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Data from Kearney indicates that while many in the sector show commitment to circularity, only a fraction have managed to scale efforts “effectively”.
China is introducing a train to cut logistics costs for Xinjiang cotton, however this could incentivise mills to use more Xinjiang cotton.
A report warns of the potential risk of people further down the supply chain as fashion companies accelerate their circular economy goals.
Textile Exchange has revised its Reclaimed Materials Declaration Form (RMDF) to improve the tracing of textile waste within the supply chain.
Global M&A activity rebounded with an 11% increase in total deal value in Q2 driven by falling interest rates, economic growth, and focus on supply chain resilience.
Circ is partnering with Tangshan Sanyou Group's Sanyou Chemical Fiber to expand access to recycled cellulosic fibres in China.
Italy is considering a fashion sector certification scheme after another brand was placed under court administration for worker exploitation.
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