Latest news with #GlobalFashionSummit
Yahoo
9 hours ago
- Business
- Yahoo
TrusTrace Releases Sustainability Compliance Playbook
Global supply chain traceability and compliance platform TrusTrace released its new framework to streamline data collection and comply with industry regulations. Playbook: The Data Advantage—A Practical Guide to Building De-risked, Compliant and Future-Ready Supply Chains launched at the Global Fashion Summit in Copenhagen. The playbook introduces the TrusTrace Compliance Canvas, a framework designed to help brands and manufacturers more effectively collaborate on streamlined, standardized supply chain data. TrusTrace worked with brands such as Adidas, Hugo Boss and Primark to gain insights into their processes and needs for data collection and traceability. More from Sourcing Journal TrusTrace's New, AI-Powered Data Hub Gives Insights on Supply Chain Compliance Primark Launches In-Store Repair Workshops in the US Primark CEO Paul Marchant Resigns Following Company Investigation 'At Primark, we've focused on creating clarity for our suppliers by aligning on the data that matters most and building the internal systems and skills to use it well,' said Cari Atkinson, head of product traceability and assurance at Primark. 'Working with TrusTrace has helped us turn complex data requirements into something more manageable for our teams and suppliers.' TrusTrace's playbook is structured around four pillars. The minimum data package of the TrusTrace Compliance Canvas offers a streamlined summary of essential data points for compliance with industry regulations, creating a common foundation for collaboration to reduce the data collection and reporting burden. The second pillar is understanding data requirements, which is a clear breakdown of current and upcoming environmental, social and governance regulations, outlining data needed, why it matters and how to comply. The third pillar, practical insights from industry leaders, includes the input from fashion brands, as well as perspectives from Epic Group, Impetus Group and Karacasu Tekstil, ranging from raw material sourcing to garment finishing. 'This work is going to create a demand for data…and the lack of harmonization across countries means we need a just the [rule of] law,' said Tércio Pinto, head of innovation at Impetus Group. And finally, the executive briefing and future risk outlook includes insights from AAFA, Policy Hub, TrusTrace and the London School of Economics on the growing legal, financial and reputational risks companies face and how robust supply chain data can help mitigate that risk. 'My north star is to get supply chain-related data to the same robustness as financial data,' said Sigrid Buehrle, senior vice president of sustainability and ESG at Adidas. 'That's where we need to get to, with an effective data landscape and a standardized approach to data collection and evaluation.' TrusTrace said that contributing brands and suppliers emphasized the challenges presented by subjective interpretation of regulations coupled with a lack of standardization of methodologies as barriers to effective sustainability and traceability reporting. Through its Compliance Canvas platform, which is enhanced by AI technology, brands and suppliers can standardize how supply chain material traceability data is captured, digitized and shared. 'As data becomes the new cornerstone of compliance and climate readiness, brands need more than intention—they need infrastructure,' said Shameek Ghosh, CEO and co-founder of TrusTrace. 'This playbook outlines what actionable, standardized data collaboration should look like.' Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Daily Mail
10 hours ago
- Politics
- Daily Mail
Queen Mary of Denmark dons daring ensemble to visit the Global Fashion Summit in Copenhagen
Queen Mary of Denmark donned a daring outfit as she visited the Global Fashion Summit in Copenhagen this morning. The Australian-born Queen, 53, put her best fashion foot forward as she arrived at the summit at DR Concert Hall. The mother-of-four stepped out in grey Bermuda shorts and a matching blazer which was cinched at the waist with an orange belt. She oozed confidence in the chic two piece which she completed with nude stiletto heels for the occasion. Upon Mary's arrival, she was greeted by Federica Marchionni, CEO of Global Fashion Agenda, and Alice Roberta Taylor, Chief of Staff. During her visit, Mary explored various stands at the fair and she was given a tour of the venue. Mary's brunette locks were styled in soft curls and her glam makeup enhanced her sophisticated look. The Global Fashion Summit, presented by Global Fashion Agenda, aims to foster industry collaboration on sustainability in fashion. Today marks the second day of the three-day event, which is taking place in and around Copenhagen - a city respected for its trendy street style and minimalist designs. As she turns her attention to the world of style, the Queen has brushed off harsh criticism levelled at herself and King Frederik X for turning their backs on one of their 'main promises'. The royal couple visited Nordre Toldbod in Copenhagen where they boarded their Royal Ship, Dannebrog, for the official launch of the 2025 sailing season. But the decision to board the mighty ship was scolded, as the vessel said to emit 60 times more CO2 than the average Dane emits in one year. The pair sail on board the yacht through