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  • Australia is one of the development partners of the Better Work Bangladesh program, supporting since 2016. Recently they along with ILO have toned up the support to uplift the RMG sector of Bangladesh.Figure: Affiliated factories with BWB have successively improved compliance with ILO core labor standards and national legislation.The Better Work Bangladesh program (BWB) is a partnership between the International Labour Organization (ILO) and the International Finance Corporation (IFC), aims to c
  • COPENHAGEN – The 2019 edition of Pulse of the Fashion Industry has revealed that ‘sustainable’ progress in the fashion industry has slowed by a third in the past year, and is not moving fast enough to counter-balance the fashion industry's rapid growth.The report – published by Global Fashion Agenda (GFA), Boston Consulting Group and Sustainable Apparel Coalition – says that unless the current trend improves, fashion will continue to be a net contributor to climate change, thus increasing th
  • Fashion designer Zac Posen, GE Additive, and Protolabs showed innovative, sculptural 3D printed garments and accessories, inspired by the concept of freezing natural objects in motion, at the recently held Met Gala in US. GE Additive is a world leader in additive design and manufacturing. Protolabs is the digital manufacturing source for rapid prototyping.Pic: Press Release finderOver the past six months, Zac Posen and his creative team have explored a range of 3D printing and digital technologi
  • The order index for Italian textile machinery carried out by ACIMIT, the Association of Italian Textile Machinery Manufacturers, for the period of January-March 2019, has dropped by 3 per cent compared to the same period of the previous year. ACIMIT’s promotes Italian textile machinery sector and supports its activity via innovative and promotional means.Italian textile machinery manufacturers, thus, recorded declining orders on foreign markets, where orders fell by 11 per cent. On the domestic
  • Twenty-one brands and buyers from North America, who were the signatories of Alliance for Bangladesh Worker Safety, recently launched a new platform, Nirapon, for safety monitoring in the Bangladesh readymade garment (RMG) units that supply them. Jamilur Reza Chowdhury, vice chancellor of the University of Asia-Pacific in Dhaka, is the chairman of Nirapon board.Pic: NiraponChowdhury clarified that Nirapon is in no way a regulating body, but will use a brand-led approach to safety monitoring, ove
  • Technical textiles is the most quality-sensitive sector of the entire industry, and many products for specialized and performance end-uses are at the highest level of this requirement. For ultimate control and security of quality, fabric manufacturers need a top technology solution which takes the guesswork out of producing the quality their customers need. That’s where the USTER® EVS automated fabric inspection systems offer enormous benefits, proven in numerous installations worldwide – and pr
  • AMSTERDAM – A strategic partnership has been established between industry innovation hub Fashion for Good and Switching Gear, a project set up by Circle Economy.The initiative has been started with the aim of accelerating re-commerce and rental business models within the apparel sector, and will collaborate with six brands to design and launch pilots of new business models by 2021.The Netherlands-based duo has also created an ‘Enabling Network’ to assist like-minded organisations to collaborate
  • Unifi, a leading innovator in recycled and synthetic yarns, has announced an update on recent trade petitions, saying preliminary determinations reached so far are encouraging.Last month, the US Department of Commerce announced preliminary countervailing duty determinations on unfairly subsidised imports of polyester textured yarn from China at rates of 32% or more and India at rates of 7% or more. Preliminary antidumping determinations are expected on 26 June 2019, and final determinations of d
  • Foreign direct investment (FDI) is increasing day by day in Bangladesh. The FDI is an investment in the form of controlling ownership in a business in one country by an entity based in another country. FDIs offer two win-win benefits- economic development for host states and profit maximization for foreign investors.FDI in BangladeshKazi Aminul Islam, executive chairman of Bangladesh Investment Development Authority (BIDA), said “Our doors are open for FDI, and foreign investments will jump by a
  • The fashion industry is always running at a fast pace from its very inception. But today it has become faster than ever before and technology is shaping it just like a potter shapes his clay.With the advent of modern technologies, this industry has the ability to change its models just like a chameleon changes its color. As a result, the changes are endless and the opportunities are limitless.Figure 1: The fashion industry due to the arrival of the smartphone changed conventional business. Court
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