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Tag: 2024

60 Textile firms in Indonesia closed between 2022, 2024

60 Textile firms in Indonesia closed between 2022, 2024

News
60 Textile firms in Indonesia closed between 2022, 2024 Recent reports indicate that a significant number of textile firms in Indonesia have closed between 2022 and 2024, with the Indonesian Association of Textile and Fashion Industries (APSyFI) confirming the closure of around 60 companies in this sector. This trend has raised concerns within the industry, as it highlights the challenges that textile manufacturers face domestically and globally. Silent Crisis 2025: Apparel Industry’s Several factors are contributing to the difficulties in the textile industry, including rising production costs, competition from cheaper imports, fluctuations in raw material prices, and evolving consumer preferences. Many firms are struggling to adapt to these changes, leading to financial distress and ...
25 Most Valuable European Companies Primed for Growth in 2024

25 Most Valuable European Companies Primed for Growth in 2024

Blogs, Global
25 Most Valuable European Companies Primed for Growth in 2024 As we enter 2024, the European business landscape is brimming with potential. Despite global economic uncertainties, several European companies are poised for significant growth and continued dominance in their respective industries. Here's a closer look at the 25 most valuable European companies heading into the new year: Rank Company Country Market Cap (USD Billion) 1 LVMH Moët Hennessy - Louis Vuitton France 421.2 2 Nestlé Switzerland 374.6 3 Roche Holding Switzerland 361.3 4 Novartis Switzerland 321.5 5 ASML Holding Netherlands 318.9 6 Siemens Healthineers Germany 74.8 7 Allianz Germany 65.7 8 SAP Germany 143.1 9 Linde German...