Search Results for: european union⊂mit=Search
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AUSTRALIAN RESEARCH HUB TACKLES TEXTILE INDUSTRY’S ENVIRONMENTAL IMPACT WITH FUNCTIONAL AND SUSTAINABLE FIBRES INITIATIVES
A new Australian research hub has embarked on a mission to address the environmental challenges posed by the textile industry with funding from the Australian Research Council (ARC). The sector is one of the world’s largest polluters: textile finishing and dyeing processes alone account for a staggering one-fifth of industrial water pollution worldwide and contribute 3% of global carbon emissions, according to a European Parliament report.…
REGULATORY CHANGE IMPACTS EUROPEAN SNUS SALES, DESPITE GENERAL GLOBAL DEMAND FOR ORAL TOBACCO
The global snus market is facing change, with consumers switching within the segment from traditional moist snuff products to non-tobacco nicotine pouches while key consumer markets in Europe are being impacted by regulatory uncertainty.
“Moist snuff sales have been declining since 2018.…
TRANSPARENCY INTERNATIONAL CALLS FOR BAN ON MEPS DOING SIDE JOBS
Transparency International EU is calling for a ban on members of the European Parliament (MEPs) undertaking side jobs in future, following this June’s elections, citing conflict-of-interest concerns. Failing that, Transparency International (TI) wants stricter rules on declarations of interest, with more thorough checks.…
AI DESIGN AND DRAWING DEVELOPMENTS OFFER DIGITAL TEXTILE PRINTERS CREATIVE HELP, BUT TECH IS STILL NASCENT
Artificial intelligence (AI) technologists have lauded rapid developments in AI drawing and design for finishers, citing the burgeoning technology’s ability to transform the digital textile printing sector. They point to improved creativity and efficiency as well as reduced costs and impact on the environment, but some in the sector remain sceptical about the degree and timescale of any impact.…
INFLUX OF FEMALE ATHLETES PROPELS WOMEN’S PROTECTIVE SPORTS GEAR MARKET
Across the world, women are increasingly participating in what were in the past male-dominated sports such as boxing, football, rugby and ice hockey, creating new niche for performance and protective textile and apparel manufacturers.
In football (soccer in the US and Canada), for example, the number of female players worldwide increased by a quarter between 2019 and 2023, reaching 16.6 million, according to international governing body FIFA (the Fédération Internationale de Football Association) (1).…
CENTRAL BANK DIGITAL CURRENCIES ARE COMING – AND PRIVACY CONCERNS MAY UNDERMINE AML/CFT
International organisations and academics are warning central banks to take AML/CFT into account as they develop central bank digital currencies (CBDC), although pressures to guarantee privacy might undermine such controls. According to 2023 research from the central banks’ central bank, the Basel, Switzerland-based Bank for International Settlements (BIS), 93% of central banks are now exploring or developing CBDCs (1).…
INTERNATIONAL REGULATORY ROUND UP – EU REGULATION WILL PUSH KNITWEAR BRANDS TO UNDERTAKE FORCED LABOUR DUE DILIGENCE
Knitwear brands in the European Union (EU) face additional due diligence on their supply chains after the EU Council of Ministers and European Parliament backed a proposed EU regulation allowing regulators to ban products made wholly or partly with forced labour.…
LISTICLE - EMERGING TECHNOLOGIES FOR PROCESS EFFICIENCIES IN TEXTILE AND APPAREL MANUFACTURING
Modern technologies are paving the way for rapid advances in textile sector process efficiencies, where innovative solutions are cutting the amount of time, energy, labour and materials that typically go into garment production.
While many new systems are being rapidly adopted by an industry eager to reduce friction and boost margins, some of the most revolutionary solutions are still on the cusp of being widely adopted.…
ZIMBABWE’S ANTI-MONEY LAUNDERING REGIME ROBUST BUT INEFFECTIVE – FIU DIRECTOR ADMITS A YEAR AFTER GOLD MAFIA EXPOSE’
As the country reels from an alleged gold smuggling scandal, Zimbabwe’s AML/CFT performance has shown how technical compliance with FATF rules is not enough, its Financial Intelligence Unit (FIU) director general has told MLB: “It is one thing to have a compliant legal framework and it is another thing to make sure the regime is being used effectively to fight money laundering,” Oliver Chiperesa told MLB.…
OBSERVERS CAUTIOUSLY OPTIMISTIC ABOUT MONGOLIA’S QUEST FOR CASHMERE SUSTAINABILITY
With 9,300 tonnes of raw cashmere produced annually, Mongolia accounts for 40% of the world’s raw cashmere output, with 190,000 herder households in an overall population of around 3.4 million people looking after almost 27 million goats (1).
The overwhelming importance of the cashmere industry for Mongolia’s overall economy has long been making it difficult to avoid sustainability issues, with overgrazing and the degradation and desertification of pastureland being accelerated by increased demand for cashmere from the international fashion industry.…