Shein Is Struggling to Clean Up Its Dirty Image Shein, the fast-fashion giant, has been making headlines for all the wrong reasons. Despite its popularity among shoppers for trendy and affordable clothing, the company is now facing scrutiny for its unsustainable practices. In its latest sustainability report, Shein revealed some alarming statistics that have solidified […]
Exclusive: Bata Group Names Panos Mytaros as New CEO
Exclusive: Bata Group Names Panos Mytaros as New CEO In the fast-paced world of footwear, leadership changes can make or break a company’s trajectory. Recently, the Bata Group made a strategic move by appointing Panos Mytaros as its new CEO, succeeding Sandeep Kataria. This decision marks a significant shift in the company’s direction and opens […]
Taiwan tightens rules on chip shipments to China
Taiwan Tightens Rules on Chip Shipments to China In the ever-competitive world of technology and semiconductor manufacturing, the recent actions taken by Taiwan have sent ripples through the industry. The news that Taiwan Semiconductor Manufacturing Company (TSMC) unknowingly sold chiplets used in Huawei’s AI chips has prompted Taiwan to enforce stricter export controls in line […]
Garment Workers Are at Risk. Fashion Can’t Afford to Look Away.
Garment Workers Are at Risk. Fashion Can’t Afford to Look Away. The recent surge in immigration raids by the Trump administration across various US cities has sparked widespread protests and legal battles. While the focus has primarily been on the individuals targeted, there is a significant ripple effect that extends to industries relying heavily on […]
Shein’s Planned Hong Kong Listing to Benefit From Wider Capital Pool, Analysts Say
Shein’s Strategic Move to Hong Kong IPO to Tap into Diverse Investor Base Shein, the fast-fashion e-commerce giant, is making headlines with its strategic decision to list on the Hong Kong Stock Exchange. Analysts are optimistic about this move, suggesting that it will not only help the company navigate the Western scrutiny it has faced […]
China proposes rare earth export relief for EU
China Proposes Rare Earth Export Relief for EU Talks continue over EV tariffs as China signals rare earth concession. In a significant development, China has proposed providing rare earth export relief for the European Union (EU). This move comes amidst ongoing discussions regarding electric vehicle (EV) tariffs between the two entities, showcasing China’s willingness to […]
Report: Shein and Reliance Doubling Down on India-made Fashion
Shein and Reliance Doubling Down on India-made Fashion: A Strategic Move Towards Global Expansion In the ever-evolving world of fast fashion, Shein and Reliance Retail are making strategic moves to solidify their presence in the market. The ultra-fast fashion giant, Shein, known for its trendy and affordable clothing, is teaming up with Reliance Retail to […]
Hong Kong startup targets lithium battery waste with AI-powered recycling system
Lithium Battery Waste Solutions: Hong Kong Startup Leads the Charge in AI-Powered Recycling Lithium battery waste is piling up, and a Hong Kong-based startup is showing the world that innovative solutions can tackle this growing environmental challenge. With the increasing popularity of electronic devices and electric vehicles, the demand for lithium-ion batteries has surged in […]
Prada Acquires 10% Stake in Italian Leather Group Rino Mastrotto
Prada Acquires 10% Stake in Italian Leather Group Rino Mastrotto Italian luxury fashion house Prada has made a strategic move by acquiring a 10% stake in the renowned Italian Leather Group Rino Mastrotto. This acquisition marks a significant milestone in the fashion industry, showcasing Prada’s commitment to expanding its presence in the high-end leather market. […]
Certifying sustainability: BioReCer’s impact on bio-based materials
Certifying Sustainability: BioReCer’s Impact on Bio-Based Materials Martin Clemesha of Braskem sheds light on the profound influence that BioReCer’s certification guidelines have on bio-based materials. The certification process plays a crucial role in ensuring sustainability and promoting eco-friendly practices within the bio-based materials industry. By adhering to BioReCer’s standards, companies can demonstrate their commitment to […]