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Market Buzz& Industry News

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Court rules that Ali Enterprises fire was arson

09/24/2020

A Pakistani court has ruled a garment factory fire in 2012 that killed more than 260 workers was in fact arson and not accidental as it sentenced two former political party activists to death for starting it.

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Fashion sees lasting e-commerce upside from pandemic

09/24/2020

The global fashion and accessories industry was one of the winners in the shift to e-commerce due to the pandemic, new figures show.

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Audit majors refuse to help firms with Xinjiang supply chain links?

09/24/2020

Five supply chain auditing giants have said they will not help companies vet their supply chains in China's Xinjiang regions due to the complexity of determining whether they are involved in forced labour of Uyghur Muslims.

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New initiative to cut energy use in Vietnam tier-1 suppliers

09/24/2020

Netherlands-based IDH-the Sustainable Trade Initiative has partnered with the Apparel Impact Institute to launch a programme in Vietnam aimed at reducing the negative impact of the apparel sector on the environment in line with the Paris Agreement and science-based targets (SBTs).

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DuPont and Eastman team on green fabric project

09/24/2020

DuPont and Eastman have collaborated on a new sustainable fabric collection.

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Bestseller and Spinnova explore new fibre collaboration

09/24/2020

Danish multi-brand retailer Bestseller is teaming up with Finnish fibre producer Spinnova on a joint product development initiative to determine which of the fashion company's ranges will best suit its new sustainable wood-based fibres.

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Huntsman advances sustainable polyester production

09/23/2020

Chemicals manufacturer Huntsman Textile Effects says mills that have adopted its all-in-one Eriopon E3-Save textile auxiliary for polyester processing have collectively saved more than 130m litres of water.

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World merchandise trade slumps in second-quarter

09/24/2020

World merchandise trade volumes slumped by 14.3% in the second quarter of the year, as Covid-19 containment measures affected economies around the world, according to new figures from the World Trade Organization (WTO).

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OESH Shoes develops 100% recyclable sole

09/23/2020

US sustainable footwear company OESH Shoes has developed a 100% recyclable shoe sole using 3D printing and thermoplastic polyurethane (TPU) materials by Huntsman Textile Effects.

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US lawmakers vote for action against Xinjiang forced labour

09/23/2020

The US House of Representatives has voted overwhelmingly to take comprehensive action against the import of apparel and other goods from China's Xinjiang Uyghur Autonomous Region - a move US apparel industry executives have previously warned would cause massive upheaval and supply chain disruption.

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China defends Xinjiang's "tremendous efforts" on human rights

09/23/2020

China has hit back at allegations over its treatment of Uyghur Muslims in Xinjiang by saying its actions in the region are focused on counterterrorism and anti-separatism.

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Nike sees permanent digital shift as online sales soar 82%

09/23/2020

US sporting giant Nike says the shift to online sales could be a permanent trend after it revealed an 82% increase in digital sales in the first quarter.

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Infrastructure and financial viability hamper textile recycling

09/23/2020

The European Outdoor Group (EOG) says it is apparent that more can be done to understand the practices of recycling specifically undertaken within the textile supply chain after conducting research to inform the development of collection and sorting infrastructures.

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Congress approves ten-year renewal of CBTPA trade pact

09/23/2020

The American Apparel and Footwear Association (AAFA) has welcomed the passage of legislation this week that will extend the Caribbean Basin Trade Partnership Act (CBTPA).

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Gender inequality in apparel industry going unnoticed

09/22/2020

Apparel companies have a critical role to play in driving gender equality and women's empowerment. But a new study has deemed current corporate disclosure around gender efforts is "woefully insufficient", particularly at supply chain level.

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Pilot to probe hidden Bangladesh RMG supply chains

09/23/2020

GoodWeave International, a non-profit working to end child, forced and bonded labour in global supply chains, has launched a new project to provide marginalised apparel workers in Bangladesh with immediate Covid-19 relief and conduct research on the impact of the pandemic. 

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Aldo UK bought out of administration

09/22/2020

The UK arm of footwear retailer Aldo has been acquired by Bushell Investment Group (BIG), saving 150 jobs and creating an additional 50 roles across the business over the next 12 months.

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US Cotton Trust Protocol opens doors to growers

09/23/2020

American cotton growers can now join the US Cotton Trust Protocol, a new standard for verifying the sustainability progress of US cotton.

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Kingpins online sourcing hub to launch next month

09/23/2020

The organisers of the Kingpins Shows are gearing up to launch a centralised online sourcing hub for denim supply chain members, brands and denim buyers alike.

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Joules encouraged by Q1 sales beat

09/23/2020

The board of British clothing retailer Joules says it is encouraged by the group's performance with sales ahead of expectations, despite an 18% decline on last year.

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