All articles by prameela vegi
prameela vegi
Indian Leather Manufacturers Rush to get Staff Vaccinated
The demand for processed leather and finished goods from Europe and the US is increasing but production in the tanneries and leather goods units has been tardy because of shortage of personnel. Business owners said the failure to get workers vaccinated against Covid in large numbers was the principal reason for production not picking up. Another reason is that many workers are still stuck in their hometowns and villages as the curbs are yet to be lifted.
Pakistan Tax Cuts to Boost Industry Growth
The Pakistani government’s latest budget, revealed last week, aims to reduce input costs for some industries and bring online sales under net sales tax. Providing tariff, sales and income tax relief to the industrial sector in a draft plan explaining how the government will achieve the Federal Revenue Service (FBR) target of raising 1,129 billion rupees.
New Indian Leather Hub Planned at Kishanganj
As part of its push towards industrialisation, Bihar state in India is set to come up with its own leather and textile policy and plans to develop Kishanganj as an industry hub. Leather from Panjipada in Kishanganj is used across the country as well as enjoying exports too.
Australian Fashion Week a Boost for Economy
An Australian Fashion Council report found the industry contributes more than $27.2 billion to the nation’s economy as Australian Fashion Week returns.
Global Fashion Houses Face Mexican Ire
Mexico’s Culture Minister Alejandra Frausto sent letters to three global companies, Zara, Anthropologie and Patowl, asking each for a “public explanation on what basis it could privatise collective property”.
Employee Support Fund Set Up by LVMH
French multinational corporation and luxury conglomerate, LVMH has launched a global emergency and support fund for its 150,000 employees, with an initial endowment of €30m.
Book Your Stand Now At China’s Leading Leather Trade Show
China Leather Will Be The First To Rebound
Pakistan Sees Double-Digit Export Growth
Data compiled by the Ministry of Commerce made available last week, showed that Pakistan’s exports in 13 sectors, including value-added textiles, posted double-digit growth in the 11 months of current fiscal year (11MFY21) compared to the same period a year ago.
Etsy Purchasing Depop for $1.6b
Fashion resale marketplace Depop will be acquired by Etsy for $1.6 billion, the two companies announced on last week. The cash deal, which is expected to close by the third quarter of this year, underscores the growing influence of clothing resale platforms. More shoppers are turning to the secondhand market for something cheaper and — potentially — greener as the overproduction of clothing increasingly adds to landfills.
Stahl launches blockchain-based collaborations with external partners to drive supply chain transparency
Waalwijk, The Netherlands, 3 June 2021 – Stahl, an active proponent of responsible chemistry, has taken an important step toward enabling end-to-end supply chain visibility by actively engaging with external partners on blockchain readiness and implementation. As a first stage, Stahl has collaborated with KRAHN Chemie, an independent chemical distributor, to certify key raw materials from the point of origin onward. In the coming months, Stahl will encourage more partners to scale up blockchain readiness across its network and beyond.