Search Results for: Spain
10 results out of 1842 results found for 'Spain'.
UAE FRAGRANCE MARKET DIVERTS TO THE NICHE AND EXCLUSIVE
THE UNITED Arab Emirates’ (UAE) fragrance retail market (unisex and those targeted at female and male consumers) experienced healthy growth in 2015 compared to 2014, increasing 8% in value terms to reach Emirati Dirham AED2.23 billion (USD607.2 million), according to market researchers Euromonitor International.…
REFUNDS MAYBE PAID ON EU’S VIETNAM AND CHINA ANTI-DUMPING DUTIES AFTER ECJ FINDS FAULT WITH TARIFFS
The European Commission has indicated that to just-style that it may accept a European Court of Justice (ECJ) ruling against “anti-dumping” duties imposed on leather footwear made in China and Vietnam imported into the European Union (EU).
The duties were imposed in 2006 over concerns that these were being sold in the EU at below cost-price and have been the subject of some controversy ever since, with several retailers claiming they were illegal and demanding refunds.…
NEW EU RESEARCH PROJECT DEVELOPS NEW NON-ANIMAL TESTS FOR COSMETIC AND OTHER CONSUMER PRODUCTS
A EUROPEAN Union (EU)-backed project is developing a new testing strategy to assess chemical safety in consumer products, including for cosmetics and personal care lines, without using animals in experiments.
The EU-ToxRisk project, which has a budget of around EUR30 million, is being coordinated in the Netherlands by Leiden University.…
SPAIN FAKE SHAMPOO CRACKDOWN SHINES SPOTLIGHT ON EXTENT OF ILLICIT INDUSTRY
A recent crackdown on a counterfeit shampoo factory in Spain has shone a spotlight on a burgeoning and problematic underground illicit industry, operating across Europe with links to criminal gangs, money-laundering and terrorism.
A 2013 study by European Union’s (EU) trademarks and designs agency the Office for Harmonisation in the Internal Market (OHIM) says counterfeit cosmetics and perfumes in the EU netted EUR4.7 billion (USD 5.2 billion) in sales on average between 2008 and 2011.…
ASIA REGULATORY ROUND UP – HONG KONG BUDGET INCLUDES TAX CUTS
The Hong Kong government has announced its 2016 budget which includes a salaries tax reduction of up to HKD20,000 (USD2,574), increasing personal allowances and offering a rates waiver within its 2016-17 budget. The government has also announced a 75% profits tax reduction up to a ceiling of HKD20,000; waived business registration fees; and released a technology voucher programme assisting small-and-medium sized businesses.…
CAMBODIA’S COSTLY ELECTRICITY HAMPERING TEXTILE INVESTMENTS
THE HIGH cost of electricity in Cambodia is holding the country’s textile investments from taking off, Blaise Kilian, the advocacy manager of the European Chamber of Commerce in Cambodia (EuroCham Cambodia) has told WTiN.
It is, he said, a “major obstacle” to investments in the textiles sector and “makes it economically unviable to power the heavy machinery required for such activity.”…
EUROPEAN COMMISSION AND ALGERIA DENY REBAR QUOTA MEANS SUSPENSION OF EU/ALGERIA TRADE AGREEMENT
The European Commission has today (February 26) categorically denied that Algeria has backed down from the European Union-Algeria Association Agreement by imposing a 15% import duty on EU-origin rebar; and Algeria is backing up its claims. Under this agreement, which came into force in September 2005, Algeria is supposed to have a completely duty-free regime for all trades with the EU by next year (2017).…
PAKISTAN GSP+ STATUS ASSURED FOR NOW, SAYS EUROPEAN COMMISSION
PAKISTAN’S textile producers will continue to benefit from European Union (EU) preferential tariffs following a European Union’s decision not to suspend Pakistan’s ‘generalised scheme of preferences plus’ (GSP+), status despite concerns about its human rights record.
The scheme has been beneficial to Pakistan’s textile industry – textiles and clothing account for around 75% of Pakistan’s exports to the EU.…
ITALY’S BEAUTY MARKET RETURNS TO GROWTH
The beauty and personal care (BPC) market in Italy ended 2015 on a positive note, recording marginal growth in market sales, production and exports, according to a December 2015 report ‘Trends and Investments in the Cosmetics Sector’, released by the national cosmetics trade association, Associazione Italiana delle Imprese Cosmetiche (Cosmetica Italia).…
EASTERN EUROPEAN PERSONAL CARE PRODUCT SECTOR AND MARKET SHRUGS OFF STAGNATION
It has taken more than half a decade for the cosmetics markets of eastern Europe to finally shrug off a long-running period stagnation that has characterised the regional market. Two underlying features – the financial crisis of 2008 and the completion of multinational takeovers in the noughties that saturated these post-communist markets – lay behind the extended period of slow, low or non-existent growth.…