The US-based Apparel Impact Institute (Aii), a nonprofit organisation, has announced its inaugural distribution of grants through its Climate Solutions Portfolio (CSP). Funded by lead partners such as the H&M Foundation, Lululemon, and the Schmidt Family Foundation, the CSP aims to channel $250 million into proven decarbonisation initiatives. The portfolio aims to unlock up to … Read more
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The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has called on the Customs House in Chattogram to streamline and expedite customs procedures for the readymade garments (RMG) sector. Led by BGMEA president Faruque Hassan, the delegation discussed key issues impacting the RMG industry, especially in the light of reduced orders due to the Russia-Ukraine war. … Read more
This autumn, H&M Move is challenging the notion that different outdoor pursuits demand different outdoor gear; the development of innovative and trademarked performance materials has allowed H&M Move to further explore the belief that one great functional wardrobe can unlock a world of outdoor activities. H&M Move’s latest collection is a range of high-performance, technical, … Read more
German sports company Puma has signed a multi-year extension of its partnership with Scuderia Ferrari, and will enjoy greater visibility as a premium partner starting next year. In the coming years, Puma will continue to be the licensing partner for Ferrari-branded products and the supplier of team and race wear for Ferrari in Formula 1. … Read more
Anta Group, together with companies like Alibaba, Yili Group, Midea Group, and Ningde Era, jointly signed the Business in Action—Sustainable Industrial Development commitments and submitted it to the United Nations for consideration at the second United Nations Sustainable Development Goals (SDG) summit. Simultaneously, Anta Group’s sustainable development case was selected for the SDG good practice … Read more
German manufacturer Adidas has introduced the MC87 4D, a limited-edition spikeless golf footwear model that combines an upper inspired by the clean and classic looks from the Adidas archives with the brand’s futuristic 4D midsole. The footwear is built on a gender-neutral last and will be available in a wide range of men’s and women’s … Read more
New Balance has today revealed the latest limited-edition boot for Arsenal and England footballer Bukayo Saka, the Furon v7 ‘Seven Edition’. Whilst still in the infancy of an already stellar career, the number seven has held huge significance in Saka’s fledgling personal and professional life. He was just seven years old when he joined Arsenal’s … Read more
Kate Spade New York unveiled its Spring 2024 collection during New York Fashion Week at the Chelsea Passage on The High Line—an iconic New York park elevated above the streets of Manhattan’s West Side. The collection celebrated Kate Spade’s brand DNA through the use of vivid colours, graphic patterns, and unexpected textures. The collection has … Read more
High tariffs on imports in Bangladesh is raising relative profitability for domestic market-oriented industries compared to exports, discouraging export-oriented production and acting as a major barrier to export diversification, according to economist Zaidi Sattar, chairman of the Policy Research Institute (PRI). Export diversification is not getting traction despite two decades of policy focus, he said. … Read more
