EU member states sought to significantly dilute the European Supply Chain Act. A majority of countries voted to apply the human rights protection law only to companies with more than 5,000 employees, instead of the previous threshold of 1,000, the member states announced. In addition, the turnover threshold was to be raised from 450 million...
Jun 24, 2025
As military tensions escalated between Israel and Iran, global trade held its breath. At the heart of concerns was the Strait of Hormuz, the strategic maritime corridor through which nearly one-third of the world's oil passes. If this passage were to be blocked or seriously disrupted, the repercussions would not be limited to energy markets. The...
An new open-source and free to use toolkit has been developed by the Global Fashion Agenda (GFA) and Deloitte to share a meaningful inventory of industry impacts for guidance on strategy assessment. It keeps fashion sustainability teams in mind to help them understand, measure and leverage large amounts of data to drive positive change,...
Jun 23, 2025
Concerns over tariffs have yet to be calmed, as US consumers and retailers alike remain pessimistic in regard to the impact of rising prices. 27 percent of US consumers polled by TransUnion, a credit reporting agency, expressed worry about their household finances for the next 12 months - but they are not alone. Retail executives across the...
Jun 19, 2025
Luxury group Hermès announced that it has started work on its 26th leather goods workshop in Charleville-Mézières, in the Ardennes region of France. This is part of Hermès’ development plan for manufacturing centres across France; the company also announced the creation of leather goods workshops in Colombelles (Normandy), L'Isle d'Espagnac...
Jun 16, 2025
Bangladesh’s garment industry seeks to shed its low-cost, large quantity image as it aims to capture higher-value business. At Best of Bangladesh, a fair and conference in the heart of Amsterdam, manufacturers and government officials advertised the world’s second largest garment producer’s transition, hoping to gain more business amid global...
Jun 5, 2025
Shein, the global ultra-fast fashion behemoth known for releasing thousands of new styles weekly at rock-bottom prices, announced this week that its climate targets have been officially validated by the Science Based Targets initiative (SBTi). The retailer has pledged to reach net-zero greenhouse gas emissions by 2050, with interim targets that...
May 28, 2025
On May 26, Luca Sburlati, the president of the Italian textile association Confindustria Moda, signed a memorandum of understanding (MoU) aimed at tackling illegality and exploitation in the local fashion production chain. With this, the Confindurstria Moda thus confirms its full willingness to collaborate with public institutions and other...
May 27, 2025
A new survey by Transform Trade has found that “unfair practices are rife in fashion businesses” when working with Indian garment manufacturers. Among the behaviours reported, the organisation said that it found evidence of brands refusing to raise prices in line with cost increases and demanding extra price reductions despite production being...
May 22, 2025
By blocking imports of Bangladeshi garments via land, India is indirectly closing off its neighbour’s access to its ports and airports, which are essential for its global exports. The decision appears to be a form of diplomatic retaliation. On May 17, 2025, India announced the suspension of several Bangladeshi imports via its land border posts,...
May 20, 2025
Madrid – Spanish company Recover, the spin-off of Valencian firm Hilaturas Ferre specialising in the production of recycled cotton fibres, continued to expand its operations. It sealed a strategic partnership with US-based Intradeco. This alliance aims to boost both companies' business models in the Americas sustainably. It will do this through...
May 15, 2025
The Australian Fashion Council (AFC) and clothing manufacturing company R.M. Williams have established a new partnership to develop what would be Australia’s first-ever National Manufacturing Strategy. The duo intend to mobilise efforts to “rebuild and future-proof” the local fashion and textile industry in the pursuit of building up a globally...
May 12, 2025