Argentine textile crisis shutters VF Corp factory

According to Farias, “the company wishes to shut it down as it plans to leave Argentina due to a lack of sales. They said they will keep two warehouses full of merchandise until 2018.” With operations to cease at the La Rioja plant, the company’s Argentine subsidiary will be pared down to one working factory located in Buenos Aires province. The closure of VF in Argentina is part of a la…

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Desigual launches open call for startups for second edition of ‘Awesome Lab’

This open call for applications, which can be submitted via the dedicated web platform, will be open until Monday March 27. From among all applicants, 8 to 10 companies will be shortlisted and will have to present their projects to a jury of experts in April.Finally, four companies will be selected to develop pilot projects and work with different areas of the company, from data analytics to lo…

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Coronavirus- what can retailers do to reduce its impact-

At a time of caution and uncertainty, many retailers have warned that they could face a shortage of new stock and see supply chain delays due to the coronavirus outbreak.While the disease’s final effect on world trade has yet to be determined, global companies can start putting plans into action to prepare for sudden changes in supply chains.

According to a report from international cou…

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France to go ahead with new tax on major tech companies from January 1

“The tax will be introduced whatever happens on 1 January and it will be for the whole of 2019, for an amount that we estimate at €500 million,” said Bruno Le Maire during a press conference in Paris.The measure “could be introduced as part of the PACTE bill (designed to foster economic growth)”, which was approved at the first reading in Parliament, and should be brought before the S…

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Five years after Rana Plaza disaster, many workers face ‘unacceptably dangerous’ conditions

Among the improvements needed, they said, are raising the minimum wage, regulating work hours, and mapping supply chains.The collapse of the eight-storey building on the outskirts of the capital Dhaka on April 24, 2013 also injured more than 2,000 workers, sparking demands for better safety in the world’s second-largest exporter of readymade garments.

The accident saw brands, unions and…

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Japanese kimono makers seek to revive declining industry

Demand for the elaborate, elegant centrepiece of the Japanese wardrobe is in decline, but a handful of artisans and entrepreneurs like Hirose, 39, are trying to revive it.”The kimono has become something that is very far removed from our daily lives,” said Hirose, who joined his family business after university.คำพูดจาก Read more

Adidas designs 100% recyclable running shoe

The project aims to tackle the problem of plastic waste, “enabling a ‘closed loop’, where the raw materials can be repurposed again and again. But not just repurposed into a water bottle or a tote, but into another pair of high-performance running shoes,” Adidas explained.The initiative requires some engagement from the consumer. Old shoes must be returned to Adidas, and are then washed…

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Global cotton consumption rising in 2017-18

Despite the highest cotton consumption in a decade, 2017-18 world production is expected to exceed consumption for the first time in 3 years, the Economic Research Service of USDA said in its ‘Cotton and Wool Outlook’ monthly report. Prior to 2015-16, global cotton production had been above consumption for five consecutive seasons.China—the leading spinner of raw cotton—accounts for one…

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