14 December 2021, Mumbai:

Sensitive® Fabrics by EUROJERSEY for Spring-Summer 2023 offers a selection of printing technologies that highlight designs and textures with a material appearance and photographic effects in high definition colours and graphics.

The protagonist is the Eco Print with its sustainable performance which, with its coloured and metallic pigments, transforms fabrics into an expressive contemporary. With the placed print, lace and borders live directly on the garment positioned on the fabric, resulting in a collection of underwear and nightwear garments that dress in warm tones and intense colours for every solution.

Impalpable, comfortable, with a soft hand, Sensitive® Fabrics are the excellence for making any lingerie garment. Known for their aesthetic and technological qualities, breathable and pilling-free, they are irreplaceable for maximum comfort and calibrated support.

For the pleasure of the wearer, they have all the characteristics of a second skin that dresses and protects the body, giving elegance and practicality to its movements.

Source: Eurojersey Press Office

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15 December 2021, Mumbai:

Global trade further rebounds in Q1 2021, increasing by about 10 per cent year-over-year and 4 per cent quarterover-quarter. Exports from East Asian economies drive the rebound. In other developing regions, trade recovers more slowly. Developed countries’ trade improves. Trade in goods surpasses prepandemic levels, with the trade in COVID-related sectors remaining strong. Trade in services continues to lag behind. Global trade is expected to further rebound in Q2. For 2021, global trade is projected to grow by 16 per cent, but the outlook remains uncertain.

Global trade trends and forecasts

Amid economic disruptions from COVID-19, on the whole global trade held up relatively well in 2020. Much of the trade resilience was due to East Asian economies, whose early success in pandemic mitigation allowed them to rebound faster and to capitalize on booming global demand for COVID-19 related products. The positive trends from the last few months of 2020 grew stronger in early 2021.

In Q1 2021, the value of global trade in goods and services grew by about 4 per cent quarter-over-quarter and by about 10 per cent year-over-year. Importantly, global trade in Q1 2021 was higher than pre-crisis levels, with an increase of about 3 per cent relative to Q1 2019. The trade rebound of Q1 2021 continues to be driven by the strong export performance of East Asian economies.

In Q1 2021, the value of trade in goods was higher than pre-pandemic level, but trade in services remains substantially below averages. During Q1 2021, global trade of COVID-19 related products remained strong.

Looking forward, trade is expected to continue growing into 2021. Trade growth is expected to remain stronger for East Asia and developed countries, while still lagging for many other countries. The value of global trade in goods and services is forecast to reach US$ 6.6 trillion in Q2 2021, equivalent to a year-over-year increase of about 31 per cent relative to the lowest point of 2020 and of about 3 per cent to the pre-pandemic levels of 2019. Trade growth is expected to remain strong in the second half of 2021, the overall forecast for 2021 indicates an increase of about 16 per cent from the lowest point of 2020 (19 per cent for goods and 8 per cent for services).

UNCTAD (The news article has not been edited by DFU Publications staff)

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DAILY NEWS:

• Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

• Consumers will determine growth of sustainable fashion e-comm in India

• Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

• Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

• Nike strengthens retail presences with new store at DLF Mall of India,Noida

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 15 December 2021, Mumbai:

Report outlines Kontoor’s sustainability achievements in 2020 in accordance with GRI & SASB standards. The company is utilizing its unique model of owned manufacturing operations to significantly improve water conservation efforts.

GREENSBORO, N.C.--(BUSINESS WIRE)-- Building on its previous commitments and stated goals, Kontoor Brands, Inc. (NYSE:KTB), a global lifestyle apparel company with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today released its 2020 Sustainability Report, the second report in the company’s two years as a publicly traded organization. In accordance with the standards of the Global Reporting Initiative (GRI) and Sustainable Accounting Standard Board (SASB), the report details Kontoor’s progress in advancing its sustainability agenda focusing on People, Product and Planet – operating with the highest standards of ethics and transparency, seeking to source products and materials that are sustainable and from partners that share its values.

“Sustainability is core part of our DNA at Kontoor – a foundational element of how we do business around the world,” said Scott Baxter, Board Chair, President and Chief Executive Officer, Kontoor Brands. “While we are pleased with our initial progress outlined in the report, we recognize there is more that we can do. As we move ahead, we are committed to using our scale and purpose-led approach to drive meaningful environmental and social advancements for all of our stakeholders.”

Throughout a volatile 2020 for the apparel industry, Kontoor continued its holistic approach to its sustainability strategy which encompasses the end-to-end product lifecycle and is deeply engrained in the company’s overall business strategy. Kontoor Brands closely manages its supply chain and distribution, and directly owns one-third of its manufacturing operations. The company also leverages its strong relationships with third-party manufacturers and seeks to embed sustainability in all stages of production to improve the overall impact of its products.

