Tag: supply chain

Prada Cuts 200 Suppliers Over Compliance Violations

Prada has reportedly dismissed 200 suppliers due to compliance violations over the past five years while conducting a rigorous “zero tolerance” audit in response...

18% Tariff on Indian Imports: A Game Changer for US Textiles

On February 2, 2026, the United States and India announced a landmark trade agreement that will reduce U.S. tariffs on Indian imports to 18%,...

Business Groups Urge Suspension of LkSG in Germany

German business associations are urging the Bundestag and the Federal Government to suspend the Supply Chain Due Diligence Act (LkSG) following the initial reading...

US Textile Industry Applauds Guatemala Trade Deal

WASHINGTON, D.C. — The National Council of Textile Organizations (NCTO), which includes the entire U.S. textile supply chain from fiber and yarn to finished...

Canopy Unveils $2B Finance Platform for Sustainable Textiles

Environmental nonprofit Canopy has unveiled a wood supply risk assessment and a $2 billion financing mechanism at the current World Economic Forum in Davos,...

Komar Partners with GreenStitch for Sustainability Initiative

US-based apparel company Komar has joined forces with GreenStitch, an AI-driven sustainability intelligence platform, to launch the Supply Chain Sustainability Scorecard Digitalisation Project. This collaborative...

Trump Tariff Threats Forms EU, UK Apparel Market Uncertainty

President Donald Trump’s recent threats to impose tariffs on eight countries, primarily due to their lack of support for his bid to acquire Greenland,...

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