Fashion
Turkiye leads green energy investment; renewables share over 60%: Prez
He was addressing the 11th Energy Efficiency Forum and Fair in Istanbul.
Outlining Turkiye’s efforts to diversify its energy mix and expand renewables, President Recep Tayyip Erdogan recently cautioned about significant risks of relying on a single country or source for energy requirements.
He said Turkiye has turned one of the leading economies investing in green energy in recent years and the share of renewable energy in its total installed capacity has crossed 60 per cent.
Erdogan stressed that diversification remains key to the security of supply. “Being dependent on a single country, source, or route for energy procurement carries significant risks,” he said. Turkiye imports over 90 per cent of its energy needs.
“Our goal is to expand the economy to $1.9 trillion and lift per capita income to $21,000 by 2028,” Erdogan said, mentioning about targets of the government’s new medium-term programme.
The country’s population is expected to exceed 88 million by 2030 and reach 94 million by 2050, according to the president, up from nearly 86 million as of the first half of this year.
“We all know very well what this means in terms of energy demand and consumption,” the president was quoted as saying by domestic media outlets.
He said the country has turned one of the leading economies investing in green energy in recent years and the share of renewable energy in its total installed capacity has surpassed 60 per cent this year.
Natural gas consumption has also grown rapidly, he said. While in 2002, only five cities in the country had gas infrastructure, all 81 provinces now have such access, Erdogan said. “The share of our population with access to natural gas has risen from 33 per cent to 85 per cent,” he noted.
Turkiye’s transition to clean energy remains a government priority, and the Climate Law adopted in July was an important move toward the 2053 net-zero emissions target, he added.
Turkiye will host the COP31 climate summit next year.
Fibre2Fashion News Desk (DS)
By
Reuters
Published
October 8, 2025
The Italian government cannot intervene in a future sale of a stake in the luxury fashion house Armani using its “golden powers,” even if a deal involved a foreign company, Italy’s industry minister told Reuters.
“Armani doesn’t fall within the scope of national security,” Adolfo Urso said on the sidelines of an event late on Tuesday when asked whether Rome could apply such measures. The so-called golden powers enable Italy’s government to block or impose conditions on foreign and domestic corporate acquisitions in strategic sectors, such as energy, telecommunications, and banking.
Urso noted that the late Giorgio Armani’s plans for the company he led for 50 years were clear and outlined in his will, indicating that current regulations do not allow government intervention.
In his will, Armani instructed that an initial 15% stake in the fashion house be sold within 18 months of his death and that an additional 30% to 55% stake be transferred to the same buyer or that the company seek a market listing.
The will gave priority to luxury conglomerate LVMH, beauty group L’Oreal and eyewear maker EssilorLuxottica, with which the fashion house maintains a commercial partnership.
Giorgio Armani, who built the brand into one of Italy’s most iconic fashion houses, died last month at the age of 91.
© Thomson Reuters 2025 All rights reserved.
Published
October 8, 2025
The Saudi Fashion Commission (SFC) has announced the third edition of its fashion week, to be held in Riyadh. From October 16 to 21, local and international designers will gather in the “city of oases” to present their collections. After sending several local labels to Paris and London earlier this year, the SFC hopes to bring fashion enthusiasts together within Saudi Arabia and strengthen the foundations of its flagship event.
More than thirty fashion shows and presentations are scheduled across the six days of the event, spanning couture and ready-to-wear in both womenswear and menswear. The couture scene will feature Saudi brands Tima Abid and Atelier Hekayat; streetwear will be represented by 1886 and its eclectic, US-inspired wardrobe; sustainability by Abadia and its elegant womenswear; and contemporary design by the elongated silhouettes of Hindamme. With this fashion week, Saudi Arabia intends to assert its status as a leading hub for fashion and culture, in the Middle East and beyond.
