Daily Newsletter

06 November 2023

Daily Newsletter

06 November 2023

Signal: X posts of the week – Clean Clothes Campaign, NCTO, Better Cotton

Top fashion industry-related posts this week range from Clean Clothes Campaign (CCC) urging fashion brands to support garment worker wage rises in Bangladesh to material science company Avery Dennison introducing Digital Product Passports as a Service (DPPaaS) in line with EU's upcoming legislation.

Shemona Safaya November 06 2023

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.

https://twitter.com/cleanclothes/status/1719364947681927239
Credit: Clean Clothes Campaign Twitter account

Clean Clothes Campaign (CCC), which is an apparel labour union alliance, has condemned what it describes as the “violent repression” of garment workers demanding a wage increase to 23,000Tk ($208) per month after garment worker Rasel Hawlader was allegedly shot dead.

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.

https://twitter.com/NCTO/status/1720108350233276688
Credit: The National Council of Textile Organisations (NCTO) Twitter account

The National Council of Textile Organisations (NCTO) has welcomed a call from Congressman Jeff Duncan for the US government to clamp down on the Section 321 de minimis loophole, noting that nearly three million de minimis shipments enter the US each day.

"Tariff-free imports skyrocketed in FY23 with more than one billion packages claiming de minimis preferences in the US," said Congressman Duncan.

https://twitter.com/BCICotton/status/1720050542120951849
Credit: Better Cotton Twitter account

The Traceable Better Cotton solution, which has been three years in the making, is said to offer a comprehensive view of cotton’s journey through the supply chain by documenting stakeholder input on the Better Cotton Platform.

Better Cotton worked closely with a consortium of member retailers and brands, including H&M Group, Marks & Spencer (M&S), WalmartTarget, Bestseller, Gap Inc, and C&A who all played a key role in the development of this solution.

https://twitter.com/AveryDennison/status/1719278086061977942
Credit: Avery Dennison Corporation Twitter account

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.

Avery Dennison says the DPPaaS sits within its digital solutions portfolio to bridge the physical and digital worlds through its intelligent labelling and atma.io connected product cloud platform.

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.

Womenswear and accessories segment set to witness rapid growth within the outdoor sportswear market

Per GlobalData estimates, the Eastern European food industry was valued at $180.5 billion in 2022 and is projected to grow at a CAGR of >4% by 2027. The top five companies together account for a value share of just 5.3% in 2022, with Mondelēz leading the pack. The Czech Republic, Poland, Romania, and Hungary were identified as high-potential countries, primarily due to the large size of their food industries, their high

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