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tag: USA

download (2).jpg 28 يناير 2023

Among the various problems facing the fashion industry, the issue of wages is among the most controversial

Garment workers, particularly those who work hard in the Global South, do not have living wages, but they are chronically underpaid, meaning they are almost always struggling to pay for food, housing, medicine and other necessities. When Covid-19 hit, hundreds of thousands who were laid off or had their hours truncated teetered on the brink of starvation and destitution. [What to Know About Vietnam's Living Wage Experiment - sourcingjournal.com]

 

 

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download.png 02 ديسمبر 2022

Inflation Reduction Act, a law much criticized by Europeans

The confirmation of the Congress of the Inflation Reduction Act of 2022 (IRA) has fuelled fears of a transatlantic trade war in the EU. The plan – a huge fiscal, climate and health package in place from 2023 – provides subsidies of more than $369 billion to companies in the renewable sector. The law offers tax incentives to those who choose to buy products made in the USA (eg electric cars). This dissuades Americans from turning to European producers, who would be forced to produce on US territory.

 

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download (5).jpg 21 نوفمبر 2022

New Resale Site SneakerCycle Offers More Than 33,000 Pairs of Used Shoes

As the resale market continues to gain customers, a new e-commerce site is helping sneakers lovers find a bargain. SneakerCycle.com, which launched last month, stocks gently used and refurbished performance and lifestyle kicks for men, women and children. It has more than 33,000 pairs in its inventory from dozens of brands, including sneaker giants Nike, Adidas, Puma, New Balance and others. [New Resale Site SneakerCycle Offers More Than 33,000 Pairs of Shoes for Bargain Hunters -finance.yahoo.com]

 

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unnamed.jpg 17 نوفمبر 2022

The big business of used clothes and shoes that invade Africa

With the rise and rise of “fast fashion”, clothes are becoming cheaper in the world’s wealthiest countries. That’s also making them more disposable, says Semafor. Many discarded garments are imported by developing and emerging economies from Ukraine to Pakistan. Here the map  of used clothing imports 

 

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unnamed.jpg 17 نوفمبر 2022

The big business of used clothes and shoes that invade Africa

With the rise and rise of “fast fashion”, clothes are becoming cheaper in the world’s wealthiest countries. That’s also making them more disposable, says Semafor. Many discarded garments are imported by developing and emerging economies from Ukraine to Pakistan. Here the map  of used clothing imports 

 

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download (3).jpg 05 نوفمبر 2022

Luxury brands need to rethink their approach for a generation of shoppers who are more frugal and less willing to spend to look

As rising inflation and interest rates dent disposable income, Charlie Porter re-evaluates his habit of buying high-end fashion, writes the @FinancialTimes. It is the reflection of an impoverished fashion enthusiast during this period of "deep economic crisis" who begins to think positively about the value of old shoes and old clothes. It's about extending their life cycle and ensuring that things that can be reused don't end up in landfills. [It's time to rethink our approach to luxury fashion – FT]

 

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