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Sustainability

US researchers uncover root traits of climate-resilient cotton

Clemson University researchers identified root traits that boost water efficiency in Upland cotton. Varieties like Deltapine 14 and Station Miller are more drought-resistant. The study aims to create water-efficient cotton for varying climates.
Fibre2Fashion
August 16, 2024
Economy

Monthly Cotton Economic Letter: August 2024

In August 2024, December NY/ICE futures dropped below 70 cents per pound for the first time since November 2020. The USDA reduced global cotton production estimates by 2.6 million bales, with ending stocks expected to be the highest since 2019/20. Record levels of exportable cotton may keep prices under pressure.
Sourcing Journal
August 15, 2024
Economy

Global cotton market sees price decline over past month

Global cotton prices have dropped recently, with December NY/ICE futures falling below 70 cents per pound for the first time since November 2020. The A Index is under 80 cents, China’s Cotton Index at 93 cents, and India’s Shankar-6 prices decreased from 88 to 86 cents per pound.
Fibre2Fashion
August 14, 2024
Sustainability

Beijing MatrixTech develops new thermal insulation material Y-Warm

Beijing MatrixTech’s Y-Warm is a new thermal insulation material with excellent durability and low thermal conductivity. It will be introduced in footwear this winter, providing improved insulation and comfort.
Fibre2Fashion
August 12, 2024
Economy

ASEAN on track to turn world's 4th largest economy by 2030: AEC

ASEAN is set to become the world’s fourth-largest economy by 2030, with GDP rising to $3.8 trillion in 2023. Intra-Asian trade leads at $3.5 trillion, and the region attracts $230 billion in foreign investment, though an aging workforce poses concerns.
Fibre2Fashion
August 8, 2024
Sustainability

Clariant's EnviCat selected for green ammonia facility in China

Clariant’s EnviCat Green catalyst will be used in a major green ammonia project in China, boosting efficiency and supporting sustainable energy by producing high-purity hydrogen.
Fibre2Fashion
August 9, 2024
Sustainability

Fashion for Good, 7 Partners Launch Project to Accelerate NextGen Footwear Innovations and Circularity

Fashion for Good has launched a collaborative ambitious initiative aimed at accelerating the next generation of footwear innovations needed to drive circularity spanning four workstreams across the supply chain from materials to end of use.
TexFash
August 6, 2024
Economy

Levi’s Is Giving Away a Lifetime Supply of Jeans

Levi’s is holding a sweepstakes offering a "lifetime supply of jeans," with the grand prize being 70 $300 gift cards, worth about $21,000. The sweepstakes is open to Levi’s Red Tab members, with entries available via QR code in stores, the Levi’s app, or the sweepstakes website.
Rivet
August 9, 2024
Economy

Indian Telangana state pitches Warangal textile park to S Korean firms

In Seoul, Telangana's Chief Minister A. Revanth Reddy promoted Warangal's textile park to South Korean companies, receiving enthusiastic responses from Korean firms.
Fibre2Fashion
August 12, 2024
Sustainability

Swedish Scientists Closer to Convert Clothes into Textile Muscles

Ongoing work on ‘textile muscles’ has been further strengthened as researchers develop haptic sleeves that give an extra boost during heavy lifting, enable ‘remote’ hugs, help the visually impaired navigate the urban environment, and also complement VR in gaming.
TexFash
August 12, 2024
Logistics

US ports face potential record surge in inbound cargo in August: NRF

US container ports might experience a near-record surge in inbound cargo as retailers expedite imports before a potential strike at East and Gulf Coast ports. June saw a 17.7% year-on-year increase in TEUs, with July and August expected to each reach 2.34 million TEUs. If these trends persist, 2024 could see a total of 24.9 million TEUs, a 12.1% increase from 2023.
Fibre2Fashion
August 9, 2024
Economy

Under Armour to pay $434M to settle lawsuit that claimed Kevin Plank misled investors

If approved, the agreement requires the retailer to keep its CEO and chair roles separate for three years and install a performance-based condition for some executive stock benefits.
Retail Dive
June 24, 2024

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