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After the outbreak of COVID-19, Philippines is upbeat that foreign buyers would continue to look at it as a source for clothes to be sold. And with the proposed passing of Corporate Income Tax and Incentives Rationalization Act (CITIRA) into law, new investments into the garment factories are expected to rise....
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Outdoor mark Timberland launched a collection of workwear made from recycled materials. The company has implemented ReBOTL technology to create a revolutionary material for the entire range using recycled plastic bottles. Calling the material RPET (Recycled Polyethylene Terephthalate), the brand has currently used more than 445 metric tons of plastic waste for this collection which includes plastic bottles....
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The ITM 2021 Exhibition, which is postponed to 22-26 June 2021 due to the coronavirus pandemic outbreak, will direct the world and Turkish textile industry, which will demonstrate a vigorous comeback in the post-pandemic period....
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In the midst of the normalization cycle following the coronavirus outbreak, Istanbul’s Laleli, Osmanbey and Merter districts predict an overall trade volume decline of up to 40% over 2020....
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SynZenBe has teamed up with global suppliers and apparel brands worldwide to create the first digitally conscious online trade show. The SynZenBe Show is a one-week digital trade show and conference built on the underlying technology powered by www.SynZenBe.com, and will allow brands and suppliers to connect in real time to strengthen existing and potential business opportunities...
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A recent global survey by US Cotton Trust Protocol has shown that 54 per cent of sustainability leaders at apparel and textile brands saw customers’ demands for environmentally sustainable practices and products rise since the Covid-19 pandemic, while 59 per cent reported that they believe customers still continue to prioritise price when making purchases....
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H&M has announced plans to close 170 of its stores as a result of declining sales amid the coronavirus crisis....
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Williams is entering the luxury fashion house at a difficult but interesting time, with the fashion calendar being disregarded by a number of major designers (including Gucci and Saint Laurent) and the luxury market blighted by the coronavirus pandemic. ...
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The statement says several European and North American brands and distributors have canceled or postponed orders due to the pandemic ‘s decline in retail sales in Europe. Consequently, millions of Cambodians will fall back into poverty because of this crisis as unemployed workers receive just a $30 stipend from the factory and $40 a month from the government. Therefore, the statement urged the European Union to postpone the effective date of partial withdrawal of the All But Arms (EBA) trade benefits of Cambodia for one year due to the Cambodian pandemic....
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The ILO has developed six action-oriented guidelines to help Asian garment factories navigate through the COVID-19 pandemic and create business resilience....
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