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Indian textile ministry urges Uniqlo to invest in PM MITRA Parks

Japan’s Uniqlo, which has expressed a keen interest in advancing cotton production capabilities, productivity, and quality within India, was recently urged by India’s textile ministry to invest in the PM MITRA Parks.
In a meeting of Uniqlo officials with textiles minister Giriraj Singh, the ministry encouraged Uniqlo to extend its R&D efforts into new natural fibres, including milkweed fibre.Read More

17.12.2024Comments Off,
Intertextile Shanghai embraces I-dentities for S/S 26 trend revelation

From March 11-13, Intertextile Shanghai will explore ‘I-dentities’, a theme underlining steadfast human and object values, at its Trend Forum in Hall 5.1 of the National Exhibition and Convention Center.
Elementi Moda and other top forecasters will unveil S/S 2026’s key trends: SIMPLE, HACKING, MISCHIEF, and FREEDOM, showcasing a range from natural textiles to whimsically innovative fabrics.Read More

17.12.2024Comments Off,
Nigeria’s SON urges leather, textile firms to meet global standards

The Standards Organisation of Nigeria recently urged leather and textile industry stakeholders to adhere to global standards and is collaborating with manufacturers, suppliers and regulatory bodies to ensure compliance.
Its director general Ifeanyi Chukwunonso Okeke said SON has put in place a policy to ensure that MSMEs and other stakeholders are involved in standards development process.Read More

17.12.2024Comments Off,
TotalEnergies sells 50% of shares EPUKI, UK subsidiary of EPH

TotalEnergies has sold 50 per cent of its shares in West Burton Energy to EPUKI, UK subsidiary of EPH.
West Burton Energy owns a 1.3 GW gas power plant and a 49 MW battery storage system.
The joint venture will operate the plant, aligning TotalEnergies’ 700 MW flexible capacity with its renewable growth targets in the UK, supporting its goal of 12 per cent returns by 2030.Read More

17.12.2024Comments Off,
Germany’s GDP expected to decline 0.2% in 2024: Bundesbank

Germany’s GDP is forecast to decline 0.2 per cent in 2024, with slight growth of 0.2 per cent in 2025 and stronger expansion of 0.8 per cent in 2026 and 0.9 per cent in 2027, per Bundesbank’s report.
Inflation (HICP) will ease to 2.4 per cent in 2025, returning to 2 per cent by 2026.
Structural issues, weak exports, and sluggish investments persist, and debt ratios expected to fall gradually.Read More

17.12.2024Comments Off,