Apparel Intelligence Volume 25
Opinion
Primark launched a circular product collection?with the help of thought leaders including Circle Economy, Sustainable Fashion Academy, Ellen MacArthur Foundation and WRAP. The 35-piece collection is made to be worn longer, helping reduce fashion waste & contribute towards sustainable fashion.
H&M, Autodesk, JPMorgan Chase, and Workday?have committed $100 million to remove carbon dioxide from the atmosphere. The move is part of an effort started by several major tech companies to jumpstart the carbon dioxide removal industry.
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By The Way
14 dead?as India faces another Covid-19 wave with 5,880 new cases in 24 hrs, taking the active caseload to 35,199. Only 17% of the population is vaccinated, prompting new restrictions and lockdown measures.
India registered an all-time high in goods and services exports?of US $770 billion although global economic uncertainty has demonstrated the country’s export sector’s resiliency. The Apparel Exports Promotion Council (AEPC) said that apparel exports reached a new high.
Labour disruptions halt operations at LA & Long Beach ports, which is one of the world’s largest ports. The American Apparel & Footwear Association stated a company which typically has 11 container deliveries shipped every year in time for the holiday season, has so far only been able to get 3 of its usual 11 shipments.
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What to Watch
More than 300 workers?at Saitex International’s factory in the Vietnamese province of Dong Nai went on strike for more than 6 hours on Monday to protest the denim manufacturer’s policy of penalizing employees for mistakes that lead to product defects.
1,000 facilities or more?have achieved its Step Certification, with over 1,030,000 workers in these facilities receiving fair wages and working under safe and socially responsible conditions.
Trade unions and workers' rights NGOs are urging the EU?to stop funding MADE in Myanmar project, claiming it legitimises the military rulers. The €3 million EU grant aims to strengthen responsible business practices in the textile, clothing, and footwear sector with contributions from brands.
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What Else Is Happening
Sri Lanka donated a consignment of 4.6 tons of apparel?to the victims of the recent earthquake in Türkiye. Industries Timex Garments, Sumithra Garments, DIAL Textile and several Civil Society Organizations contributed to the donation.
Turkey & Netherlands to work together, as Turkish textile and apparel manufacturers, meeting with 17 Dutch companies, holding bilateral meetings and establishing new business contacts within the scope of the Circular Textile Economy.