It ain't fashion, if it ain't sustainable

Supply Chains

Event Roundup / WFC 2023

3 November 2023

6 minutes

The focus of the International Apparel Federation (IAF) is a stronger, smarter and more sustainable supply chain and the just concluded 38th World Fashion Convention addressd many such important topics with a global audience, educating delegates and bringing people together that can jointly achieve more in the endeavour to improve the industry.

Discussion Should Be about Sharing Risks and Rewards Than Simply Transferring Risks

The just-concluded 38th World Fashion Convention at Philadelphia delved deep into issues plaguing the textile-apparel-fashion industry. Matthijs Crietee, Secretary-General, International Apparel Federation (IAF), sheds light on the roadmap chalked out to help industry achieve its Net Zero goals.

Subir Ghosh

Interview

Supply Chains / Smart Flexibility

18 October 2023

2 minutes

IAF, ITC to Unveil Move Towards Full Supply Chain Profitability at World Fashion Convention

The ensuing World Fashion Convention will see the launch of a new initiative from the International Apparel Federation (IAF) and International Trade Centre (ITC) which seeks to boost full supply chain profitability for apparel manufacturers and brands.

Staff Writer

Industry Funding / Supply Chains

11 October 2023

3 minutes

While equity and bond ownership records represent a snapshot at the time of this analysis, the figures relating to financing and underwriting use the last 10 years of available data. An important disclaimer is that the data extracted is only as good as the disclosures captured by Refinitiv, the data source used.

Funding from Investors in Developed Countries Concentrated in Downstream Stages of Textiles Supply Chain, Finds Study

A Planet Tracker report has detailed who funds different segments of the manufacture of textiles, and which entities are indirectly responsible for the environmental and social impacts along the various stages of the supply chain, even as it exhorts major investors to push holdings harder to drive a just, sustainable textiles industry.

Staff Writer

World Trade / WTO Update

5 October 2023

3 minutes

Risks to the current outlook are considered to be evenly balanced between the upside and the downside, although there may be some additional growth potential due to the lower base in 2023.

WTO Halves Trade Growth Rate Amid Global Manufacturing Slowdown, Warns of Supply Chain Fragmentation

The World Trade Organization (WTO) has slashed the global merchandise trade growth rate for 2023 by almost half—to 0.8% from the 1.7% increase that was forecast earlier in April.

Staff Writer

Supply Chains / Agreement

3 October 2023

2 minutes

IAF Signs Agreement with Inditex to Drive Transformation in Apparel Industry

Spain's retailing giant Inditex and the International Apparel Federation (IAF) have signed an agreement that aims to promote a more respectful industry for people and planet by boosting circularity, traceability and worker wellbeing.

Staff Writer

Due Diligence / Partnership

29 September 2023

2 minutes

Brands must establish equal partnerships with their suppliers who have valuable knowledge and practical insights to inform brands’ HRDD efforts, including responsible purchasing practices.

STTI and Fair Wear Sign MoU on Driving Systemic Change in Industry

Fair Wear Foundation and the Sustainable Terms of Trade Initiative (STTI) have signed a Memorandum of Understanding (MoU), committing to further strengthening their collaboration on advancing systemic change in the garment and textiles industry.

Staff Writer

Climate Action / Partnership

29 September 2023

3 minutes

The MoU is underpinned by an understanding of the need to further advance balance and equal partnership in commercial activities throughout the supply chain.

IAF and SAC Forge Partnership on Decarbonisation and Responsible Purchasing Practices in Supply Chains

An MoU inked by the Sustainable Apparel Coalition (SAC) and the International Apparel Federation (IAF) will collaborate on projects and activities to deliver decarbonisation of the industry in line with internationally recognised targets, working together on collective action opportunities to reduce carbon emissions.

Staff Writer

Sourcing Practices / Tracker

13 September 2023

3 minutes

Measures of commercial compliance were significantly and positively correlated, meaning that when buyers complied with one key recommendation, they were more likely to comply with many others.

Better Buying Institute Releases First Industry Score for Commercial Compliance

The first annual Better Buying Commercial Compliance Tracker provides a baseline measure of the extent buyer purchasing practices meet the definition of commercial compliance.

Staff Writer

Climate Action / Supply Chains

12 September 2023

2 minutes

The Supplier Cascade provides an action-oriented ask that helps buyers start the process of engaging suppliers with whom they have a direct purchasing relationship and promotes comparability across supplier reporting.

Coalition Launches 'Supplier Cascade' to Accelerate Supply Chain Decarbonisation

Global nonprofit, We Mean Business Coalition, has launched the Supplier Cascade for enterprises across industries to help accelerate the pace at which businesses reduce their Scope 3 emissions.