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Burberry: Receives SBTi approval

11 August 2022, Mumbai:

Burberry receives SBTi approval for the net-zero emissions target.

Burberry is the first luxury fashion brand and one of the first companies globally to receive approval from the Science Based Targets initiative (SBTi) for its net-zero emissions target.

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This validation confirms that the goals Burberry has set to reach net-zero emissions by 2040 are based on the latest climate science and meet the urgent need to keep warming to 1.5°C in line with the Paris Agreement. Burberry’s net-zero target is underpinned by a series of commitments across scope 1, 2, and 3 emissions.

In the near term, we commit to reducing absolute scope 1 and 2 greenhouse gas (GHG) emissions 95% by 2023 from a 2017 base year and reduce absolute scope 3 GHG emissions by 46.2% by 2030 from a 2019 base year.

In the long term, we commit to maintaining at least 95% absolute scope 1 and 2 GHG reductions from 2023 through 2040 against an FY2017 base year, while reducing absolute scope 3 GHG emissions by 90% by 2040 from a 2019 base year.

Scopes 1 and 2 cover emissions generated from Burberry’s own operations.

Caroline Laurie, VP of Corporate Responsibility, Burberry: “The Science Based Targets initiative (SBTi targets) plays a critical role in ensuring ambitions set by businesses are in line with the latest climate science and will contribute to tackling the climate emergency.

Luiz Amaral, Chief Executive Officer of the Science Based Targets initiative (SBTi companies): “Climate science tells us that we need rapid and deep emissions cuts if we are to achieve global net-zero and prevent the most damaging effects of climate change.

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Gucci: Crypto coin as payment to be accepted

09 August 2022, Mumbai:

Gucci has become the first major brand to start accepting payments in the form of the Bored Ape Yacht Club-affiliated ApeCoin (APE).

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The move towards crypto by the Gucci brand comes notwithstanding the cryptocurrency industry is living up to its legendary volatility.

As of now, Gucci will accept ApeCoin in US stores and plans to expand that reach across the rest of its North American presence. Apecoin's price has soared from nearly $6 on August 2 to $7.4 on August 9.

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

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Lenzing: Reports earnings for the first half-year

03 August 2022, Mumbai:

Lenzing reports significant revenue growth and solid earnings for the first half-year.

The Lenzing Group’s revenue grew by 25.2 percent year-on-year to reach EUR 1.29 bn in the first half of 2022, primarily due to higher fiber prices. The earnings trend mainly reflects the cost trend in global energy and raw material markets, which affected the whole manufacturing industry.

Energy, raw materials and logistics costs rose sharply once again in the reporting period after cost pressure had already risen steadily throughout the 2021 financial year.

As a consequence, earnings before interest, tax, depreciation, and amortization (EBITDA) decreased by 13.3 percent year-on-year to EUR 188.9 mn.

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RELATED NEWS .  Lenzing: Expands carbon-neutral fiber portfolio for Workwear

Revenue up by more than 25 percent, earnings impacted by a sharp rise in energy, raw material, and logistics costs

·       Key projects in Thailand and Brazil successfully commissioned

·       Further development of the corporate strategy with a focus on profitable growth and accelerated transformation to a circular economy model

·       Lenzing continues to advance purposefully toward Group-wide climate neutrality

·       Earnings guidance for 2022 confirmed: EBITDA expected significantly above the 2021 level.

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The countdown to SS23 begins

29 July 2022, Mumbai:

Copenhagen Fashion Week SS23 is fast approaching -

a week of shows, events, activations, and creative expressions will light up the city of Copenhagen from 9 - 12 August. With a full schedule of physical catwalk shows, each showcase will be live-streamed for our global audience around the world.

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SS23 International Guest Program

Each season we ensure to invite some of the most directional and relevant international leaders from the press and influential valued directors from global retailers, this season with the support of Creative Denmark. 

Event and presentation schedule for SS23

For the SS23 edition, the event and presentation schedule celebrates a range of showcases, activations, launches, and releases from some of our most exciting emerging and international leading brands both from the Nordics and from afar.

Accreditation for SS23 closes 1 August Accreditation for SS23 closes 1 August for press, buyers, and industry figures interested in attending the showcases on the official CPHFW show schedule.

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Cotton Brazil: 13th Brazilian Cotton Conference

08 August 2022, Mumbai:

Tuesday – 16th August
9 am São Paulo, 12 am GMT , 8 pm Beijing

Abrapa (the Brazilian Cotton Growers Association), together with ApexBrazil (the Brazilian Trade and Investment Promotion Agency) and Anea (the Brazilian Cotton Shippers Association) invite you to the "Cotton Brazil - 13th Brazilian Cotton Conference" online event.



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Challenges and Perspectives for the Brazilian Cotton on Global Scenario: Analyzing the global market and relations to Cotton Brazil.

The conference will discuss the challenges and perspectives for Brazilian cotton in the current global scenario, bringing valuable insights and implications to your market.

The brazil cotton association event outlining Brazilian cotton quality will be held in English and offered to international guests only.

