has been shrinking, with long-standing vulnerabilities worsened by Russia’s invasion of Ukraine, which has increased feed and energy costs. Even though contraction has been halted in the past six months by rising milk prices, the industry remains fragile and vulnerable to economic headwinds.…

Food security concerns have driven China’s ministry of agriculture and rural affairs to push Chinese soy output in the past two years as growing tension with its main western trading partners – coupled with the inflationary impact of the invasion of Ukraine – has preoccupied officials at the ministry’s complex in the Tuanjiehu neighbourhood of Beijing.…

THE EUROPEAN Union (EU) textile industry needs ambitious investment and a strong state aid subsidy plan to survive rising energy costs, enabling them to continue operating efficiently in global markets, European textile experts have told WTiN.

“Since last summer, the EU textiles sector has been faced with sky-high gas and energy prices and this puts further pressure on an already strained supply chain,” the European apparel and textile confederation (Euratex) senior policy officer for trade and industry Paolo Sandri noted.…

Popular culture has long considered Monaco the perfect ‘sunny place for shady people’, as per the Lawrence Rothman song, and judging by the latest Moneyval assessment of this Mediterranean principality, this characterisation holds some truth regarding AML/CFT.

The European FATF-style body said in a report issued in January (2023) that Monaco’s AML/CFT effectiveness was low on supervision, investigation and prosecution.…

DESPITE sky-high energy prices, currently six times higher than the USA, China and other Asian production hubs, causing loss of competitiveness and closures, European clothing companies will survive, European Union (EU) experts have told Just Style. EU electricity prices are often around EUR0.56/KWh at present, compared to USD0.10/KWh in competing industrial centres, according to EU data.…

At the end of 2022, the Chinese garment industry found itself in a conflicting situation: on one hand, the abrupt abandonment of strict Covid-control measures in December fuelled hopes that Chinese consumer demand will grow steadily. But on the other hand, many factories preponed and extended the Chinese New Year holiday to shield their owners’ financial standing from the risk that manufacturing capacity would remain underutilised.…

Political branding can encourage or deter clothing sales, say marketing experts, with the risks and rewards growing where political polarisation intensifies. The key US market is certainly a case in point. Research published in the January-February 2023 issue of the academic journal Marketing Science, by the US-based Institute for Operations Research and the Management Sciences, concluded that, following Donald Trump’s presidential electoral victory in 2016, political polarisation was increasingly extended to consumers’ preferences.…

Fresh food manufacturers worldwide are developing intelligent packaging that can help them reduce both food and plastic waste, responding to regulatory and consumer pressure to minimise their products’ environmental footprints.

Such bio-innovations may be of particular importance to European Union (EU) food manufacturing companies, given the EU is revising its packaging and packaging waste directive.…

As competition in the global beverage market increases, manufacturers are looking to labelling as a key to grow brands through ‘premiumisation’, emphasising its superior quality, exclusivity and sustainability to consumers.

“Customers are looking for premiumisation of their beverage labelling in terms of embellishment, foiling, tactile finishes, but coupled with a sustainable twist,” said Ben Robinson, sales director at Bradford, UK-based The Label Makers, a company that produces labels for premium brands such as Trinidad & Tobago-manufactured Kraken Rum.…