December 2023

The Global Net-Zero Export Credit Agencies Alliance is launched during COP28

The Global Net-Zero Export Credit Agencies Alliance is launched during COP28

Unveiling at COP28, the Net-Zero Export Credit Agencies Alliance (NZECA) is a first of its kind worldwide effort including public financial institutions. It was called upon by the United Nations (UN). This alliance is dedicated to assisting the shift to net-zero economies by 2050. It was formed in collaboration with the UN Environment Programme Finance …

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Integra Dresses becomes the 204th green factory in Bangladesh with its USGBS Gold certification

Integra Dresses becomes the 204th green factory in Bangladesh with its USGBS Gold certification

Bangladesh has established itself as a global pioneer in the production of eco-friendly clothing, with 204 factories holding the US Green Building Council’s (USGBC) LEED accreditation. According to the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), Integra Dresses Limited, situated in Gazipur, is the most recent company to receive a green tag. The company earned …

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Report claims that the cost-of-living crisis is hurting holiday season sales

Report claims that the cost-of-living crisis is hurting holiday season sales

Even though this is the busiest time of year for retailers, worries about the cost of living this year still have an impact on consumers’ propensity to spend and shop. Retail analytics firm MRI Software reports that last week’s foot traffic at all UK retail locations decreased by 3.8% from 2022 levels. Naturally, the entire …

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Flipkart's Spoyl introduces official Archies memorabilia

Flipkart’s Spoyl introduces official Archies memorabilia

The Gen Z-focused fashion destination Spoyl, part of the e-commerce behemoth Flipkart, has debuted an official clothing line for the upcoming Netflix movie “The Archies.” More than 300 designs covering clothing, accessories, and footwear are included in the collection. Zoya Akhtar is the director of The Archies, which will debut exclusively on Netflix on December …

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Primark is investing €50 million to expand its retail network in Italy.

Primark is investing €50 million to expand its retail network in Italy

Primark, a British clothes retailer, is to open five new stores as part of its €50 million investment to increase its retail presence in Italy. In an open letter, Primark Italy’s director, Luca Ciuffreda, announced this development and the company’s plan to expand to 20 locations in the area in the next years. The development …

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MycoWorks will install YUME YUME in the museum in Amsterdam.

MycoWorks will install YUME YUME in the museum in Amsterdam

MycoWorks, a San Francisco-based company that is credited with creating the biomaterial ReishiTM, has teamed up with YUME YUME, a conscious design collective, to exhibit an installation at the Stedelijk Museum in Amsterdam. The exhibit, titled #16 Descent into Fungal, provides a unique and immersive look at how humans have manipulated mycelium, the basic building …

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The government acts to keep an eye on the Indian market for recovered textiles

The government acts to keep an eye on the Indian market for recovered textiles

To track goods made from regenerated fibres and assess the development of the circular textile economy, the Indian government is about to start implementing tracking systems for the country’s import and export of recycled textiles. Since recycled textile products are not included in the present set of tariff codes known as HSN (Harmonized System of …

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