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Daily Newsletter

22 November 2023

Daily Newsletter

22 November 2023

Sourcing opportunities for sustainable apparel ‘Made in the USA’ 

Research suggests sustainable “Made in the USA” apparel featuring recycled textile materials has growth potential.

Hannah Laurits and Dr Sheng Lu November 22 2023

Industry associations could consider developing more practical guidelines to streamline the certification process for recycled or other sustainable fibre content in garments. Credit: Shutterstock.

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

The global healthy snacks market will be valued at $74.6 billion in 2023 and is expected to grow at a CAGR of 6% by 2030, per GlobalData. Increasing awareness of health and wellness among consumers is the major contributor to the growing demand while a rise in vegan and plant-based diets and rising disposable income, and middle-class expansion are also expected to drive market growth. However, this growth is affected by the challenges posed by high cost of ingredients.

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