Top stories this week on just-style include a look at where the world’s key sources of denim fabrics are, H&M’s move to shelve its digitalisation reinvestment plans, and C&A Foundation’s decision to put its philanthropic work in Myanmar on hold in the wake of what it called evidence of ongoing persecution and human rights violations by the country’s military against the Rohingya people.

H&M shelves digitalisation reinvestment plan
Swedish fashion retailer H&M has shelved plans to let shareholders reinvest their dividend payouts in new shares that would help finance investments in areas such as digitalisation, saying the move would be difficult to implement.

Where are the world’s key sources of denim fabrics?
With the recent announcement of closures of two denim mills in the United States, Robert Antoshak, managing director at Olah Inc, finds it timely to review the key sources of denim fabrics in the world.

C&A Foundation pauses Myanmar grant-making indefinitely
C&A Foundation has put its philanthropic work in Myanmar on hold in the wake of what it called evidence of ongoing persecution and human rights violations by the country’s military against the Rohingya people.

Who has signed the new Bangladesh ‘2018 Accord’ – Update
Nearly half of the 220 companies who signed the Accord on Fire and Building Safety in Bangladesh have now committed to the new agreement set to come into effect when the current programme expires in May. Here we list the signatories so far.

Gaps remain in India’s move towards sustainability
India’s textile and garment industry is making strides in ensuring ethical compliance and environmental standards in its factories. Yet gaps still exist, and filling these will be key if it is to reach its full potential, cement long-term relationships with brands, and compete more effectively in Asia.

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