Austrian cellulosic fibre producer Lenzing expects its results for 2018 to be lower than those achieved in the previous two years as both earnings and revenue fell in the first quarter against the backdrop of a challenging market environment for standard viscose combined with currency headwinds.
One of the world's largest organisations for managing responsible sourcing in supply chains has opened a new office in Australia, in a move that means it will be able to help companies comply with expected new legislation to crack down on modern slavery.
Over 100 associations, representing sectors from US retail and manufacturing to agribusiness, have joined forces to call on the Government to develop a strategy to address China's unfair trade practices rather than impose tariffs they say could harm the economy.
A group of nine leading textile dye and chemical companies are calling for the industry to align behind one discharge standard for the elimination of hazardous chemicals in the supply chain, voicing concerns the ZDHC Foundation may not fulfill its intention to drive the sector towards convergence.
An industry body that works to promote 'Made in Myanmar' garments and sustainable practices has questioned how much of the country's minimum wage increase will be absorbed by international buyers as it comes into effect today (14 May).
A ranking of corporate performance on human rights has found that while there is a growing commitment from apparel companies to address gaps in reporting and transparency, there is also a lack of meaningful engagement from firms including Macy's, Kohl's and Under Armour.
Retail behemoth Walmart has its eye on growth in the Indian market with the acquisition of a majority stake in e-commerce retail giant Flipkart Group, in a move that will allow it to support local supply chains.
Fashion for Good, a global initiative trying to make fashion more sustainable, has welcomed three new participants to its Scaling Programme designed to fast-track the latest technologies for adoption across the apparel supply chain.
April proved a more subdued month for the majority of US apparel retailers still reporting their monthly comparable sales, as the Easter holiday shift into March took its toll with one reverting to its negative trajectory after a surprise uptick in March.