All Trade & Sourcing articles – Page 10
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News briefsPentland Connect cross-brand ordering platform attracts 1,200 retailers
With online shopping picking up during the Corona pandemic and retailers adapting to an unpredictable retail climate, Pentland Brands has expanded its B2B online offering through its Pentland Connect retail platform. Retailers can now order products from across the brand’s portfolio 24/7. According to the group, since its ...
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News briefs
K2 Sports upgrades North American B2B e-commerce with Elastic Suite platform
Emerald Holding, organizer of the Outdoor Retailer and Surf Expo trade shows, among others, announced that U.S. snowsports and outdoor company K2 Sports is now using Emerald’s Elastic Suite B2B e-commerce and digital merchandising solution for its U.S. and Canada markets. Emerald had just completed ...
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ArticleAnti-dumping duties on e-bikes from China do not benefit EU manufacturers as expected
Due to the anti-dumping and countervailing duties on Chinese e-bikes announced in mid-January 2019, e-bike exports from China to the EU shrank by 84 percent to 105,803 units the same year compared to 2018. While this double-digit decline was entirely at the expense of e-bike manufacturers in China, who were ...
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News briefsSchöffel launches digital brand experience for retailers
Schöffel has opened a “ Digital Brand Space ,” making its entire brand world a virtual experience. The German outdoor company’s retail partners can enter the digital, three-dimensional space at any time and from anywhere in the world and access information and photo and video material from the Schöffel ...
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News briefs
Fair Labor Association members will likely not source from and produce in the Xinjiang region
The Fair Labor Association (FLA) has prohibited its member companies from sourcing from and producing in the Xinjiang region, in northwest China, due to growing concerns over human rights and labor violations. The region is home to several ethnic minority groups, including the Uyghur people. Last year, the FLA ...
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ArticleU.K. signs free trade agreements with Turkey and the EU
The U.K. and Turkey have signed tariff-free trading arrangements and are committed to reach a ”more ambitious” agreement in the future, according to the British Department for International Trade. The free trade agreement was signed by the U.K.’s International Trade Secretary, Liz Truss and Turkey’s Minister for Trade, Ruhsar Pekcan, ...
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ArticleEU and China reach agreement on investments
After seven years of talks, the European Union and China have agreed in principle on an investment agreement after their leaders met on a conference call on Dec. 30. The parties had set the end of 2020 as the deadline to strike a deal. The European Commission said that ...
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News briefs
Tearfil chooses DuPont Sorona for performance staple yarns
Tearfil , the Portuguese specialist in textile yarns, will use Sorona fibers to develop sustainable and high-performing staple yarns for the apparel industry. Sorona is made up of 37 percent renewable plant-based ingredients. Compared with Nylon 6, Sorona uses 30 percent less energy, and releases 63 percent less greenhouse ...
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ArticleArc’teryx aims for Fair Trade certification
With a goal of having 80 percent of its products certified by Fair Trade USA by 2025, Arc’teryx has announced plans to convert three production facilities in Vietnam to Fair Trade Certified TM in the coming year. The move comes as part of the company’s response to ...
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ArticleU.K. reaches trade deal with Vietnam, agreement with EU unlikely
The U.K. has finalized a free trade agreement with Vietnam, which is scheduled to become effective from Jan. 1. It is the third trade agreement reached with an Asian country, after those with Singapore and Japan. The U.K. has also reached a preliminary trade agreement with Canada. The U.K. is ...
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News briefsMaterial Exchange closes €5m funding round to accelerate growth
Material Exchange , the Swedish online platform for the procurement of materials, raised €5 million in a funding round as it seeks to accelerate its growth plans after the “business exploded” during the Covid-19 pandemic. “The Covid-19 pandemic has accelerated the digitalization of the industry by at least five ...
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News briefs
Hybrid fabrics are growing fast
The hybrid fabrics market is expected to reach $418 million by 2027, representing a 9 percent CAGR (compound annual growth rate) growth from 2020 to 2027, according to a new study by Allied Market Research . Growth is primarily driven by the increasing success of lightweight fabrics, a surge in ...
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News briefs
VF partner factory installs solar panels
QuangViet, a factory in Vietnam that handles production for VF Corp.’s brand The North Face, finished installing 3MWp solar panels in July. The installation of further panels is planned for this autumn. The panels manage to convert about 90 percent of the sunlight they capture into electricity. The factory expects ...
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News briefs
Altexa launches HDry in North America
Matteo and Luca Morlacchi , the Italian brothers who invented the OutDry technology, which Columbia Sportswear acquired 10 years ago, presented a new waterproof and breathable membrane called HDry® at Ispo Munich 2020 with their company Altexa srl . Now, Altexa and GHS Holdings ...
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News briefs
Helly Hansen overhauls its IT
Helly Hansen is overhauling its computer system to smooth operations, cut costs and come into compliance with regulations in various countries. The Norwegian sports apparel and gear producer is stringing together the Infor M3 enterprise resource platform (ERP), the Salesforce customer resource management (CRM) platform, the Front ...
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News briefs
NGOs team up as Fashion Conveners
Fashion Conveners is the name of a new global coalition of non-governmental organizations (NGOs) that have teamed up to “accelerate collective action through connected partnership for all actors within the apparel and accessories value chain, building greater social, economic and environmental prosperity.” The partner organizations include: Apparel Impact Institute ...
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News briefsLenzing sends goods worth €1.8 million by train from Vienna to China
A train with goods exclusively “Made in Austria” left Vienna toward China on Aug. 20. The train loaded with Lenzing fibers and provided by Nunner Logistics was the first train in the history of Austria carrying products 100 percent produced in Austria directly to China. In strict ...
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News briefsLanxess sells organic leather chemicals business, launches bio-based Adiprene Green
The German specialty chemicals company Lanxess is selling its organic leather chemicals business to TFL Ledertechnik . The purchase price is made up from a fixed component of €80 million and a performance-related component of up to €115 million. In addition, TFL will assume certain liabilities associated with the ...
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News briefs
Checkerspot closes $36 million funding round
The U.S. company Checkerspot has closed a Series B financing round of $36 million, which will be primarily used for commercial development and the expansion of the company’s product and innovation platform. The financing was led by Viking Global Investors with participation from other existing investors including Builders ...
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News briefs
Scottish scientists develop new sustainable nylon production method
Researchers from the University of Edinburgh have developed a sustainable way of manufacturing adipic acid, a key component of nylon. The scientists modified the genetic code of the common bacteria E. coli in the laboratory. The modified cells were grown in liquid solutions containing guaiacol, a naturally-occurring chemical and ...
