Egypt apparel exporters optimistic for H2 despite impact of Red Sea crisis
The disruption to shipping through the Red Sea by Yemen’s Houthi militants is having a mixed impact on Egypt's apparel exporting industry.
21 February 2024
21 February 2024
The disruption to shipping through the Red Sea by Yemen’s Houthi militants is having a mixed impact on Egypt's apparel exporting industry.
Global fashion infrastructure company PDS Limited is expanding its partnership with 'George', the fashion label under the umbrella of Asda by acquiring its sourcing operations in Türkiye and providing “Sourcing as a Service” in Europe, the Middle East and Africa (EMEA) region for clothing, footwear and accessories.
Projected growth rates for US cotton over the next two years are set to be well below the recent historical average on the back of weak demand, according to the National Cotton Council of America.
The Industry We Want (TIWW), a multi-stakeholder initiative by Fair Wear, the Ethical Trading Initiative (ETI), and the Sustainable Apparel Coalition (SAC), has released the 2024 scores of its Industry Dashboard which showed a lack of consistent progress across the industry and a critical need for shared supply chain responsibility and collaboration.
US sports brand Skechers has opened a high-tech warehouse in Japan with automated storage and retrieval systems (ASRS) company Hai Robotics that aims to maximise operational efficiency, fulfilment speed and order accuracy.
British fashion retailer White Stuff is weighing the potential sale of its business after an unsolicited takeover proposal from a potential buyer.
The Recimap project, spearheaded by the Bespoke Factory Group and funded by Valencian Agency for Innovation has been launched in Spain to recover polyester and lactic acid from poly-cotton textile waste in an attempt to tackle its environmental challenges in the fashion industry.
US senator Marco Rubio has written to the Securities and Exchange Commission (SEC) in the US, urging for "additional disclosures" from fast-fashion giant Shein regarding its business operations and associated risks as a condition for entry into the US public securities market.
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