Sewing Industry News Feed

Courtesy of Just-Style.com.

  • Tapestry commits to achieving net zero emissions by 2050

    The commitment aligns Tapestry’s climate mitigation targets with the most ambitious aim of the Paris Agreement and adheres to SBTi’s most rigorous guidelines to reduce the destructive impacts of climate change in the short and long term.

    By signing, Tapestry has committed to set science-based emissions reduction targets across all scopes, in line with 1.5 degrees Celsius emissions scenarios and the criteria and recommendations of the SBTi. In addition, the company has pledged to set a long-term science-based target to reach net-zero value chain GHGs emissions by no later than 2050.

    “At Tapestry, we are committed to leading with purpose and embracing our responsibility as a global house of fashion brands to effect real and lasting change for our industry and our stakeholders. Signing the Business Ambition for 1.5 degrees Celsius represents an important step forward in our journey to reduce our climate impact and make our planet more sustainable,” says CEO Joanne Crevoiserat.

    By joining SBTi’s Business Ambition for 1.5 degrees Celsius, Tapestry is continuing to strengthen its dedication to environmental efforts to combat climate change. This commitment further reinforces Tapestry’s recently announced actions to drive positive change for its people, planet, and community, including committing to procure 100% renewable electricity in its stores, offices, and fulfilment centres by 2025, and establishing the US$50m Tapestry Foundation to advance equity and opportunity and to combat the climate crisis.

    The Foundation is dedicated to advancing equity, opportunity, and dignity for all. It is committed to stretching what’s possible by supporting social and environmental programmes focused on access and opportunity, Tapestry says.

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  • El Salvador textile and manufacturing sector recovers after tough 2020

    El Salvador central bank (Banco Central de Reserva de El Salvador) has revealed textile sales to the US gathered US$1.5bn…

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  • Kering Group to go fur free

    In a statement this morning (24 September), Kering says it has taken the decision to stop using animal fur. “For…

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  • Expert analysis on French Connection US$40m takeover offer

    French Connection’s buyout offer of GBP0.30 per share from a group including Apinder Singh Ghura, Amarjit Singh Grewal, and KJR…

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  • Levi Strauss on track with targets to reduce GHG emissions

    Levi Strauss says it is on track to meet its science-based targets for reducing greenhouse gas (GHG) emissions in its…

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  • Higg launches traceability programme for supply chain sustainability

    The Higg traceability programme aims to fast-track global brands’ efforts to track the hidden impacts within their manufacturing processes, ensure fibre integrity, and to understand, communicate, and accelerate product sustainability.

    The programme is designed to enable consumer brands to identify and share the supply chain provenance of billions of items with their upstream value chain partners and highlight and disclose sustainability information – on their own and other e-commerce platforms – to the public and other stakeholders.

    “Consumer goods businesses face a tremendous urgency to accelerate sustainability improvements and need comprehensive tools and contextualised data that can illuminate untracked areas of the supply chain,” explains Higg CEO Jason Kibbey. “Together with some of the world’s most advanced traceability innovators, we’re bringing robust new capabilities onto the Higg platform to enable brand and retailer customers to understand and trace product certifications and provenance.”

    The programme launches with partners atma.io by Avery Dennison, FibreTrace, and TrusTrace which will integrate their unique services onto the Higg platform to connect a network of 45,000 users, 500 brands and retailers, and tens of thousands of manufacturers’ factories, bringing product chain-of-custody tracking to the platform.

    Kibbey says: “We’re thrilled to partner with these organisations, all of whom are committed to advancing transparency and sustainability, and each of whom brings unique capabilities needed by the industry,”

    He adds: “Higg is laser-focused on aggregating quality environmental, social, and governance data to provide a single source of truth for consumer goods industries. Partnering with best-in-class traceability innovators is a critical step in helping our customers make better-informed sustainability decisions.”

    Higg’s traceability partners will enable blockchain technologies to support tracking and tracing of a product’s chain of custody, streamline certification claims, and address material movement, supplier data, consumer engagement and brand protection. The collaborative approach across the global industry seeks to provide both immediate, verified insights to Higg users, and allows brands to better fulfil the expectations of the public, the satisfaction of corporate sustainability goals, and the oversight of regulatory agencies.

    Higg will enable its traceability partners to broadly engage with global corporations while providing Higg platform customers access to leading traceability solutions. As part of this programme, key social and sustainability data from Higg will also be made available for direct integration into partner platforms, creating more robust solutions for both partners and their customers.

    The announcement follow’s Higg’s recent launch of Sustainability Profiles, a first step in a joint initiative with the Sustainable Apparel Coalition (SAC) to enable fashion brands and retailers to connect sustainability-related product claims at point of purchase to verified data.

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  • Nike growth set to slow as supply chain issues bite

    Q1 reported revenues were US$12.2bn, up 16% compared to the prior year and up 12% on a currency-neutral basis. Revenues…

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  • G-III Apparel Group to purchase fashion brand Sonia Rykiel

    G-III Apparel Group Ltd has announced its agreement to purchase European
    luxury fashion brand Sonia Rykiel, with the transaction expected to close by the end of October 2021.

    Why is G-III Apparel Group Ltd purchasing Sonia Rykiel?

    G-III plans to accelerate the relaunch of the brand primarily in Europe, for the fall of 2022, with collections across multiple categories.

