Our prophecy on Coronavirus has come true! We hoped that the scare around Coronavirus would die down in a few weeks, but the ‘monster’ just seems to be getting bigger. Now the fear is not only limited to China and its neighbouring countries, but has spread worldwide! The picture at one level seemed to be more positive as China reported that workers are getting back to the factories. Even a recent study by the China Garment Association claimed that over 80.8 per cent of workers resumed work. But feelers from many insiders indicate that the menace is far from over, as AOV explored, talking to some industry experts/owners. While Vietnam is putting efforts to strengthen crisis management processes, the truth of the matter is that international trade is getting affected.
Gap Inc., recognised as one of the ‘Fastest movers of 2018’ and ranked third on the Better Cotton Initiative’s global ranking of top companies sourcing in terms of volume, has recently released its sustainable fashion report for the last year. The brand today is appreciated for the major strides it has taken to make its products and processes sustainable while ensuring strong ethical practices for its workforce and supply chain stakeholders. Also covered in the issue is review of fair Magic @ Las Vegas, witnessing 3,500 vendors from 88 countries.