AGP Executive Report
Last update: 7 hours agoEU Fashion Rules: From 19 July 2026, large EU firms can’t destroy unsold clothing and footwear. They must resell, donate, repair or recycle instead, with some exceptions for unsafe or unusable goods—another push toward circular fashion. Labour & Retail: Starbucks Korea workers have formed the country’s first franchise coffee union, citing low pay, understaffing and heavier workloads after the “Tank Day” promotion sparked public backlash. Bangladesh Jute Policy: The Bangladesh Jute Association wants a stop to jute sliver exports, saying mills use incentives to bypass raw jute export curbs. India Textile Outlook: A 360 One Capital report says India’s textile sector is entering a multi-year upcycle on China+1 and trade deals, but export gains hinge on execution, productivity and compliance. Circular Tech: RE&UP becomes a Certified B Corp, reinforcing its textile-to-textile recycling push. Investment Signals: Chhattisgarh tops India’s CRISIL-NITI Aayog Investment Friendliness Index 2026, with textiles among sectors seeing proposals. Textile Expansion: China’s Huarun Tex plans a $30m yarn and woven fabric project in Bangladesh’s BEPZA zone, targeting 580 jobs.
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.
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