Danish waters every year. This year they will set off on their first 'major' sail on August 25 for four days but the summer cruises often last as long as two weeks depending on the schedule. In 2024, their sailing tour also included trips to Sweden, Norway and Greenland. The ship's impact on climate change has been questioned by local royal and environmental experts who branded the move 'disappointing and pathetic', leaving the Royal House no choice but to respond. In a written, translated response to the Danish Broadcast Corporation, the Palace's new head of communications wrote: 'The Royal House is aware of the dilemma associated with Dannebrog being powered by conventional fuel. The mother-of-four stepped out in grey Bermuda shorts and a matching blazer which was cinched at the waist with an orange belt '[We are] currently investigating the possibility of using alternative fuels with a view to reducing emissions from the Royal Ship. 'At the same time, it is important to emphasise that Dannebrog is a historic ship with symbolic and representative significance for Denmark. It is a gathering point, no matter where in the Kingdom it is located. The royal ship is in great demand.' Royal House expert Sebastian Olden-Jørgensen told B.T. News that it was 'only a matter of time before the climate issue hit the Royal House', especially given the King's public commitment to the environment. 'As the royal couple, we are concerned with being able to contribute to passing the planet on to the next generation in good condition, which requires that we promote the green transition,' King Frederik wrote in his book 'King's Words' at the start of his reign. Before the drama hit, the royal pair were busy carrying out their jam-packed schedule while moving out of home and into their summer residence on the shore of Lake Esrum in Fredensborg with Queen Margrethe. They moved residences on Monday 5 May to Fredensborg Palace, where they will be taking up residence in the eastern wing, known as Chancellery House, for the summer. The King and Queen along with their three youngest children Princess Isabella, Prince Vincent and Princess Josephine, moved into Fredensborg Palace alongside Frederik's mother, Queen Margrethe, who had already taken up residence in the main palace. The expansive property on Zealand island in Denmark has plenty of room to accommodate the whole royal family. It is something of a homecoming for the royal couple, who lived full-time in the Chancellery from 2004-10 when he was still the Crown Prince and Amelienborg Palace in Copenhagen was being refurbished. But royal watchers are intrigued by the fact that former monarch Queen Margrethe is staying in the main palace, while the current King and Queen's family have moved into the secondary accommodation in Chancellery House. Royal expert and historian Lars Hovbakke Sørensen explained to Danish publication B.T. that it was 'completely unproblematic' for the current King and his family to be living in the palace's secondary residence. The expert explained that although it might seem unusual, Lars said it was an 'obvious' result of Queen Margrethe opting to abdicate the throne in 2024, rather than it passing to her son following her death. '[W]e have a completely different situation than ever before, where we have a living, former regent,' explained Lars. As the northern hemisphere summer approaches, the Danish royal family traditionally move their residence to Fredensborg Palace. For most of the year, Frederik and Mary live at Amalienborg with their four children – Crown Prince Christian, 19, Princess Isabella, 18, and 14-year-old twins, Prince Vincent and Princess Josephine. However, Prince Christian will not be joining the royal family at Chancellery House this summer as he remains stationed in the town of Slagelse as part of his compulsory military service.
Fibre2Fashion
a day ago
- Business
- Fibre2Fashion
CEOs of The LYCRA Company & Qore join Global Fashion Summit lineup
The LYCRA Company, a global leader in developing sustainable fibers and solutions for the apparel industry, announced that its CEO, Gary Smith, is a speaker at the Global Fashion Summit: Copenhagen Edition 2025. He will be joined on stage by Jon Veldhouse, CEO of Qore, the maker of QIRA, a next-generation BDO and a key ingredient in bio-derived LYCRA fiber, which is launching later this year. The LYCRA Company and Qore will debut at the Global Fashion Summit 2025 in Copenhagen, with CEOs Gary Smith and Jon Veldhouse discussing their new bio-derived LYCRA fibre made with QIRA. Launching later this year, the fibre uses corn-based BDO, offers 70 per cent renewable content, and can cut LYCRA's carbon footprint by up to 44 per cent, requiring no fabric or process changes. Smith and Veldhouse will discuss the development of this sustainable fiber made from annually renewable field corn during their Fireside Chat: From Farm to Fashion. Their session takes place on Wednesday, June 4, at 3:35 CEST in the DR Concert Hall. The discussion will be moderated by Amy Nguyen, a researcher, writer, and founder of Sustainable & Social. This is the first time both companies are participating in the Global Fashion Summit, a premier platform focused on sustainability in the fashion industry. The companies have a prominent exhibit space for attendees to learn more about bio-derived LYCRA fiber made with QIRA. Here, visitors can be transported to the Qore site and cornfields in Iowa through a virtual reality experience. Bio-derived LYCRA EcoMade fiber will be the world's first large-scale, commercially available renewable elastane. It delivers equivalent performance to the original LYCRA fiber and serves as a one-to-one replacement with no re-engineering of fabrics, processes, or garment patterns required. The product contains 70 percent renewable content and can potentially reduce the carbon footprint of LYCRA fiber by up to 44 percent. The LYCRA Company holds patents related to this renewable fiber in several regions including Europe. 