Footwear: 80% of Asian sourcing weakened by the effects of climate change Asia With the Digital Product Passport set to impose greater transparency and traceability on textile production chains from 2027, Scott Kelly,…
Free Customs duties: Shein and Temu raise prices Asia In the United States, in response to Donald Trump’s decision to raise customs duties to 145% on Chinese imports and end the de minimis rule from May 2,…
SaaS Lumi AI raises US$3.7 million in seed funding to simplify access to ERP data Africa, Middle East Based in the U.A.E., the start-up Lumi AI raised US$3.7 million in seed funding on March, 25,…
Marketplaces: Brussels wants to limit entry of non-compliant products Europe On February 5, the European Commission presented a set of measures to limit entry into the EU of e-commerce parcels deemed not to comply with local standards. These are mostly sold by Asian marketplaces, but not exclusively. The measures concern ‘non-European’ companies, i.e. those without a registered office in Europe.
Faced with Shein’s growth, the U.S. and the E.U. attack exemptions from customs duties Asia As the Biden administration has been threatening TikTok in America, the ultra-fast fashion giant Shein (GMV of US$45 billion in 2023,…
H&M and New Look strengthen their agreements on subcontracting practices Europe As companies are investing in CSRD, fashion retailers are signing more and more agreements to protect the rights of workers and subcontractors in their manufacturing and transport process.
