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Xinjiang boycott causes China sales to slump: H&M
The sales of the famous Swedish fashion brand, H&M saw a slump in China due to the boycott issues. The brand had also raised concerns over human rights abuses against Uyghur Muslims in China's Xinjiang province.
Noida’s apparel exporters getting back foreign orders
The apparel exporters in Noida are experiencing a comeback of the export orders as the western nations are slowly opening up after the effects of the pandemic. Noida has around 3,000 apparel manufacturing units.
Machine at H&M store converts old clothes into new
The award-winning in-store recycling machine, Looop, first cleans the old material, followed by shredding and spinning it into yarn which is used to knit a new product. Looop is the winner of the Fast Company’s 2021 World Changing Ideas Awards.
Spinnova & Suzano to open a commercial factory in 2022
Material innovation company Spinnova and the world’s largest wood pulp producer Suzano will make an estimated 22 million euro investment to build the first commercial scale SPINNOVA®production facility in Finland.
Data as a weapon in the fashion industry’s fight against climate change
Fashion, retail and textile players widely recognise the need to disrupt the status quo. In a recent study by the Economist Intelligence Unit and the U.S. Cotton Trust Protocol, 60 percent of executives picked sustainability as a top strategic priority for their organisation.
Textile waste is future raw material says GlobalData
A four-year study by the Renewal Workshop revealed 82 per cent of what is considered apparel and textile waste can actually be renewed and resold, effectively meaning brands are ‘sitting on their next supply chain’, it said.
Exports light up the market
In October 2020, the US issued a Withhold Release Order on cotton and apparel imports from specific producers in the Xinjiang Uygur Autonomous Region of China, escalating the already tense trade war between the two large economies.
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