'We're proud to join the Global Fashion Summit for the first time and showcase how collaboration can accelerate a more sustainable future for fashion,' said Gary Smith, CEO of The LYCRA Company. 'Partnering with Qore has enabled us to scale innovation that is renewable and ready to meet the demands of global fashion brands striving to meet their sustainability goals.' The newly constructed Qore site in Eddyville, Iowa, began operating last month and has started producing QIRA. The company will host a grand opening celebration in July. 'Starting production at our new state-of-the-art facility marks a major step forward—not just for Qore, but for the entire industry,' said Jon Veldhouse, CEO of Qore. 'With QIRA now being made in Iowa from annually renewable field corn, we're turning sustainable innovation into reality and helping our partners bring next-generation materials to market.' Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged. Fibre2Fashion News Desk (HU)
Yahoo
a day ago
- Business
- Yahoo
EXCLUSIVE: Arvind, Fashion for Good's ‘Near-Carbon-Neutral' Factory Initiative Seeks to Break Industry Paralysis
What will it take for low-impact textile manufacturing innovation to operationalize and scale beyond the 'blah blah blah' of good intentions but lethargic action that has locked the industry in action-plan paralysis? Arvind Limited and Fashion for Good want to find out. The Indian production giant and the Amsterdam innovation platform are at the Global Fashion Summit in Copenhagen this week to solicit support for a new double-pronged initiative, dubbed Future Forward Factories India. More from Sourcing Journal 'The Buyer is God': How Unfair Purchasing Practices Occur 'With Impunity' in India's Garment Industry Labor Department, Which 'Ridiculed Supporting Worker Rights Abroad,' Responds to ILAB Lawsuit Shein's Climate Ambitions Have Been Validated. Now What? Its first part is something the sector is familiar with: an open-source blueprint featuring a portfolio of best-in-class technologies and emergent-but-tested solutions that could collectively slash greenhouse gas emissions at Tier 2 material production by as much as 93 percent. The second, perhaps less so. Arvind and Fashion for Good want to build a demonstration plant that would bring them jointly online, validating not only their environmental benefits but—more important, especially in these cash-strapped times—their business case. The idea, said vice chairman Punit Lalbhai, who oversees Arvind's textile, advanced materials, engineering and agriculture division, is to pivot away from pushing individual technologies' adoption to creating a bundled 'end-to-end concept' that can then be replicated by other suppliers looking to retrofit an existing facility or build one from scratch. Zeroing in on the second tier made easy sense because it's also the highest source of energy, chemical and water use. Emissions-wise, it accounts for 55 percent of the value chain's total pollution, according to numbers crunched by the Apparel Impact Institute. Despite its outsized attention, Tier 1's finished goods assembly, in contrast, contributes only 9 percent. 'I think nothing works better than seeing it with your own eyes and actually experiencing all the value creation that is promised,' Lalbhai said. 'Many of these concepts are innovations. And innovations, by their very nature, are inherently risky to some extent until you know they are proven at scale in real-world conditions without the safety net of small-scale pilot sponsorship.' The dearth of end-to-end demonstration that matches disruptive machinery with the energy transition is one of the reasons the industry gets stuck in pilot mode, said Katrin Ley, managing director at Fashion for Good. Supplying this 'missing step' could combat supplier fatigue, reduce capital and technology risk and overcome implementation challenges, she said. But there's a catch. Building the demonstration plant would cost somewhere in the neighborhood of 30 million euros, or $34 million. Its establishment is still contingent on whether Future Forward Factories India can bridge the 25-30 percent funding gap that remains. Hence, the stumping for investors who can stoke the efforts of on-the-ground partners such as Bluwin, Wazir Advisors, Grant Thornton and Sattva Consulting. Already, the program has the backing of so-called 'catalytic' funders such as the Laudes Foundation, Apparel Impact Institute and IDH The Sustainable Trade Initiative. Finding more will help get the initiative over the finish line and create what Ley calls a multiplying effect that could extend beyond India. 'This is really about co-creation,' she said. 