Top stories this week on Just Style… - Just Style
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Top stories this week on Just Style…

26 Nov 2021 (Last Updated November 30th, 2021 12:04)

Top stories this week on Just Style include a new project that aims to establish a new textile waste value chain in India, and a look at how circular business models have the potential to claim 23% of the global fashion market by 2030. Elsewhere, Cambodia's new minimum wage for garment workers has raised concerns, and M&S has invested in brand partner Nobody’s Child.

Top stories this week on Just Style…

Here are the top stories on Just Style this week:

Project to build a new textile waste value chain in India
Adidas, Levi Strauss & Co, and PVH Corp are backing a new consortium project to understand both the pre-consumer and post-consumer textile waste streams in India, and to pilot sorting and mapping solutions.

Circular business models offer $700bn opportunity for fashion
Circular business models, in sectors such as rental and resale, have the potential to claim 23% of the global fashion market by 2030 and grasp a US$700bn opportunity, new research shows.

Cambodia minimum wage raise controversial post Covid-19
Cambodia raising its minimum wage for garment workers up to US$194 per month has raised concerns within the industry as Covid-19 delivered a turbulent year for this key outsourcing hub.

Fashion can become 80% circular with textile recycling investment
A new report from Global Fashion Agenda (GFA), the forum for industry collaboration on sustainability in fashion, claims the textile recycling opportunity offers the potential to drive up to 80% circularity in the fashion value chain, whilst also creating jobs and value for investors.

M&S takes 25% stake in brand partner Nobody’s Child
UK retailer Marks & Spencer (M&S) has taken a 25% stake in eco-conscious womenswear brand Nobody’s Child and will launch the brand in selected stores next year.