Supply chain news and archive

Asos partners with GoodWeave to address labour rights in supply chain

Online retailer Asos has announced it is partnering with GoodWeave International, a non-profit organisation working to end child, forced and bonded labour in global supply chains, to address label risks in fashion apparel and accessories suppliers in India. The collaboration will mean that Asos will utilise GoodWeave’s assessments in its supply...

2 Feb 2023

Business

Fashion supply chain finance platform, Twinco Capital, raises 12m dollars to expand

Twinco Capital, a global supply chain finance solution that covers the production cycle from purchase order to final invoice payment, has secured a 12 million dollar equity and debt round. The Amsterdam and Madrid-based fintech business, which was founded 2019 by bankers Sandra Nolasco and Carmen Marín, said it is on a mission to reduce the...

24 Jan 2023

Fashion Featured

Frustration grows around supply chain audits and certifications

According to experts the certification system that's supposed to signify manufacturers’ compliance with labor standards is woefully inadequate and endlessly confusing. While the situation has improved since the 90s when the fashion industry was rocked by reports that Nike products were created in sweatshops with underage workers, the process...

17 Jan 2023

BusinessFeatured

H&M, Zara and Gap among brands found to be unfairly treating Bangladesh suppliers

A new report by Transform Trade has found a number of major high street fashion retailers to be paying and treating their Bangladeshi suppliers “unfairly”. The likes of H&M, Gap, Next, Primark and Zara are among the brands named for paying factories below the cost of production. Entitled ‘Impact of Global Clothing Retailers’ Unfair Practices on...

9 Jan 2023

BusinessFeatured

Mango publishes tier 3 factory list as part of new sustainability strategy

Fashion retailer Mango has become “one of the first major fashion companies in Spain” to publish its tier 3 factory list, following on from the release of its tier 1 and 2 suppliers. It comes as part of the company's new sustainability strategy, ‘Sustainable Vision 2030’, through which it hopes to emphasise the traceability and transparency of...

2 Jan 2023

Business

German Supply Chain Law comes into force on 1st January 2023

The “Act on Corporate Due Diligence in Supply Chains” was passed by the German Bundestag in June 2021 and will come into force in a few short days - on 1st January 2023. It will initially cover large companies with 3,000 or more employees, and from 2024 also companies with 1,000 or more employees. What does this mean for companies? From Sunday,...

29 Dec 2022

Business

Brands attempt to cover tracks following PETA investigation into down suppliers

Following an investigation into Vietnam-based down suppliers, a number of retailers have reportedly attempted to cover their tracks and remove any links to producers of the material. The People for the Ethical Treatment of Animals (PETA) unveiled its findings from its investigation into Vietnamese farms and slaughterhouses last month, revealing...

19 Dec 2022

Business

Ecovative acquires new facility to expand mycelium production

Mycelium technology company Ecovative has announced the acquisition of Lambert Spawn Europa, a mushroom spawn production facility in the Netherlands. The purchase will vertically integrate a source of mushroom substrate within the operations of Ecovative to further expand its production of mycelium materials and products. The new line of supply...

16 Dec 2022

Business

Former Yeezy-Adidas head launches sneaker production and innovation lab

A new BIPOC-led footwear production studio has launched after securing a six million dollar fundraising to support its development. The LA-based ‘FCTRY Lab’ is a footwear prototyping lab and venture studio that aims to democratise sneaker production and open-source innovation for emerging and established designers and brands. Its base in the US...

15 Dec 2022

BusinessFeatured

Shein pledges 15 million dollars to upgrade supply chain factories

Fast fashion e-tailer Shein has said it plans to spend 15 million dollars on upgrading the hundreds of factories in its supply chain over the next three to four years. In a release, the controversial retailer said the investment would focus on physical enhancements to suppliers’ factories as part of its Supplier Community Empower Programme...

5 Dec 2022

Business

UK retailers face ‘inventory crisis’ in evolution of global supply chain woes

A new report by Unleashed has found that UK clothing and fashion businesses are holding 57 percent more stock compared to pre-pandemic levels as new supply chain challenges come to head. In its ‘Manufacturers Health Check’ report, the firm analysed more than 4,500 SMEs through four data points; value of stock on hand, Gross Margin Return on...

1 Dec 2022

Fashion

Demand for fashion to expand global supply chain apparel production

A growing demand for fashion will boost the global apparel supply chain market at a CAGR of 3.8 percent until 2028. The forecast growth is fuelled by the increase of e-commerce for the purpose of buying apparel, which in turn increases usage of the clothing supply chain for its pre-production segment, impacting the market growth. Data from the...

28 Nov 2022