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IKEA has released sustainability report for FY20 that covers collective efforts from the contributors in the IKEA franchise system and value chain. Company’s important achievements include reaching the 2020 forestry goal, assessing 9,500+ products for circular capabilities and improvements throughout value chain to further reduce the climate footprint.Pic: IKEAThe report stated that the pandemic called for extraordinary measures to mitigate the effects for co-workers, business partners and commu
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WASHINGTON – A consortium launched by US technology firm Conservation X Labs will offer US$650,000 for solutions that help combat the ocean’s microplastics problem.Backed by the likes of sportswear firm Under Armour, surf wear brand Finisterre and materials manufacturer Bolt Threads, as well as industry NGOs Fashion for Good, Canopy and the Microfibre Consortium, the challenge will commence from tomorrow, after a virtual launch event.“By harnessing planetary genius, we can allow conservation to
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With the outbreak of the COVID-19 pandemic, the global apparel value chain has experienced an unprecedented disruption.As the second-largest exporter of clothing products, Bangladesh felt the jerk, which jolted the industry leaving millions of workers in trouble.Factory owners were in severe crisis as they were not able to run the factory due to lockdown in home and export destinations.Figure: Some of the buyers shifted orders to China and other countries, who received more orders than the pre-C
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While Bangladesh’s apparel exports witnessed a 3% during the July-December period of FY21, its foreign currency earnings from the home textile products posted a robust growth by 48% to $547 million.As per Export Promotion Bureau (EPB) data, during the July-December period, the first half of the current fiscal year 2020-21, Bangladesh earned $547.48 million, up by 48% compared to $370 million in the same period of last fiscal year. In the FY20, the sector brought $759 million.Figure: The stay at
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Most people say they “just know” when a fabric needs to be washed, but what they may not know is that the average wash load contains 20 times more body oils and sweat than visible stains. These hidden soils can get trapped deep in the fabric of clothes and build up over time. Scientists have proved that cleaning dirty clothes is physically possible but that cloth should contain some more features to be environment friendly.Researchers in Norway led a new scientific study to find how people wash
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Multi-sources of promotion for attracting global buyers;Multilingual sites for communicating thoroughly;Multi-ways of display for exposing products roundly. Members of Chinese site can sign in after supplementing information.
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LONDON - Social shopping platform Farleigh.io is to launch later this month allowing users to buy and sell sustainable second-hand clothing and other goods.The platform is designed to resemble a shoppable version of the Pinterest social media site with a similar business model to the pre-worn clothes app Depop.It is targeted at a Gen-Z audience, aiming to offer them the opportunity to buy and sell second-hand but sustainably-designed products from independent brands.Source:Eco Textile
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Amazon recently launched the Amazon Global Selling Propel (AGSP) initiative to offer dedicated support to emerging Indian brands and start-ups to reach customers worldwide. It partnered with the government’s Startup India campaign to launch an accelerator programme to help early-stage start-ups in the consumer products space to launch in international markets.The aim is to create global brands from India through AGSP.“With Amazon Global Selling we will continue to make exports simple and accessi
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LEIDEN - Swedish homeware giant IKEA has published its 2020 sustainability report in which it reveals it has increased its use of recycled polyester from 59 to 83 per cent of all textile products.The 'IKEA Sustainability Report FY20' also says the company has assessed more than 9,500 products for circular capabilities, taken action in its value chain to mitigate climate change and achieved its 2020 forestry goals.The company's actions to increase its use of recycled polyester have pr
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The Northern India Textiles Mills’ Association (NITMA) recently urged the government to raise customs duty on man-made yarns to 10 per cent from the current 5 per cent in the next budget, as Indonesian and Vietnamese spinners have been offering such yarns at unreasonably low prices due to huge idle capacity created by government incentives.Pic: ShutterstockRepresentations on this concern have been sent to the ministries of finance and textiles, NITMA president Sanjay Garg said in a press release