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Munich Fabric Start: Unveiling The Source

02 August 2022, Mumbai:

THE SOURCE, the new one-stop solution for integrated fashion sourcing by Munich Fabric Start Exhibitions GmbH, is fully booked.

In the listed Lokhalle, which with its gigantic dimensions is one of the largest cantilevered historic steel halls in Europe, THE SOURCE offers flexible sourcing services and solutions for newly conceived value chains on around 2,500 m2 in direct connection to MUNICH FABRIC START and BLUEZONE.




"To expand as a trade fair during the Corona crisis and in challenging times for the fashion industry is anything but a matter of course and was definitely a gamble. We are all the more pleased that we know even before the fair: It was right and important", says Sebastian Klinder, Managing Director of Munich Fabric Start Exhibitions GmbH.

65 selected international manufacturing companies will present their offerings from cut-make-trim (CMT) to high-end production at the new fair from 30 August to 1 September 2022.

A cluster of key sourcing countries such as Portugal, Turkey, Morocco, Tunisia, Bosnia, and Vietnam will create a business-relevant mix for risk diversification, the right product mix, and for every genre.

"End-to-end solutions from PLV to white label for brands, labels, and retailers are a strongly growing segment, which we offer with THE SOURCE an extremely high-quality environment in the long term and in close partnership with our exhibitors. We value a segment that is treated rather uncharitably in many places.

THE SOURCE will take place parallel to the MUNICH FABRIC START (30/08 – 01/09/2022) and BLUEZONE (30/08 – 31/08/2022) fairs, which will continue the pre-pandemic success story with a total of almost 900 exhibitors.

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Spotlighting Innovation @ ITMA 2023

28 July 2022, Mumbai:

Innovation @ the Heart of Transformation

The textile industry has undergone an exciting technological transformation, driven by ground-breaking innovations. This transformation is showcased at the ITMA innovation launchpad held every four years.



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From the first exhibition that took place in 1951 in Lille to its upcoming edition in Milan next year, ITMA will host yet another global gathering of textile industrialists. 

The showcase displaying world-class solutions will be supported by an exciting series of activities that spotlight innovation.

Here’s a quick glimpse of the offerings:

Discover game-changing solutions @ Start-Up Valley Explore cutting-edge

R&D projects @ Research and Innovation Lab

Hear from ITMA Award winners and finalists, and industry speakers @ Innovator Xchange Watch selected videos by ITMA 2023 exhibitors @ Innovation Video Showcase

Learn about win-win collaborative efforts by ITMA exhibitors and their customers recognised @ ITMA Sustainable Innovation Award.

Explore: Fashion Brand News l Apparel News l Lifestyle News l Retail News l Textile News l Trade News l Startup News

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MAS Holdings: Enters venture with BAM

07 August 2022, Mumbai:

MAS increases its investment in the supply chain and re-affirms confidence in Sri Lanka.

MAS Holdings launched a new venture by acquiring the assets of BAM Knitting (Pvt) Ltd., a leading fabric manufacturing and finishing operation in Sri Lanka. MAS Holdings takes the majority stake in the new venture, with BAM Knitting as its joint venture partner. This investment further enhances Mas holdings ltd’ capabilities in the knitting, dyeing, and printing space for cotton fabrics and expands its backward vertical integration on the island..

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The new joint venture will benefit from the technical resources and expertise of MAS, following the appointment of MAS specialists to key roles in the company, as well as MAS’ vast global experience in apparel and textile manufacturing.

Significant synergies are expected from the acquisition, including production capacity enhancements and collaborations on new product developments. “This acquisition is timely, both from the perspective of MAS and the Sri Lankan economy,” said Suren Fernando, CEO of MAS Holdings.

“It enables MAS to increase the verticality of our Sri Lankan operations and mitigates the increasing volatility of global supply chains and costs of logistics while increasing the overall value added by MAS. It also highlights our continued confidence in Sri Lanka as a sustainable and competitive destination for apparel manufacturing, despite the ongoing economic challenges.”.

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01 August 2022, Mumbai:

ISKO and ISKO™Luxury by PG will attend the International Denim Trade Show BLUEZONE hosted by Munich Fabric Start on August 30-31.

The fair will be the occasion to discover ISKO's iconic by-nature technologies and the born-to-amaze collection in collaboration with the wizard of denim Paolo Gnutti.

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Will you attend the event?

Iconic By Nature: Take the journey with it.

BORN TO AMAZE A U G U S T 3 0 & 3 1 | B L U E Z O N E MUNICH – Zenith – Lilienthalallee 29 HALL 6 – BOOTH C07

Come and discover the most exclusive solutions for the world of premium, luxury denim.

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Cinte Techtextil China'22: From 6 – 8 Sep

27 July 2022, Mumbai:

The 2022 edition of Cinte Techtextil China has been confirmed to take place from 6 – 8 September at the Shanghai New International Expo Centre.

2021 saw 366 exhibitors and 14,868 visits recorded at the June hybrid event, which offered in-person and digital options for suppliers and buyers.

