LONDON – Global business consultancy, Mckinsey, has issued a coronavirus briefing which suggests global GDP will fall by between 0.3…Read the full story… COVID-19 may cause global recession – McKinsey
Mike Barry interview: “we need new business models”
LONDON – We need fundamentally different business models for fashion moving forwards, former Marks & Spencer executive Mike Barry has…Read the full story… Mike Barry interview: “we need new business models”
Nike, H&M named in bombshell Xinjiang report
BEIJING – A damning new report has offered the clearest evidence yet that the Chinese government has facilitated the mass…Read the full story… Nike, H&M named in bombshell Xinjiang report
Bangladesh, Vietnam suppliers hampered by coronavirus
DHAKA – Suppliers from the world’s second and third largest textile and garment hubs, Bangladesh and Vietnam, are struggling to…Read the full story… Bangladesh, Vietnam suppliers hampered by coronavirus
VF Corp closes €500m green bond offering
DENVER – VF Corporation, the leading apparel, footwear and accessories business whose brands include The North Face and Timberland, has…Read the full story… VF Corp closes €500m green bond offering
Living wages discussed at Ethiopian roundtable
ADDIS ABABA – Global apparel brands recently met with the Ethiopian government along with local unions and employers to discuss…Read the full story… Living wages discussed at Ethiopian roundtable
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…Read the full story… Fair Wear welcomes EU Vietnam trade deal
Voluntary due diligence failing, says EU study
BRUSSELS – Voluntary due diligence measures in global supply chains are failing, suggests a new study by the EU Commission.…Read the full story… Voluntary due diligence failing, says EU study
Brands with Xinjiang links ‘complicit’ in Uighur abuses
BEIJING – Global apparel brands with supply chains that link to Xinjiang are “no longer in compliance with basic ethical…Read the full story… Brands with Xinjiang links ‘complicit’ in Uighur abuses