END OF FAST FASHION ERA IN EUROPE?
The apparel industry accounts for 10% of global greenhouse gas emissions; less than 1% of clothing is recycled currently, leading to increasing landfill and pollution....
Tag : perfect sourcing
Asos Sees Profits
Asos has hailed a return to profitability as its turnaround strategy delivers, despite posting a 14% drop in revenue. The online fashion giant said adjusted...
Colorjet Pavillion at ITMA 2023 inaugurated by Minister of Textiles
Smt. Darshana Jardosh, Hon’ble Union State Minister of Textiles & Railways along with Mr. Rohit Kansal (Additional Secretary in the Ministry of Textiles, Government of...
Levi Strauss & Co. Appoints New Levi’s® Brand Chief Marketing Officer
LS&Co. announced Kenny Mitchell as its New Chief Marketing Officer of the Levi’s® brand, effective June 5. Kenny will be responsible for advancing the brand’s...
Bangladesh Sees Good Demand in Non-Traditional Markets
Exporters said that amid the global economic slowdown and declining demand in the western countries, Bangladesh’s apparel exports to the non-traditional markets has seen growth...
DuPont™ Artistri® Inks announces partnership with Colourtex
DuPont™ Artistri®, a global leader in digital inkjet inks with more than 30 years of innovation, is transitioning the production and supply of Artistri® reactive...
LVMH Sees Good Sales
LVMH continues its run into 2023 with sales of 21.03 billion euros in the first quarter. The luxury giant recorded an organic increase of 17%,...
Corporate sustainability reporting directive (CSRD) Gets Green Signal
The European Commission presented the CSRD proposal on 21 April 2021 as part of the European Green Deal and the Sustainable Finance Agenda. The Council...
EU Reduces Sourcing from China
Europe’s apparel imports from China have been falling since July-September 2021, but the pace of decline increased in April-June quarter of this year. The trend...
Aditya Birla Group to bring French luxury department stores Galeries Lafayette to India
The first two Galeries Lafayette stores will open at Fort in Mumbai and DLF Emporio in Delhi, respectively. Each of the stores will bring more...