23 October 2024
23 October 2024
EuRIC Textiles, a branch of the European Recycling Industries' Confederation (EuRIC), and the non-profit Municipal Waste Europe (AISBL), report that Europe's textile sorting and recycling industry is facing "immense pressure" due to an oversupply of used textiles and a sharp drop in demand from traditional export markets.
Analysts predict an increased polarisation in the global fashion market in 2025 as economic pressures will see some shoppers trade down while others invest in better quality.
The OECD has outlined six strategies for companies to address living income and wage gaps in garment, footwear and agriculture supply chains, emphasising responsible business conduct and the importance of implementing robust policies.
The latest insights from the student affinity network UniDays suggests Gen X students will be a significant market opportunity for the fashion sector as 99% of them plan to spend an average of £150 ($207.62) on new clothing and accessories over the next six months.
A year on from Bangladesh garment worker protests for higher wages, labour union organisation Clean Clothes Campaign (CCC) has called for the legal cases against worker groups and protesters to be dropped and for global fashion brands to stand up for their supplier's workers.
UK fashion retailer Primark has joined forces with Waste and Resources Action Programme (WRAP) in a new three-year partnership that aims to reduce textile waste and extend the lifespan of clothing.
Re-Viste, a new circular textile and footwear management system formed by major retailers, will pilot a waste collection and recycling project in Spain next year with the aim of revolutionising textile waste management through collaboration and innovation.
Finnish alternative fibre supplier Spinnova Plc is partnering with Helsinki-based brand ASK Scandinavia to launch an eco-friendly, sustainable handbag to the market in 2025.
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