07 November 2023
07 November 2023
In the last week, member factories of the Bangladesh Garment Manufacturers Exporters Association were advised to shut shop as violent protests over minimum wages broke out.
The parent company of fashion retailer Primark, Associated British Foods (ABF), reports increased profits and sales in 2023 thanks to selective price increases amid rising inflation.
Hong Kong-based shirtmaker Esquel has been through some tough times of late, but its vice-chairman tells Just Style the company is optimistic about the future.
The Italian retail brand Diesel's Web3 and NFT-driven project brings the fashion world to the digital realm, connecting consumers with a seamless blend of physical and digital experiences as Globaldata patent data reveals that sporting brands are dominating the NFT patent arena.
The International Cotton Advisory Committee (ICAC) projects global cotton reserves will reach the highest level ever recorded in its 83-year history of data collection, with China’s 23/24 stocks expected to rise to 9.16m tonnes.
Global retailer Vince Holding Corp (Vince) shared plans of a transformation programme aimed at driving enhanced profitability through improved gross margin and optimised expense structure.
UK responsible sourcing show Source Fashion expects to double in size in 2024 with more than 320 exhibitors from around the world, including three new sourcing destinations.
SaaS platform, Reverse Resources (RR) and the Sustainable Trade Initiative (IDH), two prominent entities in the realm of sustainable fashion and textiles have partnered to establish a socially compliant recycling industry by leveraging India's domestic and global brands' supply networks.
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Per GlobalData estimates, the Eastern European food industry was valued at $180.5 billion in 2022 and is projected to grow at a CAGR of >4% by 2027. The top five companies together account for a value share of just 5.3% in 2022, with Mondelēz leading the pack. The Czech Republic, Poland, Romania, and Hungary were identified as high-potential countries, primarily due to the large size of their food industries, their high
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