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Just one fifth of shoppers trust sustainability claims made by brands, according to new research from The Knowledge is Power – Consumer Trust in Sustainability Report. The research, commissioned by Compare Ethics, the Trust and Accountability Forum by Data-based Sustainable Product Verification, investigates the customer confidence crisis and pushes the retail industry towards sustainability. It indicates that confidence is now the secret to decision-making in consumer buying, but that consumers
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Finding new buyers or suppliers in the readymade garment industry is a daunting task. This is even more difficult for small businesses. However, to change that situation, Merchant Bay has made arrangements to bring buyers and sellers under one roof with the help of information technology. Bangladeshi factories connected to the platform will be able to find domestic and foreign buyers online. Buyers can also order online if they want.Figure: Merchant Bay website contains detailed information, inc
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The Global Organic Textile Standard (GOTS) has found proof of organic cotton fraud in India following an investigation. GOTS have uncovered 20,000 metric tons of fake organic cotton.GOTS said it has collected considerable documentary evidence of systematic fraud and exploitation of the Indian government’s certification system of organic cotton production following surveillance audits by GOTS accreditation body IOAS, which is part of the GOTS quality assurance.Figure: GOTS has found proof of orga
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Indo Count, an India-based end-to-end bedding provider, has reported 23 per cent revenue growth to ₹724 crore in its second quarter (Q2) for FY21 that ended on September 30, 2020, compared to the revenue of ₹587.18 crore in the same period previous fiscal. Company’s net profit for the period rose to ₹80.83 crore compared to ₹10.61 crore in Q2 FY20.Pic: Indo Count“We are all challenged in this evolving world, however, despite the tough operating environment, our company recorded its highest ever
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CHICAGO – Consignment company The RealReal has opened its largest ever brick-and-mortar store in Chicago, Illinois, in a telling sign of the increasing consumer engagement with second-hand apparel.The store is situated on Chicago's Michigan AvenueThe company, which has to date partnered with the likes of Gucci and Burberry, says the new store will champion sustainability by spotlighting garments made using ‘sustainable’ materials, as well as offering a repair service in order to prolong the
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Extended producer responsibility (EPR), which aims at ensuring producers contribute financially to the costs of waste management, should be designed to support circularity, should value different textiles and EPR scheme should not bear detrimental unintended consequences, according to EURATEX, which represents the European textile and clothing industry.Pic: ShutterstockBrussels-based EURATEX recently recommended in a concept paper that there should be no contradictions in EPR schemes for textile
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The global export of woven apparel was $2,22,311.62 million in the year 2017 marginally moved down 2.16 per cent to $2,17,517.31 million in 2019. Total exports decreased 4.82 per cent in 2019 over the previous year, according to data from TexPro. Further, the exports is expected to drop to $2,12,527.02 million in 2022 with a rate of 2.29 per cent from 2019.Pic: ShutterstockThe global import value of woven apparel was $1,94,799.83 million in 2017, which was surged 5.66 per cent to $2,05,829.04 mi
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Ralph Shearer Northam, governor of US state Virginia, recently announced that Silk City Printing will relocate its corporate headquarters (HQ) from Paterson in New Jersey (NJ) state by investing $5.7 million to establish a new silk-screened apparel production operation in the former Thomasville facility in Fluvanna county that has been vacant since 2007.Pic: ShutterstockVirginia successfully competed with New Jersey for the project, the governor’s office said in a press release.“We are honored t
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Global retail solutions provider Mainetti has unveiled its new line of personal protective equipment to help customers mitigate COVID-19 risks. Mainetti Care features innovative solutions for workspaces, communities, and schools. It comprises equipment and products to help businesses operate safely and is now available to customers around the world.Due to the COVID-19 pandemic, retailers and consumers alike are concerned about their health and safety as businesses continue to reopen. Mainetti Ca
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GOLETA - Deckers Brands-owned footwear company Ugg has unveiled new social and environmental commitments with the launch of its new ‘Feel Good’ sustainability platform.The company says the platform's ambitious goals, projects and global partnerships will focus on three key pillars - environment, community and innovation.Ugg, best known for its sheepskin boots, says ‘Feel Good’ will enable consumers to ensure the brand meets its pledge to be “transparent, accountable, and socially and environ