U.S. Retail Spending, Manufacturing Drop as Omicron and Inflation Surge

By guest author Gabriel T.Rubin from the Wall Street Journal. Suzanne Kapner contributed to this article. U.S. retail spending and manufacturing slowed at the end of 2021 as the Covid-19 Omicron variant and inflation surged, early signs the latest complications from the pandemic could be weighing on the economy. Sales at retail stores, online and … More U.S. Retail Spending, Manufacturing Drop as Omicron and Inflation Surge

BGMEA receives award for sustainability work

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has been honoured with the Green Leadership Award 2021 for its outstanding leadership in establishing Bangladesh as the world’s largest producer of green garments. BGMEA President Faruque Hassan received the award in a Dhaka event organized by GreenTech Foundation Bangladesh in partnership with Bangladesh Bank’s Sustainable Finance … More BGMEA receives award for sustainability work

Research suggests tumble dryers to be a leading source of microfibre air pollution

A study by researchers in Hong Kong titled ‘Microfibers Released into the Air from a Household Tumble Dryer’, has highlighted that tumble dryers are one of the main sources of microfiber pollution in the atmosphere and can release up to 120 million microfibres each per year into the atmosphere. The study was conducted by a … More Research suggests tumble dryers to be a leading source of microfibre air pollution

Gap is launching NFT hoodie art that unlocks physical clothing

Gap is the latest retailer to launch an NFT collection, which includes USD 415 tokens that come with a physical hoodie. By guest author Mia Sato from The Verge Gap is selling NFTs, following other clothing retailers like Adidas, Nike, and Macy’s that in recent months have jumped into the NFT space. The NFTs are … More Gap is launching NFT hoodie art that unlocks physical clothing