Tag #Textile Industry

Showing 13 to 24 of 31 results

forbes.com
🌐 85% Global Worthiness
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Faribault Mill's Resurgence: A US Textile Company's Revival

Faribault Mill, a Minnesota textile company founded in 1865, overcame closure and flooding to achieve three years of record growth by combining investment in new equipment, attracting a younger workforce, and leveraging existing expertise.

Progress

64% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 85% Global Worthiness
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India-Bangladesh Trade War: Economic Fallout from Political Tensions

India and Bangladesh have imposed reciprocal trade restrictions, disrupting cotton yarn imports and a transhipment facility, impacting businesses and exacerbating political tensions stemming from the ouster of Bangladesh's Prime Minister Sheikh Hasina.

Progress

44% Bias Score

Decent Work and Economic Growth
kathimerini.gr
🌐 85% Global Worthiness
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US Tariffs Hit Greek Clothing Exports

New US tariffs on EU clothing and footwear, starting April 5th, increase costs for Greek manufacturers exporting to the US, threatening €768 million in clothing exports and potentially shifting production to cheaper locations like Turkey, Morocco, and Egypt.

Progress

48% Bias Score

Decent Work and Economic Growth
dw.com
🌐 85% Global Worthiness
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Kenya Seeks Global Trade Expansion Amidst US Retaliatory Tariffs

At a London conference, Kenyan Minister Kinyanjui announced Kenya's aim to expand global trade partnerships, amidst the US imposing retaliatory tariffs on 25 African countries including Kenya, a move temporarily suspended for 90 days, impacting Kenya's textile and apparel exports.

Progress

40% Bias Score

Decent Work and Economic Growth
fr.euronews.com
🌐 85% Global Worthiness
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EU's Massive Textile Imports Fuel Climate Concerns; Cascale Aims for 45% Emission Reduction

The EU's €176.9 billion textile import in 2023 highlights the industry's environmental impact: 6-8% of global carbon emissions, with each European consumer discarding 12kg of textiles annually. Cascale aims for a 45% emission reduction by 2030 through a circular supply chain.

Progress

40% Bias Score

Responsible Consumption and Production
t24.com.tr
🌐 75% Global Worthiness
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Turkey's Textile and Ready-to-Wear Industry Suffers 65,000 Job Losses in 2024

Turkey's textile and ready-to-wear sectors experienced a combined job loss of 65,581 in 2024, dropping total employment below one million for the first time in four years, driven by rising costs, increased competition, and reduced export demand.

Progress

36% Bias Score

Decent Work and Economic Growth
lefigaro.fr
🌐 75% Global Worthiness
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France to Voluntarily Display Clothing's Environmental Costs

France's plan to display environmental costs on clothing, approved by the EU, will be voluntary starting in the second half of 2024, aiming to curb fast fashion's impact and protect French jobs amidst competition from Chinese companies like Shein and Temu; the system uses the EU-recommended PEF meth...

Progress

44% Bias Score

Responsible Consumption and Production
zeit.de
🌐 85% Global Worthiness
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Rising Textile Consumption Fuels Sustainable Fashion Initiatives in Hesse

The average EU citizen bought 19 kilograms of textiles in 2022, a sharp increase driving environmental concerns, prompting initiatives like Hesse's growing secondhand market and the Fashion Revolution Week to promote sustainable fashion practices and raise awareness about fast fashion's ethical and ...

Progress

40% Bias Score

Responsible Consumption and Production
cnn.com
🌐 85% Global Worthiness
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Rome Double Homicide: Chinese Couple Allegedly Tied to Textile Gang War Assassinated

A Chinese couple allegedly involved in a turf war among Chinese Triad gangs in the lucrative textile industry were assassinated in Rome on Monday night, prompting concerns about escalating gang violence across Europe.

Progress

48% Bias Score

Reduced Inequality
arabic.cnn.com
🌐 75% Global Worthiness
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Egypt Seeks US Tariff Reduction to Boost Exports

Egypt is negotiating with the US to reduce 10% protective tariffs on its exports, aiming for a 20% annual increase, with the ready-made garment sector expected to benefit significantly; 2024 exports to the US totaled $2.247 billion (12.3% growth).

Progress

32% Bias Score

Decent Work and Economic Growth
it.euronews.com
🌐 85% Global Worthiness
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EU's Massive Textile Imports and the Push for Sustainable Fashion

The EU imported €176.9 billion worth of clothing in 2023, driven by fast fashion and high consumption, while Cascale proposes a 45% emission reduction by 2030 through circular supply chains.

Progress

32% Bias Score

Climate Action
bbc.com
🌐 75% Global Worthiness
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Terengganu's Songket: A Revitalized Tradition

Terengganu, Malaysia, a historical trading hub, is famous for its songket textile production, originating in the 13th-14th centuries, using Chinese silk and Indian cotton, and now revitalized by the Tuanku Nur Zahirah Foundation for modern markets.

Progress

24% Bias Score

Industry, Innovation, and Infrastructure

Showing 13 to 24 of 31 results