AGP Executive Report
Last update: 7 hours agoEU Circularity Push: The EU’s Digital Product Passport registry and testing environment are now live, with textiles included under the Ecodesign for Sustainable Products rules—aimed at easier B2B compliance and better product transparency. Compliance Pressure: A new study warns garment factories in major sourcing hubs can’t yet generate the life-cycle data needed for textile DPPs, putting timelines at risk. Water & Waste Moves: Inditex reset tighter “Care for Water” limits for wet processes and also pledged about €6.5m (2026-28) with Conservation International to protect over 2m hectares of the Amazon. Tech for Textile Waste: Carbios says it has completed an industrial PET biorecycling demo (100 batches) and is now licensing the process to the textile market. Market Signals: Cotton and yarn trade in India stays steady with firm demand in Mumbai and Tiruppur, while China’s polyester prices jumped on feedstock cost pressure. Trade & Exports: Egypt’s apparel and home textile chamber plans a Kenya showroom and logistics hub to boost SME exports across East Africa. Policy & Growth: Bangladesh GDP growth slowed to 2.22% in Q3 FY26, with industrial contraction cited as a key drag.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.