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Google partners with Stella McCartney, The Textile Exchange and (WWF) on responsible sourcing platform

24 November 2021, Mumbai:

Google has launched its Global Fibre Impact Explorer (GFIE), created as a tool to provide companies with data needed to make responsible sourcing decisions. The programme was developed in partnership with the World Wide Fund for Nature (WWF) and a number of fashion retailers and organisations, to facilitate its relevancy to the industry.

The platforms primary goal is to aid brands in identifying high-risk fibres in their operations, helping them to understand potential impacts and risks of specific sourcing decisions.

Primary inquiries for the tool began back in 2019, with the first version now available for brands to use instantly.

World Wide Fund for Nature - Wikipedia

Built on Google Earth Engine and utilising Google Cloud technology, the programme asses the environmental risk of different fibres across regions, displaying information centred around air pollution, biodiversity, climate and greenhouse gases, forestry and water use. Risks assessment is available for over 20 different fibre types, including natural and synthetic materials.

Participants can upload fibre portfolios, with the request to include information on models, certifications, volumes and country of origin.

Analytical technology will be used to determine these details in line with data sources, such as governance assessments and fibre production, finally generating an overall risk evaluation, from low to very high risk. Results are determined from several subsections related to the fibre from the information provided.

Stella McCartney Logo | evolution history and meaning

Brands will also be presented with recommendations for both targeted and regionally-specific risk reduction, with opportunities to work with farmers, products and communities presented.

Broad industry partnerships

Google worked alongside luxury brand Stella McCartney, with the label helping “to understand the industry’s needs and to test the platform”. It stated, in the announcement, that while implementing the tool, the brand was able to identify cotton sources in Turkey that were facing increased water and climate risks.

Adidas, Allbirds, H&M Group and VF Corporation were among other brands and retailers also involved in the testing and refinement of the programme, ensuring that it remains useful to the industry as a whole.

As its initial development phase is now completed, both Google and WWF are looking to transition the platform to the nonprofit, Textile Exchange. The organisation will continue to develop the tool, onboard new brands and work towards an industry-wide launch in 2022.

Brands can now register their interest in the platform and pursue the goal of making better, more responsible fibre choices. FashionUnited.in

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

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Google partners with Stella McCartney, The Textile Exchange and (WWF) on responsible sourcing platform

VISIT FESPA EURASIA 2021 between 2nd - 5th December 2021 at Istanbul, Turkey

20 November 2021, Mumbai:

FESPA Eurasia is the leading B2B event for the print and signage industries held annually in İstanbul. More than 120 companies will be represented and over 8,500 professionals will attend from more than 80 countries.

FESPA Eurasia postponed until December 2021 - Sign Directions Online

FESPA Eurasia includes large format digital printing, screen printing, textile printing, signage, car wrapping, 3D printing, commercial printing, display, LED, print and signage software, consumables and more.

The next edition of FESPA Eurasia will take place at the new location, IFM Istanbul, between 2nd - 5th December 2021 showcasing the most up to date technology and applications to equip visitors helping to grow their businesses.

FESPA Global Print Expo, October 2021: 'BRINGING COLOUR BACK' | Substrate  Bank®

FESPA Eurasia is organised by FESPA, the global federation and the centre of knowledge of the print industry, whose experience is over 55 years. In partnership with ARED, the Signage Association of Turkey, both print and signage technologies will be presented with the very latest solutions. FESPA’s global reach alongside with ARED’s domestic connections make FESPA Eurasia the perfect place to expand your business across the Eurasia Region. FESPA

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

FESPA

 

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TOP 5:

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

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

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

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

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VISIT FESPA EURASIA 2021 between 2nd - 5th December 2021 at Istanbul, Turkey

Bangladesh can support 'US Cotton' in expanding its market

Cotton leaders eye growing market share in post-pandemic era despite price hike

The US can supply more reliable and high-quality cotton to Bangladesh, the second-largest importer of cotton in the world.

Bangladesh's Economy: What Did It Do Differently To Ride Out the Pandemic?  - RMG Bangladesh

The global giant is also eyeing a growing market share in the post-Covid-19 pandemic era.

Although US cotton is now costlier with the raw material seeing a global price hike, cotton sourced from the country can lower the cost at the end of production for mills, manufacturers, as well as brands and retailers, based on its quality and reliability supply.

Cotton prices soared 21% year-on-year to $1.99 per kilogram in the January-March quarter of 2021, according to World Bank Commodities Price Data. 

Its price rose initially to 85.5 cents per pound, the highest in the last four years, mainly because of a looming trade war between the US and China, much to the chagrin of Bangladesh's apparel makers.

This year in October, cotton was traded at $1.20 from 90 cents in the international markets, the highest in the last decade according to industry insiders.

Despite Covid-19, Bangladesh’s cotton imports increased 9% in marketing year (MY) 2019/2020, to 7.5 million bales [or 1.63 million metric tons (MMT)].

