The apparel industry is on the brink of a major transformation, according to a recent McKinsey report. The study, titled *‘Reimagining the Apparel Value Chain Amid Volatility’*, draws on insights from a global survey of Chief Procurement Officers (CPOs) and highlights a significant shift in supply chain strategies. The findings suggest that fashion brands, particularly those in the US and EU, are placing greater emphasis on efficiency, resilience, and sustainability, indicating a potential paradigm shift in sourcing practices.
A groundbreaking collaboration between SU.RE (Sustainable Resolution), initiated by Reliance Brands, United Nations India, the Ministry of Textiles, the Government of India, and the Clothing Manufacturers Association of India, and the British Council aims to fortify sustainability within India's fashion industry. This partnership not only enables SU.RE signatories to transition into sustainable brands but also fosters collaboration with like-minded partners globally.
In a landmark move towards sustainability, the European Council has officially adopted the ecodesign regulation, setting stringent requirements for products sold within the European Union (EU). This regulation represents a significant enhancement over the previous ecodesign directive, broadening its scope to encompass all goods placed on the EU market, rather than being limited to energy products alone.
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