Other top X posts this week came from the National Council of Textile Organisations (NCTO) calling the US administration out for action on the de minimis loophole and Better Cotton launching its traceability solution in a bid to transform the fashion industry.
The CCC says protests in Gazipur started after the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) put forward its proposal for the new minimum wage in the garment sector to be set at 10,400Tk (95$), which it explains is less than half of the trade unions’ demand of 23,000Tk ($208) per month.
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By GlobalData“Tariff-free imports skyrocketed in FY23 with more than one billion packages claiming de minimis preferences in the US,” said Congressman Duncan.
Better Cotton worked closely with a consortium of member retailers and brands, including H&M Group, Marks & Spencer (M&S), Walmart, Target, Bestseller, Gap Inc, and C&A who all played a key role in the development of this solution.
Avery Dennison’s DPPaaS solution aims to offer brand consultation, hardware, software, digital ID technology, physical labels, and support services to prepare for the forthcoming EU rules.
Our signals coverage is powered by GlobalData’s Thematic Engine, which tags millions of data items across six alternative datasets — patents, jobs, deals, company filings, social media mentions and news — to themes, sectors and companies. These signals enhance our predictive capabilities, helping us to identify the most disruptive threats across each of the sectors we cover and the companies best placed to succeed.