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DREST-X-Green-Carpet-Challenge-iv.png 04 février 2022

From the “Fashion Act” to PFA substances, these are the news to keep an eye on in 2022

Fashion is increasingly turning its gaze to legislation on restricted substances and more, as the news focuses on environmental and human rights.  “A number of countries around the world are increasingly sensitive to ‘greenwashing’ and want transparency in the supply chain,” Neri Karra Sillaman* told WWD.  These criteria are applicable to each “priority” sector, including tanneries and textile industries. [* Neri Karra Sillaman, founder of Moda Métiers and professor of strategy and entrepreneurship at the IESEG School of Management in Paris, interviewed by WWD.

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DREST-X-Green-Carpet-Challenge-iv.png 04 février 2022

From the “Fashion Act” to PFA substances, these are the news to keep an eye on in 2022

Fashion is increasingly turning its gaze to legislation on restricted substances and more, as the news focuses on environmental and human rights.  “A number of countries around the world are increasingly sensitive to ‘greenwashing’ and want transparency in the supply chain,” Neri Karra Sillaman* told WWD.  These criteria are applicable to each “priority” sector, including tanneries and textile industries. [* Neri Karra Sillaman, founder of Moda Métiers and professor of strategy and entrepreneurship at the IESEG School of Management in Paris, interviewed by WWD.

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download_1_331.jpg 03 février 2022

US sanctions against Russia would hit value chains

From the Biden administration filter the first details on the sanctions being studied against Moscow in the event of an attack. The list of targets includes: banks such as VTB, Sberbank and Gazprombank; state-owned companies such as Sogaz (insurance) or Sovcomflot (energy shipments); trade in new government debt securities; import of advanced microelectronics.  The main idea is to prevent Russia from raising over $100 billion from the markets, to devalue the ruble and trigger inflation that hits  consumer goods.

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download_1_331.jpg 03 février 2022

US sanctions against Russia would hit value chains

From the Biden administration filter the first details on the sanctions being studied against Moscow in the event of an attack. The list of targets includes: banks such as VTB, Sberbank and Gazprombank; state-owned companies such as Sogaz (insurance) or Sovcomflot (energy shipments); trade in new government debt securities; import of advanced microelectronics.  The main idea is to prevent Russia from raising over $100 billion from the markets, to devalue the ruble and trigger inflation that hits  consumer goods.

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download_1_331.jpg 03 février 2022

US sanctions against Russia would hit value chains

From the Biden administration filter the first details on the sanctions being studied against Moscow in the event of an attack. The list of targets includes: banks such as VTB, Sberbank and Gazprombank; state-owned companies such as Sogaz (insurance) or Sovcomflot (energy shipments); trade in new government debt securities; import of advanced microelectronics.  The main idea is to prevent Russia from raising over $100 billion from the markets, to devalue the ruble and trigger inflation that hits  consumer goods.

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download_486.jpg 03 février 2022

Turkish leather growing (+29%) with the contribution of BURSA DİKOSAB

Bursa Leather Specialization and Mixed Organized Industrial Zone (BURSA DİKOSAB) closed 2021 with growth, but aims to increase the tanning capacity of leathers to 500 tons. The OIZ will have an area of 355 hectares. DİKOSAB will expand the effluent treatment plant and open a solar power plant. Background: Footwearbiz data from Turkey shows leather sector export values of more than $1.75 billion in 2021, an increase of 29% over the previous year.

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