18 July 2024
18 July 2024
The first phase of implementing the Corporate Sustainability Due Diligence Directive (CSDDD) could be as early as 2027 so Cascale and Worldly are urging fashion companies to start preparing their corporate due diligence programmes.
Mostafiz Uddin, MD of Denim Expert in Bangladesh, points out when it comes to garment worker safety, Bangladesh continues to be scapegoated. But is the lack of focus on other garment producer nations making for a precarious situation?
Pre-loved shopping platform Depop hopes the removal of its 10% selling fee for US users will encourage a wider audience to sell their secondhand clothing to its online community.
India’s new Bharatiya Janata Party (BJP)-led government plans to incentivise fresh investments in the country’s apparel manufacturing sector.
UK retail conglomerate Frasers Group saw revenues and profits decline in FY24, but its CEO Michael Murray is confident in the group's strategy and wider partnerships despite industry onlookers noting consumer interest in its core markets have waned.
The European Textile and Clothing industry (Euratex) has welcomed the proposed reforms to the EU's customs system but highlights successful reform will require the EU's de minimis exemption to be abolished immediately.
While unsurprised at VF Corp's move to offload the Supreme brand, industry onlookers have been taken aback by the "unexpected buyer," adding motivations behind an eyewear specialist group acquiring a "hip" streetwear brand are unclear.
Activewear brand Tala, founded by entrepreneur Grace Beverley, and led by CEO Morgan Fowles has secured £5m ($6.5m) of investment to expand the business internationally.
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