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Arthur Friedman

World Bank Approves $560M to Improve Sustainability in Bangladesh

Bangladesh has long struggled with infrastructure problems and a fresh injection of funds from the World Bank…

Connecticut Could be Next to Require Action on Polyester Apparel Pollution

A bill is pending in California that would require a warning label on polyester clothing, alerting consumers…

FabricLink Awards These 10 Textile Innovations for their Potential to Reshape the Sector

The FabricLink Network has recognized the most innovative textile-based materials and technologies that…

ICAC Forecasts Lower Cotton Production, Higher Consumption for 2018-19 Season

While global cotton production is expected to outpace consumption in the 2017-18 crop year, strong textile…

Chinese Factory Closings Deal a Blow to Air Cargo Growth

The impact of the factory closings in key countries like China and Vietnam during Chinese New Year was felt…

Uber Shuts Down its Rush Delivery Service as Competition Ramps Up

Uber Technologies Inc. will discontinue its same-day parcel and package delivery service called UberRush by…

Rwanda AGOA Benefits Suspended Over Used-Clothing Import Ban

After a review of Rwanda, Tanzania and Uganda's preferential trade eligibility under AGOA over those…

Walmart Commits to Reduce Emissions by 50 Million Metric Tons in China

Walmart wants to do its part to help solve China's pollution problems and will enroll all of its export and…

DHL Says Political Trouble Spots Aren’t Holding Up Global Trade Gains

The positive outlook for world trade shows continued in the first quarter despite some political trouble…

HanesBrands Hits Environmental Goals—Like Diverting 84% of Supply Chain Waste From Landfill

HanesBrands Inc. has hit on its environmental goals to reduce water and energy use, carbon dioxide emissions…

Financial Roundup: Calvin and Tommy Push PVH, While J.Crew Weighs Down the Group

PVH Corp. posted strong sales and income gains in the fourth quarter and year, while J.Crew Group's signature…

GDP Report Shows US Economy Still Strong, but Momentum Could be Slowing

It was mixed signals coming out of The Commerce Department's fourth quarter real GDP report released…

New Study Proposes a Path to Carbon-Free Ocean Transport

A new report from the International Transport Forum (ITF) contends that employing the right technologies…

FedEx to Expand E-Commerce Capabilities with P2P Acquisition

Looking to expand its e-commerce delivery capabilities, FedEx Corp. has acquired P2P Mailing Limited, a…

H&M Profits Plummet 44% as Its Inventory Piles Up

It wasn't a first quarter to remember for H&M Group, which saw weak sales and a steep profit decline as it…