Trade & Sourcing – Page 5
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Lenzing suspends 2022 earning outlook over market deterioration
The Lenzing Group has announced that, because of “the drastic deterioration of the market environment in the current quarter,” it has suspended its guidance for the development of earnings in the 2022 financial year. The specialist fiber manufacturer specifically referred to “the extremely low visibility on the demand side and ...
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ZDHC releases its third Impact Report
The Zero Discharge of Hazardous Chemicals (ZDHC) Foundation has released its 2021 Impact Report, which, according to the organization, shows positive results for the fashion industry. Based on manufacturing suppliers who tested and reported all their wastewater results on the ZDHC Gateway in October 2021, 98 percent of manufacturing suppliers ...
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New HeiQ AeoniQ yarns made from Circulose pulp instead of polyester and nylon
HeiQ of Switzerland and the Swedish sustaintech company Re:NewCell have joined forces to commercialize 100-percent circular and bio-based high tenacity filament yarns as viable replacements for fossil fibers such as nylon and polyester on a large scale. Together, the two companies are pursuing a vision of a circular and bio-based ...
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Christoph Engl: “It cannot be a dogma that Europe is always a better production site”
In a detailed post on LinkedIn, CEO Christoph Engl explains the production strategy of the Oberalp Group. In the text, originating from a speech at the Oberalp Convention, Engl argues against seeing Europe as a better production site in a global comparison. He also announces his intention to make suppliers ...
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YESS pilot project: Yarn and fabric manufacturers strive to end modern slavery
The Responsible Sourcing Network has released the results of the pilot of its flagship initiative YESS (Yarn Ethically & Sustainably Sourced). The pilot, which included virtual training and in-person assessments in India, Pakistan and Malaysia, has shown that manufacturers can track all their cotton through their systems, from the fabric ...
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Worst Covid-19 outbreak in China since Wuhan threatens supply chains
Even before the initial problems caused by the pandemic could be solved, the war in Ukraine created new ones. And now, despite all precautions, the Omicron BA mutant of Covid-19 is spreading rapidly in China. The epicenter of infection was the northeastern province of Jilin, on the ...
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Review: Slide/OTS Winter trade show 2022
The British Snowsport Tradeshow happened in central England last week, on the Welsh border, to allow relatively easy travel for everyone to reach the event. Building on previous events, the exhibition had also combined with the Outdoor Industry Association (OIA), so those outdoor brands had a chance to demonstrate their ...
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On to make running shoes from carbon waste
Swiss sports brand On, following its IPO in New York in mid-September, has announced a shift away from petroleum-based resources with the development of a new foam material called CleanCloud™. CleanCloud is made from carbon emissions as a raw material. On is the first company in the footwear industry to ...
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Review: Performance Days / Functional Fabric Fair Fabric Forum Jury
…or in other words: what will be seen in a year’s time! Quite a mouthful, but having seen over 1,000 samples of curated fabric swatches over the second half of a week – the Outdoor & Sports industry should be proud that lockdown did not stop the development of fabric. ...
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50 NGOs urge governments and companies to protect workers in Sri Lanka and Bangladesh
In a joint statement to the government and employers’ organizations of Sri Lanka and Bangladesh and apparel brands sourcing from those countries, over 50 organizations from around the world are urging to take immediate action to keep workers safe during the current new Covid-19 wave. In August, Bangladesh saw a ...
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EOG calls on companies to address global supply chain challenge with unity and tolerance
The European Outdoor Group (EOG) has appealed for unity and tolerance in the face of the ongoing global impact of the Covid-19 pandemic on supply chains. Following discussions at EOG board level, Mark Held, EOG president, issued a public statement on behalf of the association: Source: EOG Mark ...
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Weather chaos in China and Europe results in more supply chain disruptions
Floods in Germany, the Netherlands, Belgium and China have caused disruptions in supply chains. The natural disasters paralyzed road, rail and sea traffic, putting deliveries ahead of the winter holidays at risk. According to preliminary estimates, the cost of restoring railroads in European countries will be up to $4 billion. ...
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Canada Goose to drop all animal fur by end of 2022
Source: Peta Germany Shortly after introducing its new Fur Buy Back program to recycle fur for apparel, Canada Goose announces its complete withdrawal from the use of real animal fur on its products in a press statement. Through a phased approach, Canada Goose will end its purchasing ...
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Supply Chain Act adopted by German parliament, EU to follow up with stricter rules
As expected, the German parliament passed the Supply Chain Act last week. The law, which aims to force companies to take responsibility for human rights abuses such as forced and child labor, forced evictions, oil pollution and land theft within their supply chains, will come into effect on January 1, ...
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Alchemie and HeiQ collaborate on high-performance finishing with less cost and chemicals
Alchemie Technology, a U.K.-based developer of a waterless, digital on-demand smart dyeing technology, announced its partnership with Swiss ingredients brand HeiQ, currently best known for its antiviral textile technology HeiQ Viroblock. The partnership was announced as Alchemie prepares for the production launch of its Novara multifunction digital finishing solution, which ...
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Myanmar: a cheap hotspot getting even hotter
Production in Myanmar has almost never been easy due to political circumstances. After the country experienced a boom in textile manufacturing with the beginning of the democratic process in 2012, the situation has worsened since the military coup on February 1 of this year to such an extent that a ...
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Cotton 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 TextileGenesis platform will ...
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Timberland 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. The supply system will eventually be ...
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Italian 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, Unic said ...
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Vietnam 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 footwear and handbags ...