Turkish Clothing and Footwear Sector Shows Resilience Amidst Moderate CPI Rise
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- Published: Saturday, 06 April 2024 02:03
In March, Turkiye witnessed a 3.16% month-on-month (MoM) increase and a staggering 68.5% year-on-year (YoY) rise in the general consumer price index (CPI). Despite this notable uptick, the clothing and footwear sector emerged as a beacon of stability, displaying the lowest annual CPI increase compared to other key groups, according to data released by the Turkish Statistical Institute.
Italian Textile Machinery Leading the Way at Techtextil Frankfurt
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- Published: Saturday, 06 April 2024 01:53
MILAN — March 26, 2024 — As the technical textile industry gears up for Techtextil, the premier global fair for technical and innovative textiles in Frankfurt from April 23 to 26, Italian textile machinery companies are poised to take center stage. With over 50 Italian firms showcasing their cutting-edge technologies, the event promises to be a showcase of Italian innovation and expertise in the field.
EU's Efforts to Revise Textile Labelling Regulation: What to Expect
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- Published: Saturday, 06 April 2024 01:43
Brussels - Textiles are an integral part of daily life, providing comfort, efficiency, and aesthetic appeal to a wide array of products, from clothing to furniture and automotive gear. However, the extensive use of textiles also poses significant environmental challenges, including increased greenhouse gas emissions and raw material consumption. Despite these obstacles, the textile industry remains a cornerstone of the European economy, employing over 1.5 million individuals and contributing significantly to the EU Single Market.