Leather products have long been one of the most important profit drivers for fashion and luxury firms, and it is expected that demand for leather goods all over the world, such as handbags, will continue to rise. According to data that was published by Marketwatch, the current value of growth is estimated to be 95,530 … Read more
Even if the rate of expansion is continuing to slow, global manufacturing activity is still growing as business confidence in major manufacturing hubs remained firmly positive in April 2022. This is despite the fact that the pace of growth is continuing to slow. This is essentially the result of a manufacturing sector downturn in a … Read more
The shift toward a circular economy is helped forward in large part by design’s contribution. If we don’t start from scratch and rethink everything, we won’t be able to create a circular economy. This reimagining will encompass everything from products to business models, entire cities, and even ways of life. Examining the meaning of the … Read more
Globalisation causes strong competition in the economy. The purchasing power of the consumer is expanding due to a growth in disposable income, which has led to a rise in customer demands. As such, the garment sector is facing a tremendous problem in manufacturing goods of the proper quantity and quality, in time and at least … Read more
The tensions between Russia and Ukraine are continuing to throw a bigger degree of instability into the existing geopolitical order. After steadily building up speed throughout 2021, it is anticipated that the economic recovery will begin to slow down. The most noticeable effects on the economy are being felt in the commodity and logistics sectors, … Read more
The recent turmoil between Russia and Ukraine and renewed surges in COVID-19 infections in many countries impacted manufacturing activity in Asia tremendously in March 2022. Overall export demand in all major economies saw a decline in the recent month. A major impact on these economies came through rising inputs and raw material prices, particularly energy … Read more
It is common knowledge that the past two years have caused enormous disruptions in international trade, supply chains, and foreign relations between the most important industrial hubs on the face of the globe. It would be an understatement to suggest that things will never get back to the way they were before the COVID outbreak. … Read more
Fashion is recognised as the industry that produces the second-most pollution in the world, despite the fact that it is one of the most profitable and supports the employment of 3.4 billion people around the world. Fashion’s annual revenue is estimated to be $1.5 trillion, and it is responsible for maintaining a global workforce of … Read more
The environment, the quality of the products, and the people in the supply chain are all negatively impacted when fast fashion is practised. On the other hand, slow fashion involves enhancing working conditions, repairing any damage done to the environment, utilising regenerative and sustainable resources, and giving communities more say in the design process. It’s … Read more
When the global economy was looking at a robust recovery after COVID-19 and clothing demand in all major economies was very certain to grow beyond pre-pandemic levels, cotton prices for major markets were trading at their multi-year peaks almost two months ago. This was when cotton prices were trading at their highest levels in almost … Read more