To this end, shows and presentations will take place at venues including the JAX cultural centre, the luxury Mandarin Oriental hotel, and the rooftop of the Al-Mamlaka restaurant.
The latest edition of Riyadh Fashion Week is organised in partnership with Cenomi Centers, the country’s largest shopping centre operator, which operates 21 malls in ten cities across Saudi Arabia. Saudia Airlines also joins the list of partners, at least for this year.
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The Union Minister of State for Textiles Pabitra Margherita inaugurated the 4th Global Cotton Conference in New Delhi on October 7. Margherita also released a White Paper on Cotton titled ‘Cotton 2040: Shaping the Future Through Technology, Climate Resilience and Global Competitiveness’ jointly developed by the Confederation of Indian Textile Industry (CITI) and the Indian Chamber of Food and Agriculture (ICFA) on the occasion.
Union Minister of State for Textiles Pabitra Margherita inaugurated the 4th Global Cotton Conference in New Delhi on October 7, releasing a White Paper titled ‘Cotton 2040.’
Organised by CITI, the Ministry of Textiles, and CCI, the event highlighted India’s leadership potential in cotton, focusing on technology, sustainability, and competitiveness.
The 4th Global Conference is being jointly organised by CITI, the Union Ministry of Textiles, and the Cotton Corporation of India as part of the World Cotton Day 2025 celebrations. The theme of the Conference is ‘Cotton 2040: Technology, Climate & Competitiveness’.
The International Labour Organization (ILO), the Cotton Textiles Export Promotion Council (TEXPROCIL), and CITI-CDRA are supporting the program. The Indian Chamber of Food and Agriculture is the Knowledge Partner.
In 2021, the United Nations General Assembly officially recognised October 7 as World Cotton Day in recognition of the vital role played by cotton in society.
In his address, Margherita said India must strive to attain leadership position in quality, sustainability, and ethical production. The Kasturi Cotton initiative has the potential to contribute immensely to the ‘5F’ (farm-fibre-factory-fashion-foreign) vision of the Government, he pointed out.
The Minister said India and Russia could forge deeper ties in the textiles and apparel arena. He added that the government was committed to the welfare of farmers.
CITI chairman Ashwin Chandran said India has the potential to dominate the global cotton economy. Cotton Corporation of India CMD Lalit Kumar Gupta stressed on the need for improving the yield of the Indian cotton sector. He added that there was a need to accord more focus on innovation, improved farm practices, and the use of technology.
TEXPROCIL vice chairman Ravi Sam said cotton remains a pillar of India’s textile sector. He said that 63 per cent of India’s apparel exports are cotton-based.
Textile Commissioner Dr M Beena reiterated that a focus on technology and innovation is the need of the hour. Federation of Seed Industry of India vice chairman Dr Rajvir Singh Rathi highlighted the role of the seeds ecosystem in the development of India’s textile sector.
Cotton Analytics global consultant Dr Terry Townsend underlined the importance of the cotton sector in the global economy and how greater use of technology could mitigate the impact of climate change.
CITI deputy chairman Dinesh Nolkha delivered the Vote of Thanks at the session.
Cotton is one of the most important commercial crops cultivated in India, lies at the heart of the country’s textile ecosystem, and is a source of livelihood for millions of farmers and those engaged in related activities. However, the cotton sector in India lags in productivity compared to many of its peers, CITI said in a release.
For the benefit of lakhs of cotton growing farmers, India’s FY26 Budget had announced a ‘Mission for Cotton Productivity’. “This 5-year mission will facilitate significant improvements in productivity and sustainability of cotton farming and promote extra-long staple cotton varieties. The best of science & technology support will be provided to farmers. Aligned with our integrated 5F vision for the textile sector, this will help in increasing incomes of the farmers and ensure a steady supply of quality cotton for rejuvenating India’s traditional textile sector,” Union Finance Minister Nirmala Sitharaman had said in her Budget speech.
Fibre2Fashion News Desk (HU)
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