“Although our industry faced substantial uncertainty over the last two years, we have used this time to strengthen our resolve to meet our goals and set new ones – for our people, products and the planet,” said Jeff Frye, VP of Procurement, Product Development, Innovation, and Sustainability, Kontoor Brands. “We’re incredibly proud of the progress we have made during this period and have rallied as a team and continue to focus on building a more resilient future.”

Report highlights include:

By deploying innovative water saving and recycling technologies such as Indigood TM, Kontoor has reduced water consumption by 8-plus billion liters since 2008, putting the company on track to achieve its goal of saving 10 billion liters of water by 2025. For the company’s more than 120 million units of apparel and accessories it produced in 2020, Kontoor’s teams sourced 50% of its cotton sustainably, on track to achieve 100% sustainable cotton in all products by 2025.

In alignment with the company’s goal to exclusively work with factories that support worker wellbeing, Kontoor’s teams initiated community development programs in select factories in Bangladesh to provide clean water, sanitation and hygiene facilities and education to benefit 1,200 local workers.

Kontoor is on track to use 100% preferred chemistry by 2025 and expects to announce a science-based climate target for greenhouse emissions in 2022. These goals are supported by a wide array of initiatives across Kontoor Brands’ production chain – from the focus on circularity and diverting materials from landfills to partnering with Business for Social Responsibility’s HERproject to improve access to healthcare knowledge and services for garment workers in Bangladesh. Kontoor is aiming to not only set and meet its own ambitious goals, but also to apply lessons learned and best practices transparently so that others can bring these innovations to life in their own manufacturing operations.

Kontoor Brands’ 2020 Sustainability Report has been prepared in accordance with the Global Reporting Initiative (GRI) Sustainability Reporting Standards and the SASB Apparel, Accessories and Footwear Industry Standard. To read the full report or to find additional information about Kontoor Brands’ sustainability approach and goals, visit KontoorBrands.com/Sustainability.

About Kontoor Brands Kontoor Brands, Inc. (NYSE: KTB) is a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands: Wrangler® and Lee®. Kontoor designs, manufactures and distributes superior high-quality products that look good and fit right, giving people around the world the freedom and confidence to express themselves. Kontoor Brands is a purpose-led organization focused on leveraging its global platform, strategic sourcing model and best-in-class supply chain to drive brand growth and deliver long-term value for its stakeholders. For more information about Kontoor Brands please visit www.KontoorBrands.com.

This press release may include “forward-looking statements” within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, these forward-looking statements can be identified by the use of words such as “may,” “might,” “will,” “should,” “expects,” “plans,” “goal,” “target,” “mission,” “strategy,” vision,” “roadmap,” “anticipates,” “believes,” “estimates,” “predicts,” “potential” or “continue” or the negative version of these words or other comparable words. Such forward- looking statements involve known and unknown risks, uncertainties and other factors which may cause actual results to be materially different from any future results expressed or implied by such forward-looking statements. Any statements that refer to expectations or other characterizations of future events or circumstances, such as statements about Kontoor’s sustainability commitments, objectives, targets, and plans, as well as our progress towards those goals are forward-looking statements. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, some of which are beyond our control and are difficult to predict. Risks and uncertainties include:

assumptions not being realized; evolving government regulations; our expansion into new products, services, technologies, and geographic regions; scientific or technological developments; evolving sustainability strategies; economic, competitive, technological, and public health factors affecting our operations, markets, products, services and prices; or other changes in circumstances; and the factors set forth under “Risk Factors” in Kontoor’s Annual Report on Form 10-K for the fiscal year ended January 2, 2021 and Kontoor’s Quarterly Report on Form 10-Q for the quarter ended October 2, 2021. You are cautioned not to place undue reliance on these forward-looking statements. Kontoor undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments, or otherwise, except as required by law.

BUSINESS WIRE (The news article has not been edited by DFU Publications staff)

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DAILY NEWS:

• Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

• Consumers will determine growth of sustainable fashion e-comm in India

• Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

• Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

• Nike strengthens retail presences with new store at DLF Mall of India,Noida

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13 December 2021, Mumbai:

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has been honoured with the Digital Bangladesh Award 2021 given by the ICT Division for the association's Biometric Identity and Worker Information Management System.

On behalf of Prime Minister Sheikh Hasina, State Minister for ICT Zunaid Ahmed Palak handed over the crest to BGMEA President Faruque Hassan at an event at the Bangabandhu International Conference Centre in Dhaka.

The premier attended the programme virtually from her official residence Gono Bhaban. PM's Principal Secretary Ahmad Kaikaus was present as the special guest.

BGMEA (The news article has not been edited by DFU Publications staff)

14 December 2021, Mumbai:

The adidas app, home of sport and style, aims to bring consumers closer to the action with instant access to the brand's latest and most innovative sports offerings, sneaker drops, seasonal apparel releases, and gear that fits their personal style.

Leading sportswear giant - adidas India launched its mobile shopping app to offer an elevated digital shopping experience to its customers across the country.

