News briefs – Page 2
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News briefsNew industrial park for garments and yarn to open in Kyrgyzstan
A large industrial and logistics park is currently being constructed in the Kara-Suu district of the Osh region, in the Central Asian country of Kyrgyzstan. The park will feature three production sites for knitwear garments, knitted fabric and yarn, Fibre2Fashion has reported. The first to open will be an export-oriented ...
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News briefsInditex pulls out of Myanmar
Inditex, the Spanish parent company of several fast fashion brands including Zara, Massimo Dutti, Bershka and Oysho, is to stop sourcing clothes from Myanmar. The company is following the example of other companies such as Primark and Marks & Spencer. The reason is a campaign by the global union IndustriALL ...
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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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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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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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News briefsYKK launches 3D configurator
YKK, the global fastening manufacturer, along with Vntana, a 3D Infrastructure Platform, has announced the launch of a 3D trim configurator to make it easier for brands to visualize trim options, design trims, and generate item codes instantly. The new platform, YKK Trim Creator, aims to bring standardization and efficiency ...
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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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News briefsHummel takes new steps to protect textile workers in Pakistan
Danish sportswear brand Hummel has taken a step forward in its commitment to worker safety by signing the Pakistan Accord. The initiative, which is part of the expanded International Accord for Health and Safety in the Textile Industry, of which Hummel is already a member, aims to ensure a safe ...
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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 ...
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News briefsIndia-Australia trade agreement comes as a relief to Indian textile exporters
The India-Australia Economic Cooperation and Trade Agreement, which came into force this week, is expected to be a “big relief” for Indian textile exporters, according to the Confederation of Indian Textiles Industry. Under the agreement, Australia will offer India duty-free access for about 96.4 percent of its exports (by value) ...
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News briefsAvient introduces technology to track fiber origin in polyester and polyamide textiles
Avient Corp. has announced the launch of a new fiber tracer technology called Cesa, designed to help producers and brand owners confirm the source of fiber, verifying the information provided on labels. The Cesa tracer concentrates contain special taggants incorporated into fibers during the spin-dyeing process and are customized to ...
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News briefsNike steps up fight against bots and resellers
Nike continues to fight against resellers and is currently specifically targeting punishing buyers who use shopping bots to manipulate the market. The Wall Street Journal first reported earlier this week on the company’s change to its U.S. online sales policy, which tightens existing anti-resell terms. It now states that orders ...
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News briefsBleckmann opens new distribution center in the Netherlands
Dutch logistics company and supply chain management expert Bleckmann is opening a new fulfillment center in Venlo to increase its capacity in Europe’s logistics hotspot. A lease agreement for around 30,000 sqm has been signed with Prologis. Operations for the first customers have already started, and further implementations are to ...
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News briefsAlibaba.com offers new service for European B2B buyers
Alibaba.com, Alibaba Group’s B2B marketplace, is launching a new B2B service called Alibaba.com Select, aimed at retailers, distributors, wholesalers, medium and large enterprises in Europe that already import from China or are interested in doing so. According to “The Future of B2B E-Commerce: Online Platforms,” an independent study by ...
