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Asics, the prominent sportswear brand from Japan, has been recognised by Carbon Disclosure Project (CDP) for its efforts to reduce carbon emission.On the basis of questionnaires on governance, targets, value chain engagement and scope three indirect emissions, around 4,800 firms were assessed by CDP following which Asics has become one of the 160 companies to make it to CDP’s list.Image Courtesy: matcha-jp.comAnd what’s helped Asics to be in the esteemed list!The brand’s strategies and actions t
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Export earnings from apparel items fallen by 5.71% in July-January 2019-20 period in comparison to July-January 2018-19.According to the Export Promotion Bureau (EPB) data, earnings from RMG (Ready-made Garments) export for Export performance (Goods) for FY 2019-20 July-January is USD19.06 billion.Earning from woven garments fell by 6.29% to $9.44 billion in July-December of FY2019-20 from $10.07 billion in the same period of last fiscal year. On the other hand, knitwear export fell by 5.13% to
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The 6th edition of the bi-annualDigital Textile Congress 2020will take place in Ghent, Belgium (3Square,), from 24-25 September 2020. This international conference intends to bring forward the best research, latest developments on digital technologies, including hardware, software, digital inks, printed materials and their related applications. “It’s about all the aspects of digital technologies that go into making creative, functional textile, from clothing, soft signage, technical, outdoor and
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A US cargo ship docks at the Qingdao Port, Shandong province. [Photo by Yu Shaoyue/For China Daily]BEIJING - China will halve rates of additional tariffs on some US products worth about $75 billion starting Feb 14 in a bid to promote the healthy and stable development of Sino-US economic and trade relations, the Customs Tariff Commission of the State Council said Thursday.Source:China Daily
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Workers at Bingjuan Clothing Co produce medical protective clothing in Linyi county in Shanxi province, on Feb 3. [Photo/sxrb.com]The first set of medical protective clothing in northern Shanxi province rolled off the production line in Linyi county on Feb 3, to support efforts to control the pneumonia epidemic caused by the novel coronavirus, according to officials.To alleviate the medical supply shortage caused by the epidemic, Linyi county determined to resume the production of the medical pr
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President Xi Jinping meets with Cambodian Prime Minister Samdech Techo Hun Sen at the Great Hall of the People in Beijing on Wednesday.PANG XINGLEI / XINHUACambodian prime minister's visit a sign of friendship at special momentChina has the confidence and capability to win the battle on the prevention and control of the pneumonia epidemic caused by the novel coronavirus, President Xi Jinping said on Wednesday.Xi made the remark while meeting with visiting Cambodian Prime Minister Samdech Te
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In an endeavour to employ a growth strategy, major fashion retailer Macy’s intends to shut down around 125 of its least productive stores in next 3 years.This also includes 30 stores that are already in the process of closing down.Image Courtesy: fortune.comAs a part of its business strategy, Macy’s also plans to reduce the headcount in its corporate and support function by 9 per cent or about 2,000 positions.Speaking about Macy’s growth strategy,Jeff Gennette, Chairman and CEO, Macy’s, reported
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The outbreak of coronavirus is causing concern in financial markets worldwide. Chinese shares drop nearly 9% amid fears of coronavirus impact. Indian exporters are seeing cause for concern as soon as the virus gets under control. Even after the end of the Chinese Lunar Year holiday, the real effects of trade can be estimated after February 8th.Figure:The outbreak of coronavirus left the Chinese industries at pause and the Indian industry is ready to fill the gap for Chinese dealers. Courtesy:eco
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Over the last seven years, the government has gradually introduced regulations that made jute packaging mandatory for 19 agricultural products to reduce polythene and plastic bags. But the parties in the supply chain are not following the regulations properly, rather continuing to use environmentally harmful polythene and plastic bags.Figure:Jute sacks produced by the government remain unsold and unused, and every year the government is facinghundreds of crores of taka loss.The Trading Corporati
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At this year’s ISPO Munich tradeshow, the sports and outdoor industry declared war on waste, whether it is single use plastics, production or post-consumer textile waste. A broad variety of materials, technologies, products, initiatives and collaborations demonstrated that the industry is finally taking on responsibility for rethinking how we make, consume and dispose of sports and outdoor products.Eliminating plastic wasteIn an expansive sea of displays featuring plastic bottles, fishing nets a