The adidas app, home of sport and style, aims to bring consumers closer to the action with instant access to the brand's latest and most innovative sports offerings, sneaker drops, seasonal apparel releases, and gear that fits their personal style.

The mobile app, designed to offer a personalized shopping experience to customers, is powered with AI technology, understanding user preferences with their new and improved wish-list, live chat option, and AR try-ons. It also provides simple and secure checkout for consumers with access to special offers, rewards, gifts, and exclusive events in just a few taps.

The app will act as the home of the global membership program - Creators Club, which unlocks the best of adidas. The program enables members to shop, review, participate, run and train to earn points, unlock rewards and experience the world of adidas. Rewards include exclusives that are member-only product launches, Member Extras in the form of vouchers, discounts & priority service, Hype Access to limited edition shoes and apparel, among others.

In the app, the brand has introduced features such as opt-in to instant notifications for consumers to get the latest performance stories that matter to them. With the app in hand, consumers can be the first to know about sneaker collaborations and shop the newest releases across categories.

The Creators Club membership program connects across stores, the website, and all adidas apps to give consumers access to exclusive products and experiences, as well as points for all their runs, workouts, and purchases.

Sunil Gupta, Senior Director, Brand adidas India, said, “With the launch of adidas app and the Creators Club membership program we are bringing personalized, secure, and smooth digital shopping experience to our consumers.

Creators Club is an exclusive connection to the best of sport and style and with it, we are offering our consumers a chance to experience the best products, experiences, and services from adidas."

Furthermore, the brand intends to elevate the consumers’ digital shopping experience with various offers, benefits, and products. The app will become the home of hype with the majority of the future drops being app first.

These would include the likes of Yeezy, Pharrell Williams and exclusive collaborations with Lego and Disney. Joining Creators Club will enable consumers to get immediate access to hype drops, discounts, and more.

Through its revamped digital store, www.adidas.co.in, and the mobile app the brand has re-enforced its digital presence enabling consumers from across India to experience and access the best of adidas.

The brand will be celebrating the launch of the adidas app, with a discount of 20 percent for all shoppers.

INDIAN RETAILER (The news article has not been edited by DFU Publications staff)

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DAILY NEWS:

• Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

• Consumers will determine growth of sustainable fashion e-comm in India

• Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

• Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

• Nike strengthens retail presences with new store at DLF Mall of India,Noida

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13 December 2021, Mumbai:

Exploration towards a new agreement for responsible supply chains in the garments and textile sector

13 December 2021 - Business, trade unions and NGOs have started negotiations on a new agreement to further human rights, international labour rights, the environment and animal welfare in the garments and textile sector. Parties jointly seek to drive leadership on responsible business conduct due diligence, aligned with the OECD Guidelines and the UNGPs on business and human rights.

The parties involved (see below) want to help companies implement the due diligence guidelines and facilitate companies from a garments sector perspective based on upcoming legal requirements. The EU will come with a legislative proposal in 2022, and also the Dutch government has committed to drafting due diligence legislation. The agreement aims to set the most impactful goals in the sector. The initial focus is on the national and international players active in the Dutch market, but the process is also open to organisations active in other European countries. It is expected that the new agreement will see the light in the course of early 2022, depending on the commitment of the Dutch government and the integration in the extended producer responsibility system of the sector, among others. The Social and Economic Council of the Netherlands (SER) facilitates the process.

Collective impact

Dialogue towards the agreement was born from the recognition that while progress has been achieved under the Dutch Agreement on Sustainable Garment and Textile (AGT), significant gaps remain in addressing complex and endemic human rights, international labour rights, environmental and animal welfare risks in the garments and textile sector supply chain. The AGT expires at the end of this year. Parties in the exploration process use the knowledge and experience built up in the AGT and in addition look at possibilities to include circular strategies into the new agreement.

“The agreement is being designed by the parties to be impactful. The approach focusses on clear, individual and shared commitments to drive collective goals. This gives the sector a common point of reference on how impact can be achieved on known risks in the sector,” says Jennifer Schappert, chair of the process on behalf of the SER. Schappert has extensive experience in the international RBC field within the garments and textile sector. For example, she led the negotiations at the OECD on the garments and textile sector guidance. At the OECD she carried out several alignment assessments on the extent to which sector initiatives are in line with the OECD Guidelines. The exploration of the new agreement is in line with the facilitating role of the SER to foster multi-stakeholder dialogue and cooperation.

Parties involved

The parties involved in the exploration process are:

- trade associations InRetail and Modint

- trade unions CNV and FNV

- NGOs Solidaridad and UNICEF.

About the SER

The Social and Economic Council (SER) is one on the main advisory bodies to the Dutch government and parliament on social and economic policy. In the SER, employers’ organizations, unions and independent experts (crown-appointed members) work together. The SER also brings together various parties to support multi-stakeholder initiatives on societal issues, like the agreements on international Responsible Business Conduct.