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PENNSYLVANIA- Brands and retailers have refused to pay suppliers for more than $16 billion of orders since the outbreak of COVID-19, according to analysis of newly released import data.The Center for Global Workers’ Rights (CGWR) and the Worker Rights Consortium (WRC) used previously unpublished import databases to calculate that garment factories and suppliers lost at least $16.2 billion in revenue between April and JuneThey say suppliers in countries such as Bangladesh, Cambodia and Myanmar ha
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STOCKHOLM - Swedish start-up Material Exchange Ventures has announced a new partnership with the Hong Kong testing service, Eurofins Softlines and Leather, to provide greater transparency in fashion supply chains.The partnership combines the Material Exchange digital material platform with Eurofins' robust testing capabilities to provide a direct link for material suppliers to apply for testing while streamlining the supplier selection process for buyers.Suppliers within the Material Exchang
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Businesses all over the world are now facing fierce competition because of the liberalization of trade and globalization. Apparel Manufacturers are facing intensive global competition nowadays. Entrepreneurs are becoming more aware of the importance of modern management philosophy to provide the competitive advantage of the free-market system after the total abolition of the MFA in 2005.Figure 1:Efficient merchandising can help to lower the cost.Now the key to competition in the international ma
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Covid-19 pandemic has shaken the global fashion industry by destabilizing the whole supply chain. But Covid-19 could not be an excuse to divert from ethical practice or to back off from sustainability, which needed to rebuild the sector after coronavirus crises are over.Figure 1:Covid-19 pandemic has shaken the global fashion industry by destabilizing the whole supply chain.Unfortunately, the coronavirus pandemic is seen as triggering a set-back for labor rights in apparel supply chains, with wo
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Vietnam could be at the same income level that Malaysia is today by 2035 if the government embraced a number of further structural and institutional reforms, The World Bank predictsVietnam could be at the same income level that Malaysia is today by 2035 if the government embraced several further structural and institutional reforms, The World Bank predicts.The Washington based multi-lateral lender also forecasts that the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTP
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The US withhold release order (WRO) on cotton and apparel imports from specific producers in Xinjiang Uygur Autonomous Region (XUAR) may escalate global trade tensions and thus have negative implications for the Indian textile sector in the short run, according to India Ratings and Research (Ind-Ra), which believes it could, however, be beneficial in the medium term.Pic: ShutterstockThere is a risk of further sanctions by the US government on curbing imports of the products originating from or h
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One of the top denim mills in Turkey, Calik Denim aims to reinforce its sustainable position in the international arena by dedicating 2% of its revenue to R&D and allotting more than 0.5 million dollars to environmental spending in 2019 — the investments are already helping clients like H&M, Zara, Diesel, Gap, Tommy and others to towards sustainable fashion.Figure: Calik’s second-eversustainability reportshares how the Turkish denim mill conveys its motto, “passion for denim, passion for
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TheApparel Training & Design Centre (ATDC)along with the Apparel Export Promotion Council (AEPC) is participating in theWorld Bank’s Project ‘STRIVE’,beginning in Tamil Nadu, A Sakthivel, chairman of ATDC and AEPC, told the 17th annual general meeting of ATDC held virtually today. Professional upgradation (Pro-Up) programmes for apparel exporters will be started from January, vice chairman Rakesh Vaid said.Pic: ShutterstockMembers from Usha Fabs Pvt. Ltd., Jyoti Apparels, Monica Garments, Ch
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TheBritish Fashion Council (BFC)has named second round of recipients of the BFC Foundation Fashion Fund, supporting creative fashion businesses to survive the COVID-19 crisis. Following a £1 million emergency fund distributed in May, the BFC raised a further £500,000 that are now being distributed in grants to an additional 30 British designer businesses.Pic: British Fashion CouncilRecipients for the Fund are Camilla Elphick, Charles Jeffrey Loverboy, clothsurgeon, Cottweiler, Danshan, Emilia Wi
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Everything has good and bad aspects. From that point of view, the Coronavirus which has grown pandemic is not different from other things. The highly transmissible virus has brought about changes to the forms or natures of all trades and commerce across the world.Since the virus emerged in late 2019, demand for PPEs (Personal Protective Equipment) including face masks has gone up on large scale leading to a rise in production of the medical apparatus.Figure: Demand for PPEs (Personal Protective