Latest Articles in Business

SANE Standard – Driving Sustainable Change in the Fashion Industry

SANE Standard is dedicated to helping brands navigate the growing challenges of sustainability and ethics in the fashion industry. As consumers demand more transparency, brands must ensure that their products meet high standards for environmental impact, workers' rights, and consumer health. SANE provides a comprehensive certification process...

BusinessPress Release

Gildan Rings the Opening Bell on the New York Stock Exchange

Montreal – Gildan Activewear Inc. (GIL: TSX and NYSE) announced today that its President and CEO, Glenn J. Chamandy, rang the Opening Bell® on the New York Stock Exchange (NYSE) to mark the Company’s 40th anniversary as well as its 25th anniversary of being listed on the NYSE. He was joined on the podium by members of the Company’s senior...

BusinessPress Release

New Upstream Circularity Playbook Presents a Blueprint for Scaling Textile Recycling in Manufacturing Countries

Global Fashion Agenda (GFA), with support from Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) and the H&M Foundation, has launched the Upstream Circularity Playbook, now available in six languages. This comprehensive resource draws on extensive case studies across multiple countries to provide a globally accessible, step-by-step...

BusinessPress Release

EURATEX and AMITH sign Memorandum of Understanding to strengthen Euro-Mediterranean partnership in the Textiles industry

Today, EURATEX (the European Apparel and Textile Confederation) and AMITH (Association Marocaine des Industries du Textile et de l'Habillement) signed a Memorandum of Understanding (MoU) during the 21st edition of Maroc in Mode (MIM 2024) in Casablanca. This MoU aims to foster deeper collaboration and mutual growth within the European and...

BusinessPress Release

First nine months of 2024: revenues and EBITDA continued to grow, despite the degraded environment

Today, Lectra’s Board of Directors, chaired by Daniel Harari, reviewed the consolidated financial statements for the third quarter and the first nine months of 2024, which have not been reviewed by the Statutory Auditors. To facilitate the analysis of the Group's results in its new scope, the accounts of Lectra excluding Launchmetrics (the...

BusinessPress Release

Bangladesh Climate Action Forum 2024 unites global stakeholders dedicated to advancing collective Climate Action in Bangladesh

Dhaka, Bangladesh — The Bangladesh Climate Action Forum 2024 was successfully held at the Radisson Blu Water Garden Hotel on 10th October 2024. Over 450 delegates from across the globe came together to foster dialogue, collaboration, and actionable strategies to advance Bangladesh's sustainability goals. The Bangladesh Apparel Exchange (BAE)...

BusinessPress Release

Fashion Brand Holzweiler Joins Forces With Kezzler and Trimco Group to Implement Digital Product Passport

Holzweiler, the Oslo-based family-run fashion house known for its innovative and sustainable designs, has taken the step that not many dare to take. In partnership with Trimco Group and Kezzler they tackle sustainability goals by adopting the Digital Product Passport (DPP), as early adopters. This strategic move positions Holzweiler at the...

BusinessPress Release

Trimco Group and Kezzler partner to offer a seamless DPP solution for the textile & footwear industry

Today marks a new chapter for the apparel industry. Since Ursula von der Leyen's 2019 announcement of the Digital Product Passport (DPP), brands have faced uncertainty over the new regulatory requirements mandating detailed traceability for sustainability. The complexities of compliance have overshadowed the promise of unlocking significant...

BusinessPress Release

The LYCRA Company publishes its 2023 Sustainability Update, reports on progress versus 2030 goals

The LYCRA Company, a global leader in developing durable, sustainable and innovative fiber and technology solutions for the apparel and personal care industries, has announced the publication of its third annual Sustainability Update and its abridged Global Sustainability Scorecard for fiscal year 2023. These documents detail the company's...

BusinessPress Release

Lectra announces a strategic partnership with Six Atomic

The Group aims to leverage Artificial Intelligence to rethink product design and development in fashion Lectra announced today a strategic partnership with the Singapore-based company Six Atomic. As a major player in the fashion, automotive and furniture markets, Lectra contributes to the Industry 4.0 revolution by providing software, cutting...

BusinessPress Release

The LYCRA Company Presents Seminars on Sustainable Elastane Solutions at the 63rd Dornbirn Global Fiber Congress

The LYCRA Company, a global leader in developing innovative and sustainable fiber and technology solutions for the apparel and personal care industries, announced today that company representatives will give presentations at the Dornbirn Global Fiber Congress (GFC), September 11 - 13 in Dornbirn, Austria. These presentations cover two key...

BusinessPress Release

Cascale’s New CEO Spotlights the Urgency for the Consumer Goods Industry to Go Further to Tackle the Climate Crisis

Colin Browne, new CEO of the global nonprofit alliance Cascale, today unveiled critical insights to help the industry take a more targeted approach to decarbonization. Addressing over 600 leaders across the textile, apparel, and wider consumer goods industry, Browne used his first Annual Meeting as CEO to set out practical, strategic data-driven...