Daily Newsletter

11 December 2024

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Daily Newsletter

11 December 2024

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Spotlight

Bangladesh confirms 4% extra annual wage hike for RMG workers

Bangladeshi Government has sanctioned a 9% yearly pay increment for the ready-made garment (RMG) sector workforce, after workers staged protests calling for enhanced wages and benefits.

Latest news

Will sustainability influence apparel sourcing at all in 2025?

A new report from Source Fashion has revealed sustainability is moving lower down the list of priorities for companies and as the effects of the Covid pandemic wear off, businesses appear less willing to shift their apparel supply chains out of China and wider Asia.

11 December 2024

Exploring Italy as a sourcing base for clothing using recycled cotton

Italy's mainly premium and luxury apparel market has the advantage of being able to offset recycled cotton's higher production costs, but even in the luxury segment there are still supply chain bottlenecks that need to be explored and overcome.

11 December 2024

US apparel sector seeks cautious address of Nicaragua labour abuse

The US is investigating Nicaragua over alleged attacks on labour rights, however the US apparel sector has urged the US Government to proceed with caution as the region plays an important role in its textile and apparel supply chain.

11 December 2024

Amazon to ‘boost clothing credentials’ in first celebrity collaboration

Industry onlookers have responded favourably to recent news that Amazon has teamed up with US model and social media influencer Sofia Grainge on its first celebrity clothing collaboration.

11 December 2024

Germany’s Zalando plans to buy rival About You for nearly $1.3bn

German online fashion marketplace Zalando has proposed to purchase its rival About You for approximately €1.2bn ($1.3bn), to strengthen its position in the European fashion and lifestyle ecommerce market.

11 December 2024

New Shein advisory boards to bolster corporate responsibility and strategy

Shein has created two new advisory bodies comprising experienced international professionals who will furnish the retailer's executive team with guidance and strategic input to further its corporate responsibility goals.

11 December 2024

US retail sales up 0.15% in November, but clothing sales dip

US retail activity in November 2024 showed a slight increase on a month-by-month comparison despite key shopping days falling into December, says NRF president and CEO Matthew Shay.

11 December 2024