GENEVA – COVID-19 could cost 25 million jobs globally claims a new assessment by the International Labour Organisation. The startling …
Author archives: Mark Lane
Brand share prices hammered by COVID-19
LONDON – Shares prices of the world’s leading apparel brands have plummeted over the past month amid stores closures and …
COVID-19 causing major supply chain lay-offs
LONDON – Civil society groups are calling on governments, brands and employers to protect supply chain workers from the economic …
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Polyester found inside new marine species
NEWCASTLE – British researchers have discovered polyester microfibres inside a new species of deep-sea amphipods which were only recently discovered …
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Brands alter payment terms on back of Covid-19
HONG KONG – Apparel buyers are extending payment terms by up to 30 days for Bangladeshi suppliers as they seek …
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COVID-19 may cause global recession – McKinsey
LONDON – Global business consultancy, Mckinsey, has issued a coronavirus briefing which suggests global GDP will fall by between 0.3 …
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Fair Wear welcomes EU Vietnam trade deal
BRUSSELS – Fair Wear Foundation has welcomed a new trade agreement between the EU and Vietnam which builds in commitments …
Gap-thredUP initiative encourages consumerism
SAN FRANCISCO – People will be incentivised to go out and buy more clothing in a new partnership between US …
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Coronavirus a ‘Black Swan’ event for brands
NEW YORK – The coronavirus is now a ‘Black Swan’ event for apparel brands and retailers claims a new study …
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