23 May 2024
23 May 2024
A recent Saturday Night Live parody about a fake ultra-fast fashion brand criticises consumers' buying habits, however NCTO president Kim Glas claims it also highlights the breadth of problems related to certain Chinese e-commerce companies.
With the EU elections set for 6-9 June Euratex director general Dirk Vantyghem says there are concerns extreme politics could take over, but there is also a new Industrial Deal on the horizon that will provide the detail on how to implement the recent surge of approved ESG legislation.
Investing in young fashion innovators can help bridge the gap between lab-scale innovations and the industry-wide adoption of sustainable solutions.
A survey by Optimove Insights, the analytical and research arm of Optimove found most consumers want less marketing so brands are being advised to strike a balance between staying "top-of-mind and respecting boundaries."
Türkiye has become more expensive than Europe and fears it has "significantly lost" competitiveness in its labour-intensive sectors such as apparel.
US apparel conglomerate VF Corp, the owner of shoe brands Vans, Dickies and Timberland reported a decline in sales for FY24 despite its turnaround efforts with an industry expert noting it will “take time” to strengthen brand perceptions.
Syre, the textile impact company launched by global investor Vargas and Swedish retailer H&M Group secured a $100m Series A funding round to finance the construction of a blueprint plant in the US and its first two gigascale textile-textile recycling plants in Vietnam and Iberia.
The Better Cotton Initiative is set to host its annual conference from 26 to 27 June in Türkiye, bringing together more than 200 representatives from across the cotton sector.
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