-
LONDON - British sustainable fashion start-ups Colorifix and Spintex have made the shortlist of this year’s Postcode Lotteries Green Challenge.Photo: ColorifixIt means they are in with a shout of receiving the €500,000 (US$563,000) top prize at the international sustainability competition’s final in September.Colorifix has created a new and innovative sustainable dyeing technique that aims to revolutionise the textile dyeing industry.Source:Eco Textile
-
At a recent virtual roundtable in Mumbai, United Kingdom-India Business Council (UKBIC) managing director Kevin McCole signed a memorandum of understanding (MoU) with Maharashtra Industrial Development Corporation (MIDC) chief executive officer P Anbalagan to help the state proactively improve its business environment and strengthen its collaboration with British businesses.Speaking on the occasion, Kevin McCole, UKIBC, said: “This, I think, is vitally important because, as our economies and soc
-
LEICESTER - Fast fashion brand Boohoo has been dropped by major retailers Asos, Next and Zalando over concerns for the pay and conditions of garment workers in its UK supply chain factories.The company this week had more than £1.5 billion wiped off its stock market value following allegations that conditions in its supplier factories in Leicester had contributed to a coronavirus spike that saw the city put back into lockdown.Meanwhile, an undercover reporter for the Sunday Times claimed that one
-
Vietnam has faced a 14.5 percent decline year-on-year to over $10 billion in textile and apparel export in the first 5 months of the year, country’s General Office said this on 2ndJune. However Vietnam targets 5 percent annual GDP growth in 2020.Figure: Vietnam apparel export decline by 14.5 percent. File PhotoUnited States, the European Union, Japan, South Korea and China are among its largest market. In first two months of the year Vietnam’s export of garments and textile products reached $5.3
-
IntroductionFashion is one of the key industries that is currently being redefined by digital disruption. This phase of digital disruption has not been good news for traditional players in the industry.Traditional fashion companies and brands have been slow to adapt to this new shift and are feeling the heat. This change is to react to the shift from offline to online sales, which innovative digital technologies accelerated.Figure 1: The impact of this disruption can be seen everywhere in the fa
-
LONDON – The Ethical Trading Initiative (ETI) and FairWear have published joint guidance for brands on how to conduct their supplier relationships during the COVID-19 pandemic.The COVID-19: Loss of Jobs and Wages Series is based on four webinars which lay out guidance to member brands on upholding their responsibilities to workers in supply chains during the pandemic.ETI and Fair Wear have also published a handbook, consolidating learning from the webinars, which covers situations such as where
-
FESPA Global Print Expo will no longer take place in Madrid in October 2020, due to the continued public health risks and business disruption caused by the global COVID-19 pandemic. FESPA will now host its next flagship international event at the RAI Exhibition Centre in Amsterdam, The Netherlands, from 9-12 March 2021, again co-locating FESPA Global Print Expo, European Sign Expo and Sportswear Pro.© FESPA.FESPA CEO Neil Felton explains: “In March 2020 we took the decision to delay FESPA Global
-
After the EU Council adopted a decision on the conclusion of a free trade agreement (FTA) between the EU and Vietnam, almost complete (99%) elimination of customs duties between the two blocks will come into force.Figure: The FTA will also lessen many of the current non-tariff barriers to trade with Vietnam.The FTA will also lessen many of the current non-tariff barriers to trade with Vietnam and open up Vietnamese services and public procurement markets to European Union companies.This new gate
-
USA apparel import under The Central America-Dominican Republic Free Trade Agreement (CAFTA-DR) has gone down by 35.72 per cent in values and 38.21 per cent in volumes during Jan.-May ’20 period.The 6-nation bloc which includes Guatemala, El Salvador, Honduras, Costa Rica, Nicaragua and Dominican Republic shipped 739.11 million SME garments to USA worth US $ 2,170.04 million.Honduras, the top exporter of apparels to USA from the Central American region, fell 42.57 per cent to ship US $ 610.28 mi
-
24,000 jobs gone in 6 months in the UK’s high street! And if industry experts are to be believed, this is just the tip of an iceberg.Image Courtesy: walesonline.co.ukIt was expected considering several British fashion bigwigs have collapsed into administration especially after the pandemic onslaught since March this year.But numbers as big as 24,000 is indeed shocking.The numbers were confirmed by Centre for Retail Research or CRR.To add to these numbers, CRR stated that another 31,628 retail jo