More about Sourcing – Page 4
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News briefsBrooks has a new partner in latest move towards responsible sourcing
Brooks Running is to partner with the global SaaS platform for supply chain traceability and compliance, TrusTrace. The move will deepen visibility across Brooks’ manufacturing supply chain and help identify and mitigate responsible sourcing and business continuity risks, with the aim of creating a more sustainable business. TrusTrace CEO and ...
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News briefsGlobal demand for “Made in China” increases on Alibaba.com
Chinese online wholesale marketplace Alibaba.com reported on its blog that cross-border demand for “Made in China” goods on its platform rose 33 percent year-on-year in the first half of 2023. Cross-border trade with Europe and the United States partially recovered through Alibaba.com between January and June, supporting continued rapid growth ...
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News briefsReport highlights investment needed in materials supply chains for net-zero conversion
Global decarbonization goals have sparked a “materials transition.” A new report by management consulting firm McKinsey & Company explains the actions that will be required in materials supply chains to safeguard the speed of the transition. According to the report, with the decarbonization trajectory trending toward 2.4°C, ...
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News briefsFESI raises alarm over stalled GSP Trilogue Negotiations
The Federation of the European Sporting Goods Industry (FESI) has expressed concern over the breakdown of negotiations on the Generalized System of Preferences (GSP). FESI strongly believes that the GSP regulation is the most important element of the EU’s trade and sustainable development policy. It has been shown to help ...
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ArticleCoats launches new footwear division
Coats, the UK-based manufacturer of industrial yarns and structural components for apparel and footwear, has launched a new footwear division following its acquisition of Texon and Rhenoflex in 2022. Following a period of integration, Coats Footwear was launched, offering an expanded range of components and material solutions to footwear and ...
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ArticlePangaia and Goldwin first to join Spiber’s “Biosphere Circulation” program
Japanese biotechnology start-up Spiber has introduced the “Biosphere Circulation Program,” a breakthrough method for upcycling biobased and biodegradable textile and agricultural waste through the use of the company’s proprietary fermentation technology. The main objective of the program is to develop a global solution to produce fully recyclable textile products that ...
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News briefsYKK’s accelerates efforts to achieve Sustainability Vision 2050
YKK Corporation has increased the number of sites that have converted 100 percent of their electricity consumption to renewable energy by 20 sites from FY21 to FY22. This brings the total to 31 sites worldwide. As part of the YKK Sustainability Vision 2050, a set of sustainability goals to achieve ...
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ArticleEU Parliament votes in favor of supply chain act, FESI calls for improvements
With 366 votes in favor of the law and 225 against (38 abstained), the EU Parliament in Brussels voted in favor of the European version of the Corporate Sustainability Due Diligence Directive (CSDDD) on June 1. The EU Parliament wants companies within the EU to be required to more strictly ...
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ArticleNike to transport goods with hydrogen-powered inland container ship
Nike has launched the world’s first hydrogen-powered inland container ship, the “H₂ Barge 1.” The vessel will transport Nike products for Europe and operate between Rotterdam in the Netherlands and Nike’s European Logistics Campus (ELC) in Belgium. Source: Nike H₂ Barge 1 Across Europe, 99 percent of ...
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News briefsVietnam’s textiles exports fell double digit in first four months of 2023
Vietnam’s textile and apparel exports fell 18.1 percent to $9.72 billion in the January-April 2023 period, according to preliminary data from the customs IT and statistics department of the Department of Customs under the country’s Ministry of Finance. Yarn exports during the first four months of 2023 dropped 32.9 percent ...
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ArticleHDE calls on EU to take more cues from German supply chain law
On the occasion of the European Parliament’s Legal Affairs Committee voting in favor of the current compromise text on the EU Supply Chain Act (Corporate Sustainabilitiy Due Diligence Directive), the German Retail Association (Handelsverband Deutschland, HDE) has raised the alarm that the proposed supply chain regulation will overburden small and ...
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ArticleTrusTrace partners with Kharon to optimize forced labor risk management
The Uyghur Forced Labor Prevention Act (UFLPA) and similar laws developing globally are driving companies to significantly improve their ability to identify forced labor in the supply chain. TrusTrace, a global SaaS company operating a product traceability and compliance platform, announced a strategic partnership with Kharon, a provider of research ...
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ArticleFashion for Good introduces sustainable Dyestuff Library
Fashion for Good (FFG), a platform for sustainable fashion innovation, has unveiled the Dyestuff Library, a digital tool that enables partners to select sustainable dyes for commercial use based on performance and environmental criteria. The library, which will accelerate the shift from harmful chemistry to more sustainable options by providing ...
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News briefsActivist platform calls on Nike to be more transparent about supply chain labor conditions
According to Reuters, London-based activist shareholder platform Tulipshare is calling on Nike to provide more transparency about working conditions in its supply chain and disclose whether the company’s policies actually meet its stated justice goals and human rights commitments. The group, which owns 276 Nike shares and wants to help ...
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News briefsThe key topics at Supply Chain Forum Amsterdam 2023
The Supply Chain Forum, part of the PI Apparel conference series, will return to Amsterdam on May 30-31. The key topics at the event, held at the Postillion Convention Centre Amsterdam, will include: The greening of the fashion supply chain, with special attention to the EU Green Deal; the impact ...
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News briefsTrusTrace with first hire in the U.S.
Source: TrusTrace Apurva Bhargava, new Head of U.S. Operations TrusTrace, a Swedish SaaS company that provides a product traceability and compliance platform for retail and fashion companies, has announced its first hire in the U.S. with the appointment of Apurva Bhargava as head of U.S. operations. Bhargava’s ...
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News briefsA second edition for Italy’s sports textile industry show Texstile
The second edition of Texstile – Italian Action Style, an event dedicated to the Italian sports textile industry, will take place at the Palavela in Riva del Garda, Italy, on May 22-23. The inaugural show in 2022 attracted more than 200 business operators, invited by 20 exhibitors, of which 90 ...
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ArticleIntersport Sweden partners with Canopy to protect the world’s forests
Intersport Sweden – the country’s leading sporting goods retailer, founded in 1968 and with nearly 100 stores – has announced a partnership with the non-profit organization Canopy to promote forest-friendly supply chains. The aim is to set important signs for the world’s forests, species and climate. Intersport Sweden thus joins ...
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ArticlePerformance Days: Exciting developments push recycled and biobased fibers
Performance Days will showcase exciting improvements in recycled and biobased synthetic fibers. Here is a preview.
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News briefsAmer Sports partners with Sourcemap on transparency
Sourcemap, a New York-based specialist in supply chain transparency and traceability software, has announced that Amer Sports will leverage Sourcemap’s supply chain transparency solution to collect transaction certificates for certified materials and independently verify the company’s and its subsidiaries’ entire chain of custody, from raw material to finished product. Amer ...
