Daily Newsletter

13 September 2023

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Daily Newsletter

13 September 2023

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Subscribe

Investors, NGOs urge Nike to pay Cambodia, Thailand garment workers $2.2m

US sportswear brand Nike is under fire from its investors, NGOs and factory workers for its alleged refusal to pay more than 4,000 garment workers $2.2m in unpaid wages and benefits dating back to 2020.

Isatou Ndure September 12 2023

Nike is under fire for allegedly refusing to pay 4,000 garment workers during the pandemic. Credit: Shutterstock.

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Latest news

Inditex books 40% jump in H1 profit, praises ‘robust’ business model

Zara-owner Inditex was among the first retailers to raise prices in response to the rise of inflation but reports a 13.5% rise in revenue compared to last year for the period spanning from 1 February to 31 July, due to robust sales in the spring and summer collections.

13 September 2023

Signal: Sportswear firms prolific in filing robotics apparel patents

When it comes to the apparel and footwear sector, sportswear firms including Nike and Asics have dominated robotics patent filings over the last 20 years.

13 September 2023

Spinnova, Renewcell to commercialise textile waste fibres by 2025

Finnish fibre maker Spinnova has joined forces with Swedish textile recycling innovator Renewcell to develop and scale what they describe as a "first of its kind" textile waste-based fibre that can be spun into new fibre without harmful chemicals.

13 September 2023

Businesses unite to lower Scope 3 emissions in supply chains

The We Mean Business Coalition, in collaboration with sustainable and environmental firms such as BSR, CDP, Ceres, EDF, the SME Climate Hub, and the Science Based Targets initiative (SBTi), has unveiled the Supplier Cascade initiative, aimed at expediting the reduction of Scope 3 emissions within the supply chains of businesses.

13 September 2023

Alpine Group, FibreTrace to enhance fashion supply chain transparency with digital product passport

Apparel manufacturer, Alpine Group, has announced a strategic partnership with traceability solutions provider, FibreTrace, to bring unprecedented transparency to Alpine Group's supply chain, whilst engaging brands and accelerating positive change across the fashion industry.

13 September 2023

EBRD faces complaint for funding Uzbek cotton producer accused of ‘exploitation’

Non-governmental rights and social justice organisation Uzbek Forum for Human Rights (Uzbek Forum) assisted by Bankwatch Network has filed a complaint against the European Bank for Reconstruction and Development (EBRD) for funding an Uzbekistan cotton producer, Indorama Agro, which it claims has carried out "labour rights violations."

13 September 2023

Traditional AI is here to stay in the retail and apparel space

Initially, retailers used AI for basic tasks, including inventory management and demand forecasting. However, its usage has now become more prevalent in other aspects such as personalized marketing, customer service, pricing optimization, and supply chain management. With the rise of ecommerce and the increasing importance of data-driven decision-making, AI adoption in retail and apparel has accelerated. The industry now relies on AI to enhance the shopping experience, optimize business operations, and gain an overall competitive edge.