Coca-Cola has opened the doors to its first European flagship high-street fashion store in London’s Covent Garden. The concept store is the beverage brand’s first in Europe and stocks Coca-Cola branded merchandise, limited edition apparel, and exclusive designer collaborations.
A number of industry groups have urged the US Congress to introduce legislations to protect the health and safety of American consumers by curbing the proliferation of counterfeit products promoted and sold online. The call, issued on World IP Day, comes in the backdrop of a number of reports that have highlighted the malaise of counterfeit goods.
Fibre player Spinnova's first commercial factory’s carbon footprint is 1.28 kg CO2e/kg fibre which is 72% lower compared to conventional cotton (4.6 kgCO2e/kg fibre). The Finnish company has a positive climate impact by saving 6.5 kg CO2e when replacing conventional cotton.
The Department of Forest Biomaterials at the Wilson College of Textiles, US, has developed a process that uses nanocellulose to produce clothing items with iridescent features resembling the rainbow-hued shimmer seen on fish scales, bird feathers and insect bodies.
The Circular Fashion Index (CFX) of Kearney, which aims to measure fashion brands’ efforts to extend the lifecycle of their clothes, has found that the top 100 European brands are performing abysmally. Only Patagonia, The North Face and Levi’s have an acceptable score.
The Fashion Task Force of the Sustainable Markets Initiative (SMI) has announced its new Regenerative Fashion Manifesto, which has been developed in partnership with the Circular Bioeconomy Alliance led by scientist Marc Palahi. The Task Force draws from big fashion brands and retailers from across the world.
US-based leading fashion brand Patagonia has placed a repeat order for purchasing Khadi Denim fabric, which comes as a global appreciation of Khadi’s world class product quality and punctuality in fulfilling the supply order.
Annual report by Kearney on the extent of reshoring shows little change over the previous year but predicts that a redefinition of reshoring will soon create dramatic change, with companies combining reshoring and nearshoring to create a best cost—rather than a lowest cost—supply chain.
The World Trade Organization (WTO) has almost halved its growth rate prediction from 4.7% to 3% for 2022. The prime reason is the Russia-Ukraine war, but there are other reasons too.