Building up America’s manufacturing and technological edge to counter China

Fashion is changing rapidly. In fact, innovative materials are designed and companies invest in new technologies. In this category of the Market Inside we publish the latest news of the fashion-leather sector, the new business ideas, especially in relation to the evolution of sustainable fashion, but more generally of all fashion.

2022 August, 16th update

Building up America’s manufacturing and technological edge to counter China. The U.S. Senate passed [Senate Passes $280 Billion Industrial Policy Bill to Counter China – NYT] by a bipartisan vote (64 to 33) a $280 billion bill, the so-called Chips (Creating helpful incentives to produce semiconductors) & Science Act.  [House Passes Chips Act to Boost U.S. Semiconductor Production – WSJ]. (Read more)

2022 July, 7th update

How Technology Is Tearing Down Fashion’s Value Chain Siloes. Few off-the-shelf solutions are designed to integrate the fashion value chain from end to end, meaning companies need to build custom solutions. Integrated, digitally enabled value chain solutions can help brands see up to a 50% increase in speed to market, up to 8% rise in full-price sell through and up to a 20% decline in manufacturing costs. This article appeared in The State of Fashion: Technology, an in-depth report co-published by BoF and McKinsey & Company. (Read more)

A technology that traces the product chain. Inaugurated in Florence the method that combines sustainability and transparency through an innovative platform. A technology that guarantees transparency on the supply chain and products. By scanning a Qr code on the product, you access an interactive interface that allows you to navigate the supply chain in an intuitive way, but also to discover the sustainability elements of the specific collection. (Read more)

2022 June, 23rd update

China, study for the removal of Cr(VI) by biochar. Chromium is widely present in the leather processing process, but it should only be the trivalent one, less harmful to humans and the environment. However, it is sometimes found as a production residue resulting from the treatment of sludge produced from tannery waste. A study on the thermochemical decomposition of oily sludge experiments with how to mitigate pollution and obtain charcoal-like substance known as Biochar, which can improve carbon sequestration and soil fertility. [Removal of Cr(VI) by biochar derived via co-pyrolysis of oily … – Nature]. (Read more)

Articoli aggiornati il 8 giugno 2022

Plastic-eating enzyme could eliminate billions of tons of landfill waste. An enzyme variant created by engineers and scientists at the University of Texas at Austin can break down plastic, in just a matter of hours or days. This discovery, published in Nature, could help solve one of the world’s most pressing environmental problems: plastic waste polluting natural lands and water. The project focuses on polyethylene terephthalate (PET), a polymer found in most consumer packaging and some fibres and textiles. It makes up 12% of all global waste. (Read more)

2022 May, 24th update

Two new multi-sectoral technological poles in Vietnam: Auto, Electronics, Mechanical, Textile, Leather & Footwear Sectors. Vietnam’s Ministry of Industry and Trade (MoIT) is implementing infrastructure investment procedures for two technology centers for industrial development in the northern and southern regions, in the auto, electronics, mechanical, textile, leather and footwear sectors, according to Fibre2Fashion. Meanwhile, the country’s Industrial Production Index (IIP) rose 9.4% year-on-year and 2% month-on-month in April. (Read more)

2022 May, 18th update

McKinsey: State of Fashion Technology Report 2022. Fashion’s been heeding the call of technology for years—and the industry’s future is looking even more digital, with fashion companies expecting to double tech investments by 2030 to stay competitive. There are many ways they can apply innovative digital resources to better serve customers and increase business efficiency. Where are executives leaning in, and what are opportunities for creatively using robotics, AI, and other technologies to their advantage? McKinsey’s State of Fashion Technology Report 2022 dives deeper on the dynamics and highlights five key technology themes with potential. (Read more)

2022 May, 9th update

Uşak Bovine Leather Processing Centre opened. Co-financed by the European Union and the Republic of Turkey, T.C. As part of the “Uşak Cattle Leather Processing Project” implemented by the Competitive Sectors Program carried out by the Ministry of Industry and Technology, one of Turkey’s most modern leather processing facilities, UBDİT, was opened in Uşak. (Read more)

2022 April, 19th update

Foot Locker Inc. x Puma “Be Seen” for Autism Acceptance Month. With Autism Acceptance Month here, Foot Locker Inc. has revealed a plan to show its commitment to the cause — and has tapped Diadora, Puma and others to help. [Foot Locker Inc. Taps Puma and Diadora to Create Adaptive Shoes for Autism Acceptance Month – FN]. (Read more)

2022 April, 11th update

JBS Couros invests 40,000 euros in a new research center in Italy. JBS Couros, a subsidiary of JBS, has announced a contribution of 40 thousand euros (about 200 thousand R$) for the creation of a research center in Milan. In a statement, the company says the center’s goal is to develop and support knowledge about biomaterials, their environmental effects, and establish production parameters and best practices. The organization will be managed by Spin 360, a consulting firm specializing in sustainable business models. (Read more)