    “We are extremely pleased to purchase the Sonia Rykiel brand which further enables us to expand into the luxury space. We believe there is significant opportunity to unlock the untapped potential of this brand as we look to accelerate our global reach,” says G-III’s chairman and CEO Morris Goldfarb.

    “We will leverage the existing executive management team and infrastructure based in Europe, as well as G-III’s supply chain expertise to scale and grow the Sonia Rykiel business across apparel, accessories, and numerous other lifestyle categories.”

    Sonia Rykiel’s current owners Eric and Michael Dayan add: “We are thrilled to have found G-III, a true apparel and accessory powerhouse with a strong portfolio of globally recognised brands, as the new owners and stewards of the Sonia Rykiel brand. With G-III’s dominance in a diversified range of lifestyle categories, along with its well-established and broad range of retail partners, we see a bright future for the growth of the Sonia Rykiel brand. We have confidence and peace of mind that G-III will elevate the iconic Sonia Rykiel brand to its global potential.”

    G-III is best known for sourcing and marketing apparel and accessories under owned, licensed and private label brands.

    Its owned brands include DKNY, Donna Karan, Vilebrequin, and GH Bass.

    It recently reported second-quarter results that exceeded its guidance for both the top and bottom lines. For the period ended 31 July, net sales increased 62.5% to US$483.1m from $297.2m in the prior year’s quarter. Net income amounted to $19.2m, compared to a net loss of $15m last time.

     

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  • US apparel industry calls for tariff relief amid shipping crisis

    American Apparel & Footwear Association (AAFA) president and CEO Steve Lamar has sent a letter to US Trade Representative (USTR) Ambassador Katherine Tai requesting relief from the Section 301 tariffs that are remnants of the Trump administration’s trade war.

    The body says the tariffs are directly threatening the survival of thousands of businesses that are facing unprecedented shipping disruption.

    “Out of control freight rates and historic log jams at US ports are creating delays and costs that are wreaking havoc on supply chains,” wrote Lamar. “Every American company, whether engaged directly in international trade or an indirect beneficiary of international trade, is impacted by the chaos and cost increases caused by the shipping crisis.”

    He adds: This holiday season – what should be a time of great celebration – will be marred by empty store shelves, inflation and lost US jobs. And the interconnected value chains in our economy mean that this pain will be widely felt as companies and communities who thought they were insulated become increasingly exposed to these damages.”

    AAFA is calling on USTR to use its authority to provide immediate and short-term relief by retroactively reinstating Section 301 exclusions that have expired and suspending the collection of Section 301 tariffs going forward. According to AAFA, the millions of dollars made available by these actions would help those companies that are hardest hit by the shipping crisis and alleviate the shortage in truck chassis, caused in part by the Section 301 tariffs imposed on imported chassis.

    “Quick action by the administration can help stabilise and begin to roll back this crisis. We implore you to use the tools at your disposal to provide the kind of immediate and short-term relief that companies need today to survive this existential threat. We urge you to retroactively reinstate the expired Section 301 tariff exclusions. Further, we urge you to suspend the application of all Section 301 tariffs going forward. Combined, these actions would immediately make millions of dollars available to companies that are hardest hit by the shipping crisis.”

    Lamar continues: “While these actions won’t expedite goods through our troubled port infrastructure – for that we need quick and decisive action by other government agencies – it will free up resources companies need today to manage the historic freight costs and other transportation surcharges they are now experiencing. This relief will be a crucial lifeline, keeping companies in operation and employing US workers while we also work to ease port traffic and address other supply chain challenges.”

    Lamar’s correspondence follows a letter sent to President Biden earlier this week regarding the shipping crisis in which Lamar urged the President to take action to bring an end to the situation which he noted is already leading to higher prices, rotting produce, manufacturing shutdowns, and empty store shelves.

    The AAFA also wrote to the President in July to share its concerns about the effects of the shipping crisis and rising inflation on the US apparel and textile industry.

    Earlier this week, the AAFA applauded Biden’s promise to double US donation of Covid-19 vaccines and calls to support hard-hit Vietnam and Bangladesh.

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  • Top stories this week on Just Style…

    Here are the top stories on Just Style this week:

    EXCLUSIVE: Bangladesh garment innovation centre explained
    The garment sector in Bangladesh is focused on moving from being volume to value-driven in a bid to elevate its position in the global market. Rakib Abdullah Hil of the Bangladesh Garment Manufacturers Association (BGMEA) talks exclusively to Just Style about how the new Centre of Innovation, Efficiency and Occupational Safety and Health will help it get there.

    Market promising for clothing made from recycled materials
    With consumers’ increasing awareness of sustainability and building a circular economy, fashion companies, whether fast-fashion retailer H&M or luxury brands, are selling more and more clothing made from recycled materials.

    UK competition watchdog to crack down on green fashion claims
    The UK competition watchdog has warned businesses they have until the New Year to make sure their environmental claims comply with the law.

    What does China’s membership in CPTPP mean for apparel trade?
    Associate professor in the Department of Fashion and Apparel Studies from the University of Delaware, Dr Sheng Lu shares a preliminary analysis of the potential impact of China’s membership in CPTPP for related textile and apparel trade flows.

    British Fashion Council publishes blueprint for circularity
    The British Fashion Council’s (BFC) Institute of Positive Fashion (IPF) has published a Circular Fashion Eco-system (CFE) report which presents a blueprint for a circular fashion economy in the UK.

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