Nayab Islam

US university researchers recycle used clothing into sustainable fabrics

US university researchers recycle used clothing into sustainable fabrics

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New techniques for recycling used clothing and producing sustainable fabrics have been discovered by researchers at Cornell University in the US. The process includes chemically dissolving used clothing and repurposing polyester components to create coatings that may be put into apparel and textiles to make them fireproof, antibacterial, or wrinkle-free. The fabrics are divided into …

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Agricultural Productivity And The Challenge Of Climate Change

Agricultural Productivity And The Challenge Of Climate Change

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Shahid Sattar and Noreen Akhtar Agriculture remains an important sector for Pakistan’s GDP (contributes about 24% of GDP), exports, employment (female employment in particular), and poverty reduction (Pakistan Bureau of Statistics n.d.). Pakistan has shown a stable share of agriculture in GDP over the past three decades, while it has fallen for the aspirational comparators …

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PMI drops to 3-month low in April, harming UK manufacturing

PMI drops to 3-month low in April, harming UK manufacturing

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According to S&P Global, the UK’s seasonally adjusted purchasing managers’ index (PMI) dropped from 47.9 in March to a three-month low of 47.8 in April 2023. It was, however, higher than the 46.6 flash estimate from earlier. Production, new orders, employment, and inventories of purchases—the five components of the PMI—all showed deteriorating operational conditions. Lead …

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Top challenges to global growth, according to a survey, are inflation and geopolitics

Top challenges to global growth, according to a survey, are inflation and geopolitics

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In a global poll on economic circumstances conducted by McKinsey in March, respondents identified inflation and geopolitical instability as the two biggest dangers to economic development. The COVID-19 pandemic is no longer seen as a significant macroeconomic danger. Even respondents in Greater China, who have expressed excessive worries about the economic repercussions of the epidemic, …

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Philippines-Australia textile trade expands, with increased garment exports

Philippines-Australia textile trade expands, with increased garment exports

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Since the Philippines’ garment exports have been steadily increasing in previous years, there has been an increase in textile commerce between Australia and the Philippines in recent years. According to the most recent data, Australia’s cotton imports will increase significantly in 2022. The Philippines is a significant clothing exporter, while Australia is a notable producer …

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Revenue for French luxury company Kering increased to €5,077 million in the first quarter of FY23

Revenue for French luxury company Kering increased to €5,077 million in the first quarter of FY23

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The parent company of upscale labels like Gucci, Yves Saint Laurent, and Bottega Veneta, French corporation Kering Group, announced a 2% year-over-year (YoY) increase in revenue to €5,077 million in the first quarter (Q1) of fiscal 2023 (FY23). Similarly, this growth is up 1% YoY, with trends improving over time. Comparatively, the directly run retail …

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Nike and Cognizant in the US have announced a new 5-year tech operations partnership

Nike and Cognizant in the US have announced a new 5-year tech operations partnership

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Nike, a well-known creator, marketer, and supplier of athletic footwear and gear, and Cognizant, a US-based global professional services firm, have announced a new partnership to modernize and support Nike’s technological operations. By the new five-year contract, Cognizant will combine several of Nike’s IT support operations and provide services to Nike in more than 230 …

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Australian cotton harvesting is in progress, showing promise

Australian cotton harvesting is in progress, showing promise

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With the help of dryer and warmer temperatures since Christmas, picking has started in much of Australia’s cotton-growing area, suggesting that the flooding and farm damage late last year may not have been as disastrous as initially thought. Even though the effects varied from state to state and region to region, some farmers were forced …

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Texpertise's worldwide SDG initiatives reach 21K exhibitors and 508K visitors

Texpertise’s worldwide SDG initiatives reach 21K exhibitors and 508K visitors

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The Messe Frankfurt Texpertise Network has already reached more than 21,000 exhibitors, roughly 508,000 trade visitors, 6,250 accredited media representatives, and more than 945,000 followers on social media worldwide by 2023 with its global sustainable development goals (SDG) actions in eight countries. The SDG initiatives included podcasts, SDG information booths and picture walls, social media …

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Hastens and MadaLuxe Group collaborate to launch 20 new outlets in the US

Hastens and MadaLuxe Group collaborate to launch 20 new outlets in the US

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Hastens, a Swedish manufacturer of high-end beds, and MadaLuxe Group, the top luxury distributor in North America, have teamed up to establish 20 Hastens stores across the US over the following five to seven years. The residential branch of the MadaLuxe Group has already obtained leases for two stores in Texas; the first will formally …

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