SME

The Union Budget 2025-26 emphasis on strengthening domestic manufacturing, enhancing exports, and fostering economic growth is expected to have a significant impact on fashion brands and retailers in India. A texfash analysis that explores its key provisions and expected impact on industry, and how fashion brands and retailers can capitalise on these developments.

The allocation to the textile sector has increased significantly by 57.7% in this year’s India Budget and although Union Finance Minister Nirmal Sitharaman made some game-changing announcements that would benefit the industry in the long run, there were some missed opportunities as well.

A new research report explores how UK fashion and textile companies are developing sustainable and circular practices, including their response to regulatory change associated with green growth and the transition to net zero. The study urged on the need to forge the business case for firms to invest in gathering detailed supply chain data to obtain product-level carbon footprints, as well as launch new circular business models.

What key steps can SMEs take to act on their biodiversity goals—from understanding their impact, to integrating into a collaborative effort of suppliers, innovators, and conservation advocates to drive change through supply chains and secure conservation where it counts?

If leather needs to counter the fiction of the activist brigades, it needs to tell stories. Better stories. After all, leather is not fashion; it is heritage. A texfash rant on the push against leather and why in this age of social media, of reels, of influencers, it needs to go hammer and tongs, and move with the times.

In a bid to address the challenges facing the clothing manufacturing industry in South Africa, the ILO has, with support from the Government of Flanders, launched a project that seeks to improve the support ecosystem to help SMEs and their workers improve productivity and working conditions.

As a new European Parliament is set to be voted in June 2024, EURATEX, the voice of the textile and apparel industry, has released a manifesto urging for a competitive playing field.

A dedicated landing page for India by the SME Climate Hub will help MSMEs make a globally recognised climate commitment, and measure, report and reduce their emissions through a suite of tools and resources.

Researchers from the University of Portsmouth under the aegis of the Fair Trade Advocacy Office have come out with a report that reviews unfair trading practices (UTPs) in textile supply chains, along with a case study analysis of emerging best practices.

EURATEX, the European apparel & textile confederation is piloting a three-year project — RegioGreenTex — for companies to transition into new sustainable business models, including management of textile recycling.