How Türkiye’s textile market is overcoming high inflation, labour costs
Türkiye's textile manufacturers reveal a new set of opportunities that are helping the sector to overcome high inflation and manufacturing costs.
24 April 2024
24 April 2024
Türkiye's textile manufacturers reveal a new set of opportunities that are helping the sector to overcome high inflation and manufacturing costs.
As Bangladesh marks 11 years since the tragic Rana Plaza building collapse, the EU has voted in favour of the Corporate Sustainability Due Diligence Directive that will hold fashion brands to account for how both their suppliers and workers are treated in future.
The European Parliament has approved new legislation that will prohibit the sale, import, and export of goods manufactured using forced labour within the EU from 2027.
Luxury fashion parent company of Coach and Kate Spade, Tapestry, Inc. maintains "full confidence" in its deal to acquire rival Capri Holdings Limited despite the US' Federal Trade Commission (FTC) suing on concerns of market domination.
Shareholder Browning West has criticised Canadian clothing company Gildan Activewear's recent board of directors reshuffle stating it had “not earned the right” to hand-select its replacement directors.
Retail supply chain management solutions provider TradeBeyond has announced an update to its traceability solution thanks to the harnessing of artificial intelligence which allows global brands and retailers to improve visibility and reduce risks in their supply chains.
Textile manufacturer Ventile has issued further developments as part of its ongoing joint venture with the Egyptian Biodynamic Association [EBDA] as it implements measures to support organic and regenerative farming and improve soil health for cotton.
Artificial Intelligence (AI) software company Smartex has revealed its 2024 Modern Textile Factory (MTF) committee to discuss enhancing supply chain efficiency through the establishment of a robust data highway that connects all tiers of the supply chain.
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