
Janata Bank auctions Beximco mills as rescue stalls
DHAKA – Janata Bank is set to auction six factories of Beximco Group, casting doubt on a rescue of one

DHAKA – Janata Bank is set to auction six factories of Beximco Group, casting doubt on a rescue of one

ROME – Italy has tabled a draft law that would create a national “Eco-Score” for fashion, targeting ultra fast fashion

GENEVA – The Better Cotton Initiative (BCI) has signed an agreement with Uzbekistan’s Light Industry Agency to ramp up financial

BERLIN – Clothing from fashion giant Shein still contains hazardous chemicals above European legal limits, according to a new study

STOCKHOLM – Swedish outdoor brand Peak Performance has unveiled a down anorak it claims can be dismantled and recycled at

CHRISTCHURCH – The New Zealand Merino Company says it is making digital traceability standard across its flagship ZQ and ZQRX

ROME – Italy’s fashion lobby has unveiled a strategic plan it says is needed to stop the country’s manufacturing base

TEXAS – Avalo, a US-based agtech startup, has begun harvesting its first commercial crop of “low-carbon” cotton, bred using artificial

LEICESTER – A long-awaited government review has concluded there is no evidence of prosecutable forced labour in Leicester’s garment sector.

NEW YORK – AlgiKnit, a biomaterials company which is developing yarn spun from kelp, has announced a US$2.2m Series Seed round of financing led by

LONDON – Online apparel brand Boohoo is selling some dresses at a loss to drive website traffic. Carol Kane, joint CEO of Boohoo, explained the

DHAKA – Bangladeshi garment suppliers are still being driven down on price by apparel brands and retailers – but some brands take a more enlightened

STOCKHOLM – Swedish fast fashion brand H&M is to close down its Cheap Monday skinny jeans brand amid declining sales and profits. The brand operates

LONDON – A new report claims Chinese viscose factories which have signed up to a high-profile industry sustainability initiative are continuing to violate government regulations.
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