Coronavirus set to deal heavy blow to Italy’s ailing economy

More than 220 people have come down with the virus in Italy since Friday, latest data showed, the vast majority in the wealthy northern regions of Lombardy and Veneto. Six… Read more

Europe adopts new VAT rules for online businesses

As part of the EU’s digital single market strategy, the proposals are aimed at facilitating the collection of VAT when consumers buy goods and services online.“This revamp of the rules will make our… Read more

Orders sink for Italy’s luxury suppliers as virus spreads – sources

Italy, home to scores of specialist manufacturers of high-end goods from shoes and leather goods to menswear, has seen the biggest epidemic of the virus outside China, prompting Rome to… Read more

U.S. apparel watchdog probes Jockey’s Indian partner after human rights abuse allegations

The investigation by U.S.-based Worldwide Responsible Accredited Production (WRAP) comes after Norway’s $1 trillion (774 billion pounds) sovereign wealth fund dropped Page from its investment portfolio due to concerns of… Read more

Tapestry announces 2025 corporate responsibility goals

Highlighting several objectives – such as building diversity in its North American and brand leadership teams; reducing gender and ethnicity differences in the company’s Employee Inclusion Index scores; and establishing… Read more

Desperate Indians sell family gold to survive Covid cash crunch

It was not an easy decision — Jogani was desperate after her garment business took a severe hit in the past year and a half with multiple coronavirus lockdowns, making… Read more

EU targets textiles and packaging in plan to halve waste by 2030

Frans Timmermans, who is leading the EU’s drive to become the first climate-neutral continent by 2050, told European lawmakers in Brussels that the share of materials recovered and recycled in… Read more

UK firm Coats launches new footwear division

As independent companies, Coats, Texon, and Rhenoflex were already established leaders in the development of sustainable and innovative performance materials for footwear and accessories applications. Now, the company said Coats… Read more
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