All Trade & Sourcing articles – Page 9
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ArticleCotton Trust Protocol partners with TextileGenesis blockchain
The U.S. Cotton Trust Protocol will launch initial pilot testing with select farms and mills in June 2021 and has partnered with blockchain platform TextileGenesis to provide full supply chain transparency. In combination with the existing protocol platform developed by Memphis-based technology partner The Seam LLC. , the ...
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ArticleTimberland to set up regenerative rubber supply chain for footwear
Timberland , along with parent company VF Corp. and sister brands Vans and The North Face , is partnering with Terra Genesis International in Thailand to build the footwear industry’s first regenerative rubber supply system. Timberland plans to pilot its first regenerative rubber footwear in 2023. ...
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News briefs
Shipping company Maersk sees tight market conditions until Q4
The world’s largest container shipping company Maersk expects tight market conditions in maritime transport to continue until the fourth quarter of 2021. When commenting on its trading performance, the company said that “the continued strong performance is mainly driven by the continuation of the exceptional market situation with surging ...
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News briefs
Emerald launches B2B e-commerce platform
Emerald Holding , organizer of the Outdoor Retailer ( OR ) and Surf Expo trade shows, among others, today announced the launch of the new Digital Market technology platform from its Elastic Suite division. Emerald had acquired PlumRiver , the international provider of the Elastic Suite ...
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OpinionDigital is here - but what is it missing for the Ingredient Sourcing Industry?
The one positive thing agreed is that Covid-19 has accelerated the transformation to digital. It has offered more than a stop-gap solution, but has it provided a complete solution? If this question had been asked 18 months ago, everyone had made plans for a digital version this decade, but not ...
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News briefsJack Wolfskin pushes digitization of its supply chain logistics
Jack Wolfskin integrated a forwarder booking API into the cloud-based SCM software OSCA from Setlog , a German provider of customized supply chain management (SCM) solutions, into its transportation process earlier this year. The brand’s suppliers have since been able to transfer new transport bookings via the interface ...
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ArticleItalian tanners issue warning about rising raw material costs
The Italian tanners’ association, Unic , is warning about the “destabilizing” impact of a sharp increase in the price of raw materials. In recent weeks, the cost of raw hides and skins has increased in “a generalized and almost unreasonable way,” while tanneries face a sharp decrease in demand, ...
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ArticleVietnam predicts $20 billion in leather and footwear exports in 2021
Vietnam’s Leather, Footwear and Handbag Association (Lefaso) expects its industry to achieve exports of more than $20 billion this year after suffering from a decline last year due to the impact of the Covid-19 pandemic on supply chains, consumption and trade. Last year, Vietnam’s export turnover of ...
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ArticleTaiwan’s 2020 exports: It’s all about e-bikes
How did Taiwan’s valuable bicycle and e-bike unit and value exports master challenging 2020 - the so-called “Corona Year One”? Export statistics published by the Taiwan Bicycle Association (TBA) provide detailed information.
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ArticleBSI calls on German government to revise Supply Chain Act
In a public statement, the German Sporting Goods Industry Association (BSI) criticizes the German government’s draft law on due diligence (we reported earlier ), which has just cleared the first legislative hurdles. The bill aims to force companies to comply with human rights in their supply chain. It targets ...
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ArticleGermany plans to protect human rights with Supply Chain Act
On March 3, the German federal government approved a bill that aims to force local companies to respect human rights in their global supply chain. Parliament is expected to pass the draft legislation, commonly referred to as the Supply Chain Act , by the middle of the year. The ...
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ArticleVF Foundation releases first Impact Report
The VF Foundation , the philanthropic arm of VF Corp. established in 2004 with global headquarters in Denver, has released its first report detailing the positive impact its financial grants and philanthropic partnerships have had on more than four million people in 53 countries over the past year. From ...
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News briefs
ZDHC Gateway integrates Open Apparel Registry Facility ID
ZDHC is deepening its collaboration with the Open Apparel Registry (OAR) by implementing the OAR’s Facility ID in the ZDHC Gateway platform via an API connection. The OAR is a free, neutral, open-source tool that maps garment facilities worldwide and assigns unique facility IDs. The OAR ...
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ArticleSAC and Higg release a new value-chain tracker
About 500 brands – among them Walmart , Patagonia , Nike , H M , Zalando , Benetton and VF Corp. – will be using the latest version of the Higg Brand Retail Module ( BRM ) for the next two years. Developed by the ...
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News briefsPerformance Days and Reed launch global digital sourcing platform
Design Development Textile Consult , the organizer of Performance Days in Munich, and Reed Exhibitions ’ Functional Fabric Fair powered by Performance Days , its U.S. counterpart since 2018, have announced the launch of Performance Days Loop . The new digital platform provides access to a comprehensive, ...
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News briefsKuehne + Nagel buys Chinese freight company
The Swiss logistics group Kuehne + Nagel has entered into a binding agreement to acquire the Chinese freight forwarder Apex International Corporation . According to the German Handelsblatt , experts value the transaction between US$1.5 billion (about €1.2 billion) and US$2 billion (€1.6 billion). This is the largest acquisition in ...
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News briefs
Pelican Products hires VP of worldwide supply chain
On Feb. 1, Jeffrey Goldberg assumed his position as vice president of worldwide supply chain at U.S. protective case manufacturer Pelican Products . In this new position, Goldberg is responsible for supply chain policies, strategies and practices that help achieve Pelican’s global manufacturing goals. His focus is on supplier ...
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ArticleDelivery problems take their toll on multichannel supplier Rose Bikes
After an extremely successful 2020 fiscal year with a 34 percent increase in sales, the Corona pandemic’s economic effects are now hitting German B2C bicycle supplier and retailer Rose Bikes . The Bocholt-based company speaks of a “lack of delivery reliability on the part of Asian component manufacturers. This has ...
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ArticleReGenerative Agriculture: How natural ingredient sourcing can create a climate positive garment
ReGenerative Agriculture (ReGenAg) is becoming a buzzword with several brands: Patagonia is using this type of cotton, Finisterre is sourcing the wool, Timberland – the leather, while The North Face (TNF) has already launched product using this wool but is currently integrating the cotton within ...
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News briefsWoolmark launches online sourcing guide
The Woolmark Company has launched the first edition of The Wool Lab Digital , a new online platform for its fabric and yarn sourcing guide for use by suppliers as a digital showcase and by buyers as a key sourcing service. The release of the digital tool coincides with ...
