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Sustainability

Introducing Team Estonia's Paris 2024 Uniforms

The Team Estonia Collection for Paris 2024, designed by Reet Aus, is made from 100% recycled materials and features a Digital Product Passport for full transparency. The uniforms reduce water, energy, and CO2 emissions, showcasing a commitment to circular design and sustainability.
Recover
August 11, 2024
Sustainability

Brands Faltering on Climate Accountability, Action; Average Score of Top 250 Brands Stands at 18/100

For all the sound and fury on climate change and climate change continuing to wreak havoc in all parts of the globe, as many as 32 of the 250 brands rated 0% in terms of their emissions accountability, says a Fashion Revolution report.
TexFash
August 2, 2024
Sustainability

EU backs Lenzing's CELLFIL to replace synthetic fibres with Lyocell

The Lenzing Group is spearheading the CELLFIL project, supported by approximately $7.452 million from the EU, to scale up lyocell filament production. Partnering with RTDS Group and 13 other organizations, the project aims to replace synthetic fibers with eco-friendly lyocell. As part of Horizon Europe, CELLFIL seeks to advance the textile industry towards a circular economy.
Fibre2Fashion
July 31, 2024
Sustainability

Textile Brands Marathon from LatAm at the Olympics: Here's How the Uniforms Were Made

Latin American textile brands are present at the Paris 2024 Olympics and have been preparing for months to meet the high volume of garments required for the competition.
Bloomberg
August 9, 2024
Economy

China's goods trade surges 6.2% in Jan-July 2024

During the first seven months of 2024, China's goods imports and exports increased by 6.2% year-on-year in yuan terms. Exports grew by 6.7%, while imports rose by 5.4%. In US dollar terms, total trade reached $3.5 trillion, and the trade surplus expanded by 7.9% to $518 billion.
Fibre2Fashion
August 11, 2024
Economy

USDA reports significant cotton carryover & sales shifts for 2024-25

The USDA reported that 979,900 running bales of Upland cotton were carried over from the 2023-24 marketing year. Net sales reductions for the 2024-25 year totaled 949,600 RB, with increases in countries like India and Mexico offset by reductions in China and Pakistan. Exports for the period ending July 31 totaled 11,070,400 RB, a 6% decrease year-over-year.
Fibre2Fashion
August 9, 2024
Sustainability

US Scientists Make Strides in Water Use Efficiency for Climate-Resistant Cotton

Research from Clemson University in the US is shedding light on how to make cotton more climate-resilient through improved water use efficiency.
TexFash
August 12, 2024
Logistics

Amazon v. Walmart: Two Industry Behemoths Battle Over AI

Amazon and Walmart both use AI to improve operations and customer experience, but Amazon focuses on optimizing inventory and warehouse operations, while Walmart enhances product search and inventory management.
Sourcing Journal
August 9, 2024
Economy

Brazil's cotton prices reach new highs in July amid limited supply

In July 2024, cotton prices hit their highest monthly average since March 2024, driven by limited supply and firm seller pricing. Despite this, some sellers reduced prices to move the 2022-23 crop or secure short-term cash. The monthly average price of BRL 4.0793 per pound (~$0.71) increased by 3.76% from June and 3.1% from July 2023.
Fibre2Fashion
August 6, 2024
Sustainability

Sedex launches products to drive supply chain sustainability in 2024

Supply chain sustainability provider Sedex is debuting three data-driven tools in 2024 to empower businesses to meet the evolving ESG challenges.
Just Style
August 1, 2024
Economy

ICE cotton remains under pressure, touches 4-year low

ICE cotton prices dropped to a nearly 4-year low due to favorable weather conditions and a downturn in equity markets. The December contract settled at 68.65 cents per pound, down 0.83 cents. Trading volume reached a 5-week high, with increasing open interest. Additionally, slight recoveries in the dollar index and crude oil prices added pressure on cotton.
Fibre2Fashion
July 25, 2024
Logistics

Port of Long Beach ‘Supply Chain Information Highway’ gets $7.9M grant

The Port of Long Beach received a $7.9 million grant to develop the Supply Chain Information Highway, a cloud-based system to improve cargo scheduling and coordination for over 200,000 shippers.
Freight Waves
July 31, 2024

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