'In the past, we've talked about the issue of brands focusing on assessing suppliers, creating a plan of action, but then seeing the recommended solutions hardly implemented. We want to turn this around and start with, indeed, ambition from the supplier side, but then also to co-create this together with the brands. So both parties have to play a role in making this a reality.' The new factory is poised to save roughly 60 liters of water per kilogram of fabric while operating what Arvind and Fashion for Good say will be the industry's first 'near-carbon-neutral' textile production center. The aim is to churn out 3 million meters of fabric each month, whether natural or man-made, solid or print, knit or woven. Inefficiencies due to poor forecasting will be tackled by layering in more responsive, just-in-time manufacturing with the typical mass-scale production, which could help mitigate overproduction—another major contributor of emissions. Lalbhai estimates that it will take about a year to build, depending on where the facility will live and the type of existing utilities—ideally wind and solar—that it will be able to tap into. But they're ready to start work whenever the money to do so comes in. The blueprint has a more immutable deadline: September. Arvind and Fashion for Good aren't naming names right now but the technologies will span a gamut, from low-temperature enzyme pre-treatment to waterless dye carriers to heat and water recovery systems. Together they could drive as much as a 30 percent reduction in steam, 41 percent in water and 33 percent in electricity. Innovation will be behind the planned minimization of chemicals. A similar approach is set to improve wastewater quality so less treatment is required when it flows out of the plant. 'We have everything ready to go,' Lalbhai said. 'We have actually a few technologies coming in, irrespective of whether the funding comes or not. But we'd like to bring this life in its full completeness, so the funding is a very important piece for us to begin.' Future Forward Factories India also has a human component. A portion of the blueprint will be dedicated to helping workers achieve what is known as a 'just transition.' This means incorporating training and development in what Lalbhai described as a 'unversity-type situation' that can help upskill employees, allowing them to move into more sophisticated manufacturing jobs—or leave the textiles trade altogether. 'We are going to introduce programs that help people to go to better-earning opportunities, so that we have predictable, planned attrition with always a batch leaving and a batch coming, with the batch that's leaving at hopefully more than double the earning potential of the incoming batch,' he said. 'And I think it's also an opportunity to show how textile manufacturing, which is one of the largest employment creators in the developing world, has an opportunity to be rebranded in terms of how it's perceived as an employer.' Arvind and Fashion for Good are holding onto the hope that despite the economic tumult caused by geopolitical strife and exacerbated by President Donald Trump's whipsawing tariffs, brands remain committed to their climate targets despite the high investment costs and the less tangible payback. If nothing else, the initiative is 'super attractive' in terms of marginal abatement costs, said Ley, referring to the price of reducing one unit of carbon. The European Union's forthcoming carbon border adjustment mechanism, intended to place a fair price on the greenhouse-gas content of imported products at its border, could provide further tailwinds. While Lalbhai declined to name Arvind's buyers, only saying that it's 'very indexed' on North America, followed by Europe, the manufacturer appears on the public supplier lists of boldface names such as Gap Inc., Levi Strauss & Co., Hugo Boss and Marks & Spencer. Whether it can get the buy-in it needs is now the biggest question. 'We're trying to fast-forward the pace of change,' Lalbhai said. 'I think it's extremely important that we shed this idea of incrementalism and step into something that can bring change at the pace the world needs.' Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Fashion Value Chain
2 days ago
- Business
- Fashion Value Chain
Fashion for Good & Arvind Launch Future Forward Factories
Fashion for Good and Arvind Limited have launched Future Forward Factories India, an ambitious sustainability initiative aimed at revolutionizing Tier 2 textile manufacturing. The project includes an open-source blueprint for eco-conscious production and a first-of-its-kind physical facility in Gujarat that promises up to 93% reduction in GHG emissions. The blueprint is modular, scalable, and focuses on environmental and economic feasibility. Arvind's new facility—designed for cotton woven and knit fabrics—is expected to save up to 60 litres of water per kg of fabric and operate as one of the first near net-zero textile production centers in the world. Key sustainability targets include: Renewable energy integration Advanced low-water and waterless technologies ZDHC Level 3 chemical compliance Improved wastewater treatment A Just Transition framework for worker welfare The initiative is supported by Laudes Foundation, Apparel Impact Institute, IDH, and other partners including Bluwin, Grant Thornton Bharat, Wazir Advisors, and Sattva Consulting. Set to debut at the Global Fashion Summit 2025, the blueprint will be made publicly available in September 2025. The project also invites other suppliers to co-develop site-specific blueprints, scaling sustainability across diverse factory formats.
