Blog
Cotton: Prices Plummet, Focus on Sustainability Grows
Global cotton prices continued to drop in May, completing the month at 60 percent below pricing from the previous year. The 7-market average U.S. spot price fell more than 20 cents in this month, from $0.83 to $0.62. The drop in pricing has both positive…
Global Outcry Follows Argentina’s Trade Protectionist Measures
Editor’s Note: This is the fourth installment of a five-day look into one of WRAP’s most exciting training courses, taught by our Vice President of Training and Education Stuart Webster to third-year honors students in the Fashion Management degree program at the Amsterdam Fashion Institute…
As Brazil’s Economy Grows, Its Manufacturing Struggles
The Textiles & Apparel industry has witnessed an ever-increasing focus on social compliance, and it is seen as one of the most critical areas of focus to many brands and retailers. With the unswerving commitment to the sewing products industry, WRAP, along with the AAFA,…
As Wages Rise in China, Industry Seeks Sourcing Alternatives
As China continues its rapid economic growth, the costs of apparel production continue to rise. The cost of living in China is increasing—and so are the wages paid to apparel workers, making it more expensive to source from the Asian giant. Additionally, the Chinese middle…
Minimum Wage on the Increase in Asia
This article was written by Amanda Jean Wessell, the Communications Intern at WRAP. Several countries in Asia are increasing the minimum wage standard in an attempt to improve the quality of life of their citizens. The jump to a higher minimum wage is likely to…