ESG Sustainable Procurement News and Updates
"Supply Chain Transparency" News Archive
EU's Game-Changing Move: Introducing Digital Product Passports for Sustainable Textiles
The EU's initiative for Digital Product Passports mandates transparency throughout product lifecycles, nurturing sustainability and circular economy practices by 2026. Businesses are required to adjust to meet compliance standards and cultivate consumer trust.
Dow Claimed to Be Recycling Used Sneakers Until Airtags Proved Otherwise
After Dow promised to turn the rubber of old shoes into playground and running track surfaces in 2021, Reuters tracked most of the shoes to secondhand markets or remote locations in Indonesia.
Unveiling the Fashion Industry's Greenwashing Challenge in The United Kingdom
The CMA joins forces with global partners to combat greenwashing, promote consistent standards, suggest legislative changes, and advocate for stronger enforcement actions, aiming to tackle the fashion industry's greenwashing challenge in the UK.
Levi's Recommerce Partner Secures $30 Million in Series E Funding
Levi’s Recommerce partner Trove secures $30 million in Series E funding, driving the expansion of its innovative resale network and partnering with industry experts for strategic growth.
PI Apparel Brings Together Top Merchants in New York to Explore the Latest Trends in Merchandise Planning
Last month, PI Apparel launched its first edition of their Merchandise Planning conference which is the first of its kind. The two-day event brought together leading Merchants to discuss the latest trends and developments in data analytics, smart forecasting, and strategic planning for casting supremely customer-focused products.
Ensuring Supply Chain Visibility and Transparency
Running a business and ensuring product quality at all times requires full visibility of your supply chain at every point along the way.
Gucci Joins the Ellen MacArthur Foundation as a “Strategic Partner”
Italian fashion house Gucci has joined the Ellen MacArthur Foundation as a strategic partner as part of its ongoing commitment to achieving positive change for both people and the planet.
Parent Companies of Zara, Uniqlo and H&M Invest 40 Million Euros in Infinited Fiber Company
The Finnish fashion and textile technology company Infinited Fiber Company has completed a 40 million-euro funding round from new investors such as Inditex, TTY Management, Youngone and Goldwin, as well as its existing ones.
Could Traceability Be the New Trend in the Fashion Industry?
Software-as-a-service (SaaS) tools are currently being utilized by approximately 100 multinational companies, including renowned brands such as Lacoste, Supima, and Primark.
Leather Working Group’s Positive Impact Continues to Spread with New Partnerships
Leather Working Group will continue to strengthen its ties with key players in the industry including Textile Exchange, in order to launch the Deforestation-Free Call to Action for Leather initiative this coming March.
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Ba&sh Champions Regenerative Farming in Collaboration with Nativa
The brand collaborates with Nativa to lead the transformation of Uruguayan farms toward regenerative practices, marking a strategic move to fund and support sustainable, environmentally conscious agriculture.
LVMH Aims to Cut Water Consumption by 30% by 2030
LVMH, the multinational conglomerate encompassing renowned luxury brands like Louis Vuitton and Givenchy, has committed to a formidable goal of reducing its global water consumption by 30% by the year 2030.
How Nike Makes Connections in Its Supply Chain to Fight Climate Change
A goal for any modern company is to figure out how to grow while also meeting the needs of the planet. This means financial questions must accompany bigger, more empathic questions, like, Will this process be better for people and healthier for the Earth?