Events have conspired to drive global supply chains towards breaking point, threatening the fragile flow of raw materials, parts and consumer goods, according to companies, economists and shipping specialists.
The UK-based, globally-focused Leather Working Group (LWG), which provides certification for the leather manufacturing industry, has agreed to partner with Textile Exchange to grant reciprocal membership.
Louis Vuitton and Bulgari on Tuesday joined a legion of brands in dropping Chinese-Canadian pop idol Kris Wu, as sexual assault allegations swirling around the star drew condemnation across Chinese social media.
While the health situation in textile manufacturing countries like Vietnam, Indonesia and Pakistan is critical, there is concern in Bangladesh about the effects an imminent lockdown would have on its textile industry.
English industries warned the government on Monday that a COVID tracing app, which has told hundreds of thousands of workers to isolate, was wrecking the recovery and pushing supply chains to the brink of collapse.
The fashion industry is continuing to be “too slow” to deliver details on ethical practices, according to a new report by The Fashion Transparency Index, which tracks 250 of the world’s biggest brands and retailers.
Johnson & Johnson is exploring a plan to offload liabilities from widespread Baby Powder litigation into a newly created business that would then seek bankruptcy protection, according to sources familiar with the matter.