The report sought rules from the European Union (EU) Commission so that all players in the textile and clothing industry supply chain respect the labour and human rights of their workers. It also adds that the EU should lead by example and purchase their textiles from sustainable and fair producers.The Socialists and Democrats (S&D) are at the forefront of the fight against unsustainable work in order to avoid further tragedies such as the 2013 Rana Plaza factory collapse in Bangladesh.
“National initiatives like the German Partnership for Sustainable Textiles are a good and important base for a European initiative. The Commission must present an EU-wide regulation because trade does not only concern national markets. Trade policy is European policy,” said S&D MEP Arne Lietz.”The …
The past year has seen the beauty industry boom in India, especially online. However, with the new government budget’s higher tax rates, some fear a dampener could be put on thisคำพูดจาก สล็อตเว็บตรง. The Minister of Finance, Arun Jaitley, has proposed an increase in customs duty as well as the introduction of a ten percent welfare surcharge on basic customs duty.Many makeup products will be affected by these new rates including perfumes, hair dyes, and manicure and pedicure productsคำพูดจาก สล็อตเว็บตรง. Health and wellness products such as sunscreens will also…
“The H&M merch they made of me is trash and I didn’t approve it,” Bieber wrote in an Instagram story on Monday, encouraging his 270 million followers not to buy it.H&M said separately that it had removed the Bieber-related products from sale and they no longer appeared available in its online stores.
“We have followed all approval stages, but while we are still checking this with all concerned parties, items have been removed from selling,” an H&M spokesperson said in a written comment to Reuters.คำพูดจาก สล็อตเว็บตรง<…
The deal announced on Thursday highlights a trend among private equity funds, which after running out of big brands to buy, have locked on to the challenges of the luxury industry’s supply chain and turned to a “buy and build” strategy.Florence was founded in 2020 by VAM Investments, a private equity firm controlled by former Bulgari Chief Executive Francesco Trapani, who will stay on as Florence chairman.
Its current CEO Attila Kiss will also retain his role.With revenues of more than 600 million euros in 2022, Florence group…
The problem is that recycling textiles is a highly complex task and technical solutions are still in their infancy.NGOs warn the real problem is over-production, and that tech innovations may just provide cover for brands to continue pumping out billions of new clothes.
But the pressure to start recycling at massive scale is happening now.”Brands need to get to high levels of recycling at super-speed, and if they don’t, the EU will be giving them massive fines,” said circular economy consultant Paul Foulkes-Arellano.AFP spoke to multiple experts to see which ideas could make a difference.Many will fail, but here is a snapshot of current contenders that illustrate the different challenges in textile recycling.
Circ: unblending clothes
Most clothes are a blend of mater…
The Guardian reported that suppliers have “filed an official complaint to the Insolvency Service and are considering legal action” over what some claimed to be “a reckless approach” by the former private equity owners.It had been part-owned by turnaround specialist Alteri until it called in administrators from advisory firm Teneo last Monday. The owners had spent some months trying to sell the company after what the recovery driven by consumers turning to online retailers during the pandemic went into reverse when shops reopened.คำพูดจาก สล็อตเว็บตรง
The newspaper said that more than a dozen suppliers based mainly in Leicester and Manchester are owed mi…
Caught between the need to ensure their supply chain is increasingly environmentally friendly, and the necessity to preserve their know-how, top luxury players are seeking to take greater control over their production process. Some groups have acquired the most specialised manufacturers that produce for them. Other market players are pooling together various SMEs in order to create top-notch manufacturing hubs. LVMH is focusing its attention on a select number of priority suppliers, acquiring stakes in some companies when needed.“In our policy of forging close connections with suppliers, we favour long-term relationships. In some cases, when there are generational change issues, the heirs are no longer keen to pursue the activities of their parents. Alternatively, when there is limite…
The Index showed continued growth of online spending in early 2018, with smartphone spending especially strong (+38.5%). Fashion sales also managed a 14.9% rise, with accessories and footwear the top performers within this, rising 22.3% and 20.4% respectively. And health & beauty rose at the highest rate in five years (+33.85%) while gifts rose 9%.Yet the fact that more and more people are researching online rather than going there to simply buy meant that conversion rates fell to 4.2% from 4.6% a year ago. Conversion rates for both pureplay and multichannel retailers weakened, although that doesn’t necessarily mean bad news.
The fact is that everyone is spending much more time online just browsing and so conversion rates were always bound to dip. But as the sales rise shows, …
The owner of the W7 and Technic brands said that, subject to audit, it expects to report revenue of £48.5 million and adjusted profit before tax of £8.25 million for the year ended December 31. We won’t know the definite figures until April.There was no other detail but the year clearly didn’t end well. Last autumn, the company had said that it anticipated full-year revenue would be in the range of £48 million to £52 million so it has come in at the lower end of those expectations. And the profit figure had been forecast to sit between £8.5 million and £10 million so the company missed even the lowest end of that forecast.
What went wrong? In the autumn update, it had blamed the UK market, which accounted for 44% of group sales in the first half of the year, saying that…
Economists mostly said a free-trade deal between the two will be made and expectations that Britain will leave on March 29 without an agreement have barely changed over the past month.Growth slumped to 0.2 percent last quarter as Brexit worries hammered investment by companies and a global economic slowdown weighed on tradeคำพูดจาก Nhà Cái Casino Online. The February 8-12 Reuters poll said it would expand at the same rate this quarter.
Polls conducted by Reuters since the June 2016 referendum decision to leave the EU have consistently said a no-deal Brexit would be the worst outcome for the British economy.The chance of a no-deal Brexit nudged up only to 25 percent in the latest poll fro…