Bangladesh now depends less on India for cotton | The Daily Star

Bangladesh’s high demand during the first half of the marketing year combined with success in combating the Covid-19 outbreak has allowed textile and garment companies to maintain operations, despite a few short-term disruptions.

US cotton exports to Bangladesh in MY19/20 reached 230 thousand metric tons (TMT), up 28.9% over MY 18/19.

The US cotton market share was approximately 14 % in MY19/20, which is second to India’s 23% market share.

For FY 20/21, it is estimated that Bangladesh’s cotton imports will slightly decrease to 7.1 million bales, given the uncertainty in global demand and relatively low import numbers in the first months of MY2020/21 according to global forecasts.

The overall growth of the sector looks positive, remarked Ali Arsalan, Bangladesh representative of Cotton Council International (CCI), as he mentioned that 1.5-2 million spindles look to be added in the next 2 years. 

To support this growth and users of US cotton, the complimentary Cotton USA Solitons Team can assist spinning mills with everything from courses on how to buy US cotton to bale management and processing of US fiber.

Currently, Bangladesh imports only 11% of its cotton from the US.

Market overview

“I believe the maximum market share of US cotton achieved in Bangladesh was around 15% in the last 20 years. It varies a little every year and this year the market share is around 11%.

It is on the lower side, due to price and shipment issues. In 2019-2020, the market share was around 13-14%. However, there is a major change in Cotton USA as it overhauled its policy recently with the aim to re-conceptualize the sustainably sourced cotton,” said William R. Bettendorf, director of supply chain marketing of South and South-East Asia of Cotton USA.

Bangladesh can assist US cotton in expanding its market | Dhaka Tribune

According to cotton sector leaders of the USA every bale of cotton supplied is tested, quality-guaranteed, and provides a better spinning consistency while keeping sustainability at its core, but geographical distance makes US cotton expensive and non-tariff barriers such as marketing and educating the local spinners about the benefits of US cotton are other major challenges.

“No one in the world can supply quality cotton-like us. Every step of cotton production is data-driven, which gives us more insight. We have also leveraged technology to eradicate boll weevil from all cotton-producing areas of the United States, with the exception of a small region in southern Texas that does not put the unnecessary and additional cost burden on local importers," added Bettendorf.

However, Bangladesh still resorts to a half-century-old fumigation process that is not done by any other major cotton importing markets like China or Vietnam.

“We also carry out third-party investigations, audits as well as provide necessary knowledge-transfer to importers of cotton from the US to give them the maximum benefit while reducing the carbon footprint of the industry for sustenance,” said Joerg Bauersachs, head of CCI Technical services.

On the other hand, Bangladesh Textile Mills Association (BTMA) thinks the government needs to address non-tariff barriers entailing freight and fumigation and others for the industry to develop further.

BTMA president Mohammad Ali Khokon said: “The fumigation test is a duplication of the test at Bangladesh port since the US cotton is fumigated before shipment and there is no report about the rejection of the US cotton consignment to date. American farmers and traders use modern ginning techniques so that the cotton does not pick up any contaminant during shipment and use at mills.” DHAKA Tribune

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

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Dear Reader, we at DFU Publications are committed to providing the latest news updates on trade development and insights, to keep our readers informed. Stay tuned. Subscribe to our newsletter

 

TOP 5:

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

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

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

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

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Bangladesh can support 'US Cotton' in expanding its market

VDMA TFL Industry Meeting on 9th/10th December 2021 in Nuremberg

18 November 2021, Mumbai:

VDMA Textile Care, Fabric and Leather Technologies Industry Meeting in Nuremberg on 9th and 10th December. Of course, we are aware that it is a challenge to hold such an event under the current corona conditions. However, we will do our utmost to ensure that you feel comfortable and safe with us.

Especially after many months of restriction, we all look forward to the personal contact with each other. We have put together an exciting and varied program for you.

On 9th December programmed is a joint lunch and then followed by two workshops on the two highly topical subjects of "Increasing Protectionism in the USA-China-EU Triangle - Impact on Mechanical Engineering". After the workshops, there is a world-famous Christkindlesmarkt before ending the evening at the traditional Nuremberg restaurant Bratwurst Röslein.

VDMA to be led by Paus - KHL Group

On the morning of 10th December, scheduled is," Current topics that move the industry at the VDMA TFL members' meeting, such as current industry developments from a European and American perspective, as well as a presentation by the VDMA European Office Brussels on the topic of the "EU Green Deal".

10th December after, up on the agenda is," A future-oriented visit to Siemens in Amberg as a highlight followed by visiting the brand new center THE IMPULSE there.

There, Siemens will describe the "big picture" of the future of automation, explain future technologies, and demonstrate concepts for the further development of industry in today's world.

Source: VDMA

VDMA Textile Care, Fabric and Leather Technologies: European Industry  meeting with election of new board of directors - TEXTILE VALUE CHAIN

 

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VDMA TFL Industry Meeting on 9th/10th December 2021 in Nuremberg

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