Footwear companies have invested more than €185 million in advertising in 2022 in Germany
Americans still love buying things in person, but over the next few years, more shopping is projected to shift online. In China, such purchases now make up more than 25% of overall retail sales, according to some estimates.This is ahead for retail, from the metaverse and AI to Gen A’s spending power and an increased […]
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What will the fashion industry, more specifically luxury, be like in 2023? Mass consumption is likely to recede in the face of recession, but luxury consumption should not be particularly affected. Thanks to the access of the new generations in the luxury market, the base of the latter would be expanding dramatically: from 400 million […]
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A third of the world’s economies will fall into recession this year, the International Monetary Fund’s head said. Countries across the globe have been hammered by high inflation and interest rates, as well as the ongoing fallout from the war in Ukraine and China’s difficult exit from its zero-COVID strategy, ensuring that 2023 will be “tougher” […]
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December manufacturing output declined, to finish 2022, according to Purchasing Managers’ Index (PMI) reports. The reports’ key metric, the PMI, came in at 48.4 (a reading of 50 or higher indicates growth), down 0.6% from November’s 49.0, contracting, at a faster rate, for the second consecutive month. The last two months of contraction were preceded […]
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Pandemic-related disruption, trade wars, tariffs, rising labor costs, climate crises and the war in Ukraine, along with technological innovation and changing customer expectations, are causing drastic changes to manufacturing. Supply chain disruption is challenging businesses everywhere and forcing company leaders to think differently about how they operate. Artificial Intelligence (AI), data-driven analytics, sustainability and digital […]
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The mass movement against China’s zero-COVID policy erupted suddenly, and — unusually — it succeeded: 254% increase in outbound flight bookings from China, when Beijing announced it was scrapping quarantine rules for returning citizens, according to Trip.com, a travel site popular on the mainland.Now, China is embroiled in disputes with both the World Health Organization […]
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New environmental subsidies came into effect in the United States. As of Jan. 1, the government will help cover the cost of household energy improvements, such as heat pumps, rooftop solar, insulation, or electric vehicles. It’s the latest package of environmental reforms: In 2022, Congress passed legislation defining carbon dioxide as a pollutant, allowing the […]
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The Economist finds that the rate of workplace automation has actually slowed since the start of the pandemic, a surprising finding given the health and economic forces that should have encouraged factories to have more robots and fewer humans. 2023 February, 14th update At the end of 2022, Indonesia lost more than 25,000 jobs in […]
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A new embossing press with pallet changer that can greatly increase productivity. Embossing presses usually do not particularly shine in their productivity, but now SC Costruzioni Meccaniche srl has outfitted the PLATEPRESS 600 CP, equipped with a 2-pallet changeover system, which can greatly increase hourly output by overshadowing the downtime of loading/unloading hides. Alternatively, each […]
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New flesh splitting machine works without rubber roller thanks to a patented system. A new star has entered the firmament of Mosconi technologies. It is called Antares and it is the brand new flesh splitting machine with automatic introduction presented by the Veneto-based company at a trade show in Milan last September. “Antares is the […]
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The F.L.L. automatic sampling Booth reproduces the entire finishing process ensuring great advantages. At the fair EL.PA. Service presented the F.L.L. (Finish Line Lab) automatic sampling Booth designed to meet the needs of chemical laboratories and leather prototyping companies. “This versatile and compact machine mimics the entire finishing process (spraying and drying) and is an […]
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Even smaller models will be able to be run by inverters, ensuring energy savings. “Today all of our wet-blue sammying machines can also be supplied in an electro-hydraulic version. Therefore, the customer now has the opportunity to choose the type of power supply they prefer even on the smaller machines that were previously only hydraulic.” […]
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