February 2024

Innovations in technology will propel business at DS Printech China in 2024

The local digital and screen-printing markets are expected to grow further due to the growing need for personalized and high-quality printing solutions. This presents potential for both domestic and international businesses. DS Printech China, Asia’s leading digital and screen-printing platform, is rapidly approaching exhibitor registration. It will be held from November 11–13, 2024, at the …

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In the BBPI 2024 assessment, the apparel and footwear industry receives the highest partnership score

Based on information published by the Better Buying Institute, buyer-supplier partnerships have improved dramatically in the apparel and footwear sector since last year. In the 2024 Better Buying Partnership IndexTM Report, suppliers involved in global supply chains can evaluate the quality of their business partnerships with their brand, retailer, and other purchasing clients anonymously. Among …

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Prada Group joins the Fashion Task Force of the Sustainable Markets project

The Sustainable Markets Initiative’s Fashion Task Force, led by digital entrepreneur and pioneer of sustainable fashion Federico Marchetti, has welcomed Prada Group as a new member. Founded in 2021, the Fashion Task Force aims to accelerate the fashion industry’s transition to a more sustainable future through proactive programs. As a member, Prada Group will help …

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Three trade associations from Bangladesh join the worldwide cry for Red Sea safety

More than 105 trade associations representing the textile, retail, energy, agricultural, electronics, and medical industries have joined forces to safeguard trade with the Red Sea, which is now governed by the Houthis, a Yemeni rebel group, from future attacks. Apex trade associations from Bangladesh have already joined the global campaign. These include the Leathergoods and …

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According to BRC, there are 1,300 retail crimes in the UK every day

According to a recent report released by the British Retail Consortium (BRC), there are now 1,300 instances of violence and abuse every day in the UK against retail workers. According to the organization’s analysis, this amounted to a 50% increase in the incidence of retail violence for the years 2022–2023. Furthermore, throughout that same period, …

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New cotton seed varieties are supported by a House panel to increase productivity

India urgently needs new varieties of cotton seeds and plants acclimated to the soil and climate to increase cotton production, according to a recent report by the Parliamentary Standing Committee on Labour, Skill Development, and Textiles. According to data from the Ministry of Textiles, India possessed the world’s largest cotton acreage in 2022–2023—13,061 lakh hectares. …

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In January 2024, the China E-Commerce Logistics Index experiences growth

According to the China Federation of Logistics and Purchasing, China’s e-commerce logistics index increased to 112.8 points in January 2024, a 0.4-point improvement over the previous month. The spike in the logistics volume sub-index, which hit 125.3 points in January—the highest level seen in over two years—is one of the most noteworthy highlights from the …

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In Q32023, EU greenhouse gas emissions decrease by 7.1%

The third quarter of 2023 showed a notable 7.1% drop in greenhouse gas emissions in the European Union (EU), totaling 787 million tonnes of CO2-equivalents (CO2-eq) as opposed to 847 million tonnes during the same period in 2022. With the GDP only slightly fluctuating by -0.2%, this data, which was issued by Eurostat, shows a …

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Under Armour of the US debuts dual-mode footwear

Presenting Under Armour’s newest version of dual-mode sneakers made for every mode: the UA SlipSpeed Mega. With performance solutions that athletes never knew they needed but now can’t imagine live without, Under Armour hopes to inspire athletes. UA set out to create a multipurpose shoe that could become what the athlete needed it to be, …

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Brands from Kering are removed from Farfetch

To stop its portfolio brands—Saint Laurent, Gucci, Bottega Veneta, and Balenciaga—from being listed on the marketplace for purchases that are dispatched straight from the brands’ separate warehouses, Kering has ended its business relationship with Farfetch. According to rumors, Farfetch plans to provide premium goods on its website as a workaround and won’t be working directly …

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