Hyosung TNC commercializes bio-based spandex
South Korean company Hyosung TNC reports success in extracting spandex from corn and commercializing the world’s first bio-based spandex. The bio-derived material, Creora bio-based, uses a natural material extracted from corn instead of coal. The material is certified by the U.S. Department of Agriculture and received the Eco Product Mark, ...
BKMEA and Stitch sign MoU to ensure gender sensitive workplace and fair price
With a new memorandum of understanding (MoU) signed by the Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) and Stitch, the associations express their aim to ensure gender-sensitive workplace and fair prices from apparel and footwear buyers. Part of the new project is the implementation of the Fair Price App, a ...
Under Armour releases 2021 Sustainability & Impact Report
Under Armour has released its 2021 Sustainability & Impact Report, which outlines a new sustainability framework, goals and targets. The report, aligned with the industry standards of the Global Reporting Initiative (GRI) and Sustainable Accounting Standard Board (SASB), outlines 23 goals and targets in three categories: Products, Home Field, and ...
Another strike at the largest port in the U.K.
The second strike in a few weeks at the Port of Felixstowe could put further strain on supply chains. The union called a nine-day strike on Tuesday Sept. 27. The Port of Felixstowe is the largest port in the U.K. Already last month, about 1,900 port employees participated in a ...
PGA Tour Superstore makes two changes at the top
There have been two executive changes at golf and tennis specialty retailer PGA Tour Superstore, as reported by our colleagues at the American edition of SGI. President and CEO Dick Sullivan has become executive chairman and CEO, and chief merchandising officer Jill Spiegel has become president.
Meta’s COO steps down
Sheryl Sandberg, who joined in 2008, is stepping down as COO of Facebook’s new incarnation, Meta. CEO Mark Zuckerberg writes in his “Note” of June 1 that rather than “replace Sheryl’s role in our existing structure,” he will be bringing the hitherto separate product and business groups closer together. Sandberg’s ...
