Heimtextil Colombia, held for the first time in Latin America, concluded its inaugural event with over 4,500 specialized visitors, including 1,200 national and international buyers, and 118 exhibitors. The three-day tradeshow, licensed by Messe Frankfurt, showcased opportunities in home textiles, interior design, and hospitality, and is expected to generate significant business opportunities in the short and medium term.
Bangladesh's garment exports to the European Union (EU) have seen a slight uptick during the July-April period of the current fiscal year, signaling resilience in the country's apparel industry despite ongoing challenges. According to data compiled by the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) from the Export Promotion Bureau, garment exports to the EU reached $19.90 billion, reflecting a 3.66 percent increase compared to the same period in the previous fiscal year.
The fashion industry, long hailed as a cornerstone of the global economy, now faces a critical question: Can fashion brands continue to thrive without incessantly churning out new garments? The latest initiative from the Ellen MacArthur Foundation, Fashion ReModel, aims to tackle this question head-on by bringing together major players in the industry, including Arc’teryx, Primark, Reformation, Zalando, and various brands under the H&M Group umbrella. The goal of this initiative is to explore opportunities to decouple revenue from the production of new garments.
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