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This year’s edition of Cinte Techtextil China marked the first time the fair was held annually, and in the second year, physical and online participation options were available, with both aspects well received by exhibitors and visitors.

Ms Wendy Wen, Senior General Manager of Messe Frankfurt (HK) Ltd elaborated: “The response from our exhibitors this year was the Chinese market is still growing strongly, and having an annual edition allows them to benefit from these opportunities on a more regular basis. The domestic economy has shown strong resilience over 2020 and so far in 2021, and this has allowed the technical textiles and nonwovens sector to maintain the growth momentum it has experienced over the past years.

As more economies return to normal in 2022, we expect export orders for the sector to receive a further boost which will benefit those overseas companies with business in the Chinese market.”

Ms Wen continued: “We hope that by September 2022 all of our overseas exhibitors and visitors can join us in Shanghai once again.

(Cinte Techtextil China Report)

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EU-India Free Trade negotiations

06 August 2022, Mumbai:

EU-India Free Trade negotiations: an opportunity to rebalance trade relations and promote a global sustainable textile industry.

Today’s trade relations between the EU and India in textiles and apparel/clothing are characterised by a large and systemic trade deficit for the EU; annual imports from India exceed €6 bln (2021) – making it the 4th supplier – while EU exports to India reached just half a billion – the 20th place in our export markets.

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Today’s trade relations between the EU and India in textiles and clothing are characterised by a large and systemic trade deficit for the EU; annual imports from India exceed €6 bln (2021) – making it the 4th supplier – while EU exports to India reached just half a billion – the 20th place in our export markets.

Against this background, the free trade negotiations are an opportunity to rebalance that relationship; European textile and clothing companies can offer high-quality and innovative products for the Indian market.

EURATEX, as the voice of textiles and apparel manufacturers in Europe, supports an ambitious EU trade agenda. In this context, EURATEX highlights that the sector needs open and efficient markets.

India today benefits from reduced customs duties due to GSP. For European companies instead, market access to India is challenging.

Director General Dirk Vantyghem commented: “We look to these negotiations with great interest. The FTA is an opportunity to develop a shared ambition between the European and Indian industry to make sustainable textiles the norm, and to create a regulatory framework where our companies can compete in a free and fair environment.”

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IAF: 37th World Fashion Convention, Bangladesh In Nov

30 July 2022, Mumbai:

IAF is proud to invite the global apparel industry to its 37th World Fashion Convention that the global industry body is organizing with its Bangladeshi members, BGMEA and BKMEA.

Registration for these events has now opened on the joint, dedicated convention website The Convention will contain a full-day conference and a networking dinner, both held on Tuesday, November 15 as well as an industry tour held on Wednesday, November 16, and/or Thursday, November 17.

RELATED NEWS .  The 37th IAF World Fashion Convention to be held in Bangladesh, Nov'22 


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The theme of the convention is Transforming Fashion Together “. The theme carries the message of supply chain collaboration and together with the strong industry associations BGMEA and BKMEA, IAF is sending the message that the major challenges of our industry today can only realistically be met when there is a true collaboration between buyers and their suppliers.

During this convention, there will be a constant discussion about practical solutions to such industry challenges as digitalization, sustainability, and more effective business models involving the entire supply chain.


IAF conventions are well-established industry events featuring a high level of speakers and delegates. Previous speakers came from PVH, H&M, Hugo Boss, etc.

It expects about 300 delegates at each event, from over 20 countries.

(IAF Report:

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Bangladesh: Landmark Employment Injury Insurance scheme for apparel workers

22 July 2022, Mumbai:

The toilsome history of Bangladesh’s new landmark Employment Injury Insurance (EII) scheme for apparel workers and why it needs to be made a permanent reality.

Clean Clothes Campaign has written a timeline of the decade-long process of achieving an Employment Injury Insurance Scheme in Bangladesh.

The memo exposes the arguments between brands and employers that lead to huge delays and highlights the need to continue campaigning to turn the pilot into a long-term reality.

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In late June, the Bangladeshi government, in association with employers, trade unions, the International Labour Organisation (ILO), Germany, and the Netherlands, successfully released a landmark pilot project of the country's first Employment Injury Insurance (EII) scheme for apparel workers.

This pilot has been in progress by the ILO since 2015. Ineke Zeldenrust of Clean Clothes Campaign remarks, “This is a milestone for the over 4 million garment workers in Bangladesh. Seven years have passed since all parties agreed to introduce an EII scheme and five years since the proposal of a ‘bridging solution’.”

This pilot programme comes off the back of almost a decade of work and considerable pressure from Bangladeshi trade unions and civil society organisations supported by Clean Clothes Campaign. To highlight the long history of the EII pilot scheme and the disasters that acted as catalysts for brands and employers, Clean Clothes Campaign has pulled together a timeline of the process.

This timeline tracks the history of the scheme, the bridging solutions that came in between, and shows the heavy campaigning that occurred to ensure the pilot was successfully implemented.

Ineke Zeldenrust of Clean Clothes Campaign states, “We have been campaigning on an injury insurance scheme since 2005. The pilot was hugely delayed due to disagreements between brands and employers.

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