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Since economic liberalisation and globalisation kicked in major economic growth in China since 1990, China’s food and beverage industry has expanded exponentially, boosting the country’s metal packaging industry (1).
London-based market researcher GlobalData (NOTE TO EDITOR – NO SPACE BETWEEN WORDS IN THIS COMPANY NAME) has forecast that China’s market will purchase more than 1 trillion units in 2024, with rigid metal packaging taking a 10.5% volume share of this vast financial cake (2).…

THE EUROPEAN and global fashion and textile industry is witnessing rapid technological advancements, requiring garment workers with specialised skillsets, notably digital, to meet evolving demands. Indeed, the November 2022 State of Fashion 2023 report (1) from strategy consultants McKinsey & Co made clear that after 18 months of robust growth (early 2021 until mid-2022) post Covid-19, the fashion industry is facing challenges, including inflation, the energy crisis and rising material prices, that increases its demand for skilled labour.…

The sentencing of Elizabeth Holmes to 11 years’ jail in Texas last November (2022) for defrauding Theranos investors in a bogus blood test tech swindle is perhaps the highest profile female fraud case in recent years. It is proof that – yes – women as well as men are highly likely to commit financial crime if they have the opportunity.…

Bangladesh clothing manufacturers have been looking to expand export sales beyond their established markets in the European Union (EU), the United States, Canada and the UK, seeking new revenue in non-traditional markets such as Brazil, India, Japan and South Korea.

According to data from the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), Bangladesh apparel exports for 2022 (calendar year) have sourced 16.1% of revenue from non-traditional markets – USD7.35 billion, out of overall apparel exports of USD45.7 billion.…

The China-Central Asian Summit that took place in China’s Xi’an in May 18-19 will positively affect Chinese textile and related input sourcing well beyond Central Asia, analysts’ comments and Chinese-language media reports indicate. China’s President Xi Jinping used the event, that was also attended by the leaders of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan, to unveil an ambitious plan to help elevate Central Asia to the next level of its development — from building infrastructure networks to boosting trade (1).…

The secretary general of the United Nations has called for a significant increase in education spending and investment so that targets in the UN’s sustainable development goal (SDG) for the sector are met. At present, said UN Secretary General António Guterres, in comments for the UN’s High-level Political Forum on Sustainable Development (HLPF) this month (July 10-19) https://hlpf.un.org/2023…

The May (2023) general election in Thailand which saw fully democratic parties win handsomely over the military-backed ruling United Thai Nation party could throw the country’s recent decriminalisation of cannabis into doubt.

The progressive Move Forward Party topped the polls, along with allies it commands a majority in Thailand’s parliamentary lower House of Representatives.…

FASHION sector companies, across the value chain, are making continued efforts to leverage the potential of new artificial intelligence (AI) systems to boost sustainability through reducing waste and optimising production.  

Apparel supply chain experts speaking to Just Style have stressed how leading brands from luxury to fast fashion retailers are investing in AI to improve the efficiency and sustainability of their business models.…

The Qatargate scandal continues to encourage the European Parliament and other European Union (EU) institutions to tighten protections against graft and inappropriate influence, especially from non-EU governments.

Its key suspect Greek MEP Eva Kaili has been under house arrest since May and has (as of July) yet to revisit the parliament, where she remains a full member.…

The advent of large language model (LLM) artificial intelligence systems such as ChatGPT could be a major boon for anti-fraud professionals – but as with any innovative technology, it must be handled with care as the risks are assessed, experts warn.…