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Logistics

US Upland cotton sales down 8%, Pima up 32% this week: USDA

Upland cotton sales for 2024-25 fell 8% to 106,800 RB. Despite this, exports rose to 130,000 RB, with key markets being Pakistan and Vietnam. Pima cotton saw a 32% sales increase, though exports dropped by 40%.
Fibre2Fashion
September 19, 2024
Economy

US Fed lowers interest rates by 0.5 bps to 4.75-5%

The US Fed cut interest rates to 4.75-5% to address inflation, noting steady economic growth but a slight rise in unemployment. Future rate adjustments will depend on ongoing economic data.
Fibre2Fashion
September 19, 2024
Sustainability

PFAS a Barrier to Circularity, Underlines EEA Study

Textiles are one of the biggest sources of PFAS pollution in Europe though their use in most types of textiles is not a technical necessity, says a briefing by the European Environment Agency as it warns that PFAS in textiles can be a barrier to their longer use, reuse and recyclability, negatively influencing the sector’s shift to a more circular economy.
Texfash
September 19, 2024
Sustainability

UK's CMA Launches Green Claims Code for Fashion Industry, Advises 17 Brands to Review Practices

UK’s Competition and Markets Authority has promised a crackdown on greenwashing by fashion brands and even warned 17 of them to review their green claims. In doing so, it will help to make sure shoppers looking to buy ‘green’ can trust the claims they see.
Texfash
September 19, 2024
Economy

Sapphire Mills Enhances Stretch Fabrics with XLance

Sapphire Mills introduces sustainable stretch fabrics for workwear with XLance fiber, known for its eco-friendly properties and durability, perfect for industrial laundry and high-performance applications.
Rivet
September 19, 2024
Sustainability

UKFT Releases Report on Textile and Apparel Dyeing to Promote Collaboration Between Brands and Innovators

The UK Fashion and Textile Association (UKFT) has come out with a report that aims to encourage innovators, brands, retailers and manufacturers to work together so that the industry can collectively achieve environmental impact reduction goals.
Texfash
September 18, 2024
Sustainability

Ralph Lauren Releases 2024 Global Citizenship & Sustainability Report

Ralph Lauren’s 2024 report showcases progress with its Timeless by Design strategy, including 33% emissions reduction, new sustainable products, and the opening of a cancer prevention center.
Ralph Lauren Corporation
September 18, 2024
Sustainability

Fashion Moving in ‘Completely Wrong Direction’ With Synthetic Fibers

Fashion brands like Boohoo and Shein are ramping up synthetic fiber use, worsening environmental and health risks. Despite sustainability claims, many are criticized for increasing synthetic materials and perpetuating plastic pollution.
Yahoo News
September 18, 2024
Sustainability

UK Warns 17 Fashion Brands on Greenwashing

The country’s Competition and Markets Authority has written to ‘well-known’ labels advising them to review their practices after issuing a new compliance guide for the fashion sector.
Business of fashion
September 18, 2024
Sustainability

Neo opens upgraded emissions control catalyst plant in China

Neo Performance Materials invested $46.4 million to upgrade its Zibo, China plant for emissions control catalysts. The facility aims to meet stricter standards and reach full production by late 2024.
Fibre2Fashion
September 17, 2024
Sustainability

Sapphire Mills partners with XLANCE Srl on sustainable stretch technology

Pakistan's Sapphire Mills has teamed up with a polyolefin-based stretch yarn producer XLANCE Srl to revolutionise workwear by integrating XLANCE's sustainable stretch technology, providing enhanced durability and comfort.
Just Style
September 17, 2024
Sustainability

Canopy calls for $15bn to help India’s role in next-gen fibre industry

Global non-profit Canopy has identified a huge opportunity for India to lead the global alternative fibre industry and is calling for $13-15bn of investment to help the country transform agricultural and textile waste into low-carbon materials, reducing emissions and boosting green jobs.
Just Style
September 17, 2024

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