Sourcing Journal

VIDEO: “ESPR can influence policies and regulations in the U.S. market in many different ways, and it sets a precedent that other countries like the United States may look into when they develop their own environmental and sustainability regulations.” -- Min Zhu, SGS https://bit.ly/40VGKK0

How does predictive analytics help brands forecast trends early and gain a competitive edge? What are the benefits of combining AI and predictive analytics? Watch this fireside chat with Trendalytics to find out: https://bit.ly/4eBYrli

Remember when H&M (among others) asked Vietnam to reconsider its green energy efforts? In late 2020, a consortium of nearly 30 brands urged Vietnam’s former Prime Minister Nguyen Xuan Phuc to reevaluate the benefits that direct power purchase agreements (DPPAs) between private brands (not unlike the Swedish retailer) and renewable energy sellers (think solar panels and wind turbines). The crux of the concept was those who profit off Vietnam’s resources should invest some of those profits back into the country. On Tuesday, H&M Vietnam signed a memorandum of understanding (MoU) with the Power Engineering Consulting Joint Stock Company 2 (PECC2) on the cooperation under the government’s recently passed DPPA mechanism scheme.

The regenerative agriculture conversation has largely centered around cotton, a needy crop that, when employing a start-with-the-soil approach, yields both near- and long-term environmental gains. But where do ruminant mammals (aka cows aka leather) fold into this agro-concept?

Consumers’ love affair with resale continues, new data from OfferUp shows. The company, which facilitates local resale, surveyed 1,500 U.S. adults about their previous and planned interactions with resale.

Shortening supply chains and moving operations closer home are objectives on the minds of a majority of executives in 2024, with a whopping 81 percent reporting that nearshoring and onshoring are integral to their future plans.

While President-elect Donald Trump has been moving at a breakneck pace to staff his cabinet, he continues to mull his pick for Treasury Secretary as of Friday morning.

To get the most out of AI, companies need to underpin the technology with digitalized systems and solid data management. Watch this video to hear Browzwear executives discuss what companies should consider and do before adopting automation for product creation: https://bit.ly/3NYLOWr

Walmart has some advantages over Target, but don’t cross off the Minneapolis-based “Tar-jay” just yet. https://lnkd.in/geXvD2NU

“Hansae will continue to invest for a sustainable future," said Hansae Fashion Worldwide's vice chairman Daymond Kim. Discover how the manufacturer is investing in ESG, Western Hemisphere production facilities, verticality and more: https://bit.ly/4ePmKwg