Global goods trade is gradually bouncing back, says the WTO but warns that regional conflicts, geopolitical tensions and economic policy uncertainty pose substantial downside risks.
The Paris Agreement goal of limiting climate change to 1.5°C could well remain a mirage, says the 2024 Corporate Climate Responsibility Monitor (CCRM) which evaluated 51 of the world’s largest companies, including 5 in the fashion sector.
There is an urgent need to specify the fabric knitting and yarn spinning systems as fibre composition and the yarn spinning system could play a major role in reducing microfibre release, says a new research.
In a beginning of sorts after being pushed to the wall by the principal competition regulator in the UK, three major brands—ASOS, Boohoo and George at Asda—have inked formal agreements to use only accurate and clear green claims.
The Competition and Markets Authority has published the Green Claims Code that articulates how consumer protection law applies to environmental claims and provides a framework for businesses to make environmental claims that help consumers make informed choices.
Sweden. France and Denmark have issued a call for new global rules for exporting textile waste under the Basel Convention, in the backdrop of EU's exports of used textiles tripling in the last 20 years to countries in Africa and Asia who do not have the capacity to ensure proper waste management.
Returns are the bane of any retailer and a new study suggests a scalable illustrative machine-learning model that could help reduce returns and improve profit by more than 8 per cent.
Two California residents have filed a class action lawsuit against French luxury group Hermès International for violating antitrust laws by allegedly forcing them to purchase some of its other products to get a chance to purchase the iconic Birkin bag.