Levi Strauss & Co. and Marks & Spencer launched the Fashion Renewable Collaborative in New York to help mills and factories access renewable electricity.
Cascale’s Athens meeting put financing, accountability and business value at the centre of supply-chain transformation.
The platform combines supplier-energy programmes and supports power purchase agreements, certificates, on-site generation.Read More
US clothing retailers held $58.5 billion in inventory in January 2026 as holiday overbuying, long lead times and tariff uncertainty lifted risk.
Retailers estimate 15.8 per cent of 2025 sales and 19.3 per cent of online sales will be returned, adding sorting and resale pressure.
Off-price, liquidation, export, recommerce and live-selling resellers are gaining as EU rules curb stock destruction.Read More
Lectra, DeSL and TrusTrace unveiled separate fashion-tech capabilities in September, pointing to rising control of the product-data layer.
Enterprise AI agents and EU regulation are converging on structured, validated product and supply-chain data.
Brands may shift decisions from single tools to platforms that provide the underlying data foundation, increasing the value of systems of record.Read More
Bangladesh has eased imports of specialised synthetic fabrics for seamless sportswear, high-value fashion items and functional apparel.
Its RMG exports reached $38.70 billion in FY2025–26, or 80.62 per cent of total exports, while most MMF yarns and fibres are imported.
US apparel shipments from Bangladesh were about $4.66 billion in January–July 2026, down 6.5 per cent year on year.Read More
EU ministers have adopted temporary trade-liberalisation measures covering around 80 per cent of Armenian exports to the EU for two years.
The move is meant to support Armenia after recent Russian trade restrictions and strengthen Armenia-EU trade flows.
Importers get lower duties across a broad product range, including certain agricultural goods.
Safeguards remain if imports hurt EU producers.Read More
Evonik plans to close smaller sites in Hamburg and Bitterfeld by mid-2027 while keeping the businesses mainly at larger German locations.
The move affects around 90 employees across cosmetics, personal care and chlorosilane operations.
Customer supply is set to continue through sites including Essen-Goldschmidtstrasse and Rheinfelden.Read More
BASF is in advanced feasibility work for a possible MDI production complex at Dahej, Gujarat, after securing an industrial land parcel through its Indian subsidiary.
The project could add local MDI supply for customers in India and neighbouring markets, pending approvals.
MDI serves polyurethane demand in insulation, refrigeration, automotive, furniture and consumer goods.Read More
KARL MAYER will celebrate its 90th anniversary with a global innovation series at its Obertshausen headquarters in September 2027
Across 5,000 sqm, visitors will experience new machinery, textile applications and production solutions.
It will prioritise the anniversary programme over ITMA 2027 in Hanover, while presenting new developments at ITMA ASIA 2026 in Shanghai and Changzhou.Read More
UK retail spending expectations slipped to +5 in September from +8 in August, while BRC-Opinium data showed weaker views on economy and finances.
For fashion and textile retailers, softer confidence signals cautious demand as bills outpace shop prices.
BRC said the Budget should focus on living costs and freeze the business rates multiplier to limit further retail cost pressure.Read More
Garware Hi-Tech Films and Lubrizol have signed an MOU to develop and manufacture TPU-based products in India, combining Lubrizol technology with GHFL processing and manufacturing.
The platform targets automotive, architectural, industrial, electronics and speciality applications, and supports in-house TPU extrusion for premium PPF to improve consistency, efficiency and reduce import reliance.Read More