Category Archives: News Briefs

Coats Digital launches GSDCostⱽ⁵ with fair wage tool and digital feedback loop

GSDCost by coatsCoats Digital, the software business of Coats, the world’s leading industrial thread company, has launched GSDCostⱽ⁵, the latest, highly intuitive, browser-based version of the only globally recognised, time-cost manufacturing standard for apparel brands and manufacturers.

Gary Thompson, Senior Director, Strategic Partnerships and Alliances, Coats DigitalGary Thompson, Senior Director, Strategic Partnerships and Alliances, Coats Digital commented, ‘As our industry begins to emerge from the COVID-19 crisis, businesses face unprecedented demand volatility and cost pressure, while consumers are increasingly holding brands to account over sustainability. Responding to these challenges will require greater levels of collaboration between brands and manufacturers, more accurate and transparent costings with a fair allowance for a living wage, and optimised manufacturing methods and costs. I am delighted that the launch of GSDCostⱽ⁵ will play a key role in helping to support brands and manufacturers address these challenges, while also driving sustainable cost-efficiency and speed to market.’ Continue reading Coats Digital launches GSDCostⱽ⁵ with fair wage tool and digital feedback loop

Out of the shadows: A spotlight on exploitation in the fashion industry.

Our new report brings data from the Fashion Checker transparency tool to life, detailing the stark contrast between fashion brands’ big claims, and the reality of their supply chains.

At the midpoint of the “Big Four” fashion weeks, “Out of the shadows” shines a light on the poor work practices and poverty wages of the garment sector. The report found that despite their sweeping promises, none of the surveyed brands can prove that all workers in their supply chain earn a living wage. Continue reading Out of the shadows: A spotlight on exploitation in the fashion industry.

India’s  Ready -Made Garment (RMG) Export Update for FY (April-June) 2020-21

RMG exports were to the tune of USD 803.37 million in June 2020 with a decline of  34.84  per cent against the corresponding month of June 2019, which was USD 1232.87   million. Cumulative RMG exports in dollar terms during April-June, 2020-21 is USD  1446.31    million registering a decline of 65.32   %.

In rupee term export for the Month of June 2020 was Rs  6083.70 Cr. as against Rs.  8560.93   Cr. in June 2019 with a decline of 28.94 per cent. RMG Exports in Rupee terms during April-June, 2020-21 is Rs. 10955.42 Cr. registering a decline of 62.23%. Continue reading India’s  Ready -Made Garment (RMG) Export Update for FY (April-June) 2020-21

Israeli Textile Printing Firm ‘Kornit Digital’ Expands Partnership With Amazon

kornit digital printing of textiles and garmentsKornit Digital, manufactures and markets industrial digital printing technologies for the garment, apparel, and textile industries, Signs an Agreements with Amazon

Haaretz.com, the online edition of Haaretz Newspaper in Israel has quoted Ronen Samuel, CEO of Kornit Digital saying: “The business is on fire – fashion companies are moving online and to textile printing on demand.” He was speaking as the Israeli company conducted its fourth share offering in the past two and a half years and signed an expanded agreement with Amazon that will triple its sales to the online retail giant.

Kornit digital printing solution for textile and fashion enables mass customization of printed textile products in on-demand short and micro runs to shorten the supply chain to days instead of months and does so within the target markets to reduce negative environmental impacts. According to the company, the online digital fashion and textile printing market will grow to $25 billion by 2023, up from $18 billion in 2018. Continue reading Israeli Textile Printing Firm ‘Kornit Digital’ Expands Partnership With Amazon

Cradle to cradle product standard for Texon Vogue Sahara

7th September 2020

Texon earns gold level material health certificate according to cradle to cradle product standard for Texon Vogue Sahara following G-STAR RAW projectTexon Jeans-labelProviding further evidence of its commitment to sustainability, Texon today announced that one of its materials, Texon Vogue Sahara, has received a Gold level Cradle to Cradle Material Health Certificate. The certificate was awarded to Texon by the Cradle to Cradle Products Innovation Institute – a global, not-for-profit organization, dedicated to transforming the safety, health and sustainability of products through its Certified Product Standard. Continue reading Cradle to cradle product standard for Texon Vogue Sahara

Government urges Filipinos to ‘buy local’ amid surge in domestically produced PPE

Organisations across the Philippines have been urged to buy locally made PPE personal protective equipment), as the amount produced by Philippine manufacturers sharply increases.

Amid severe shortages of PPE at the start of the pandemic, the Philippine Board of Investments (BOI) kick-started started a scheme to encourage manufacturers to repurpose their production lines towards producing facemasks, gowns and other items needed in the fight against Covid-19.

New statistics now show that the country’s manufacturers have dramatically risen to the challenge.

PH-PPE-MFG-Capacity-Infographics

Philippine manufacturers are now producing 60 million facemasks every month, compared to only 6 million in January – an increase of 900% – with the expectation that this will rise to 66.4 million before 2020 is out. Continue reading Government urges Filipinos to ‘buy local’ amid surge in domestically produced PPE

Muse Wearables Startup launches a Made-in-India AI-powered Smart Band

Muse Cue an Artificial Intelligence-powered Personal Wellness Smart Band

Muse Wearables Startup launches a Made-in-India AI-powered Smart Band to alert users to COVID-19 symptoms. Muse Cue’ Personal Wellness Smart Band can detect silent hypoxia at an early stage and will enable digital consultations with specialists based on the symptoms detected

Chennai, 4th September 2020: Indian Tech Startup Muse Wearables launched an Artificial Intelligence-powered Personal Wellness Smart Band equipped with a skin temperature sensor and ‘context-aware’ activity tracking. Called ‘Muse Cue,’ this made-in-India device can detect silent hypoxia at an early stage and has an Intelligent ‘cough analysis’ tool to predict and alert users in advance of the onset of  COVID-19 symptoms. Continue reading Muse Wearables Startup launches a Made-in-India AI-powered Smart Band

UNECE guidance for the energy efficiency and renewables sector will support small businesses to drive the green recovery

Solar panel installation
Man installing alternative energy photovoltaic solar panels on roof

Micro-, small and medium enterprises (MSMEs) are among the worst hit financially by the COVID-19 pandemic. They represent over 90 percent of all companies in most countries in the United Nations Economic Commission for Europe (UNECE) region and are responsible for over half of GDP. Therefore, the economic recovery depends to a large extent on the ability of MSMEs to survive the crisis and improve their viability. From the sustainability perspective, this is crucial for MSMEs that deliver energy efficient products and services and provide renewable energy equipment. If successful, they may become a driving force in the “green” recovery post-COVID-19 crisis. Continue reading UNECE guidance for the energy efficiency and renewables sector will support small businesses to drive the green recovery

Reliance Retail to acquire retail & wholesale business and the logistics & warehousing business of the Future Group

 

Tweet of Bhushan Shirude, Founder - MedlifeTweet of Bhushan Shirude, Founder – Medlife

Mumbai, 29th August 2020: Reliance Retail Ventures Limited (RRVL), subsidiary of
Reliance Industries Limited, today announced that it is acquiring the Retail &
Wholesale Business and the Logistics & Warehousing Business from the Future
Group as going concerns on a slump sale basis for lumpsum aggregate consideration
of INR 24,713 crore, subject to adjustments as set-out in the composite scheme of
arrangement (Scheme).

Continue reading Reliance Retail to acquire retail & wholesale business and the logistics & warehousing business of the Future Group

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