Thyssenkrupp’s steel division has announced plans to reduce its workforce by approximately 40% in the coming years, marking the latest significant restructuring effort by the German industrial giant. Workers have opposed the move strongly. Germany’s largest steelmaker, a division of Thyssenkrupp AG, is also facing competition from Asian companies that were not competitors earlier, with […]
Global Standard[1], in collaboration with the Hague-based UpRights Foundation, has released the Global Organic Textile Standard (GOTS) Due Diligence Handbook [2] for Auditors. This 75-page guide provides a comprehensive framework for certification bodies and their auditors to assess compliance with the GOTS 7.0 criteria, which was launched in March 2023. The GOTS 7.0 criteria are […]
The 2023 FDRA Shoe Sustainability Benchmark Progress Report [1], provided an in-depth look at the progress and challenges within the footwear industry’s sustainability journey. It outlines strides in the footwear industry’s efforts toward sustainable practices, emphasizing environmental, social, and governance (ESG) metrics. The report, based on a survey of footwear professionals across the industry, highlighted […]
The International Woolmark Prize, which aims to help rising designers shape the future of fashion through innovation and sustainability, has selected eight finalists for the now biennial fashion competition. ACT N°1 from Italy, Duran Lantink from the Netherlands, Ester Manas and Meryll Rogge from Belgium, London-based Standing Ground, French menswear brand LGN LOUIS GABRIE NOUCHI, […]
The media and lifestyle company 11:11 Media, which Paris Hilton created in 2021 with entertainment industry veteran Bruce Gersh, has partnered with beauty behemoth Guthy-Renker to launch a new business that will sell wellness and beauty goods that are creatively directed and inspired by Hilton. The joint venture, 11:11 Beauty, will be directed by Alexandra […]
