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The European Commission has fined confectionery major Mondelēz International EUR337.5 million, claiming the company has breached European Union (EU) competition rules, hindering intra-EU cross-border trades in chocolate, biscuits and coffee products. The EU executive also concluded that Mondelēz had abused its dominant position in certain EU chocolate bar (tablet) markets.…

Consumer appreciation of how artificial intelligence (AI) can improve their fashion shopping experiences is a key driver of the global apparel industry’s enthusiastic adoption of the technology, along with its ability to enhance design capabilities and boost operational efficiency.

Some brands have even harnessed AI’s ability to bring consumers into the fashion design process, integrating two of these AI deliverables.…

The clothing and textile sector is facing an onrush of detailed legislation and guidance from regulators worldwide focused on artificial intelligence (AI), which will shape how businesses adopt and use this powerful new technology. As is often the case in comprehensive regulation, the European Union (EU) has been a leader in approving legislation on AI, as the global clothing and textile industry increasingly explores and delivers ways to integrate AI into its businesses.…

The European Banking Authority (EBA) is warning that differences in the way virtual bank account numbers (vIBANs) are regulated, and even defined, is creating gaps that criminals can exploit for money laundering and terrorist financing.

The EBA sounded the alarm in a May 24 ‘Report on virtual IBANs’ (1), which notes that since vIBANs are not always recognised by industry or regulators, the full extent of their use is unknown.…

The fashion sector must work hard to prepare for the European Union’s (EU) new due diligence rules, which aim to promote sustainable and responsible corporate behaviour in companies’ operations, EU experts have told Just Style.

This legislation, within a corporate sustainability due diligence directive (CSDDD) proposed March 2022, finally approved by the EU Council of Ministers last week (May 24) (1), and as of June 2024, European member states will have two years to transpose the new rules into their national law.…

Cloud-based product lifecycle management (PLM) tools are becoming increasingly popular in the apparel industry, as fashion brands and garment manufacturers look to advances in digitisation and data sharing to better plan for, monitor and control how their products are made, used and disposed of.…

As the fashion industry grapples with increasing consumer scrutiny and regulatory pressure to boost sustainability, the pursuit of environmental, social, and governance (ESG) goals has become paramount – but are brands on track? Major players in the industry, from fast fashion giants such as Singapore-based Shein to legacy brands such as Belgium-based C&A, are making strides to align their operations with sustainability principles.…

The government of Ukraine, struggling against a Russian offensive near its second city Kharkiv, has joined the European Union’s (EU) Union Anti-Fraud Programme (UAFP), as it seeks to shore up EU support through anti-graft and financial crime efforts. Indeed, Ukraine is the first non-EU country to formalise participation in the European Commission-run scheme, which has a budget of EUR181 million and will run until 2027 (from 2021) (1).…

There is no shortage of new technology and research on indicators of deception, particularly the use of artificial intelligence (AI) verify truth. Researchers and law enforcement agents however urge caution when using AI to monitor accuracy, in part due to a lack of independent studies on the technology’s efficacy.…

The Tunisian textile and garment industry launched a Tunisian Textile Green Transition (TTGT) project in April (2024) to become more innovative, smart, and ecological, and meet international sustainability requirements (1).

This initiative aims to recycle 90% of wastewater released by the industry, reduce companies’ carbon footprints by 30%, use 100% renewable electricity, reduce cut textile solid waste by 50% and certify 100 textile companies to meet International Organization for Standardization’s (ISO) environmental and energy management standards by 2030, according to the Tunisian Federation for Textiles and Garments (Fédération Tunisienne du Textile et de l’Habillement – FTTH).…