From the Sector

Mostafiz Uddin, Managing director, Denim Expert Ltd., founder and CEO, Bangladesh Apparel Exchange spoke at the Copenhagen Fashion Summit 2018 during a panel on Tuesday the 15th of May 2018 about the Transparency in the supply chain.

This makes him the first Bangladeshi garment manufacturer to participate as a panel speaker at a CFS ever. His speech revolved around the apparel industry in his home country of Bangladesh and how his vision influences the way his company manufactures.
The panel was visited by over 1300 top profile participants, including her Highness the Crown Princes of Denmark. It was opened by CEO Leslie Johnson of the C&A Foundation.

Mostafiz Uddin said after the panel: “I am thankful to the CFS organisers for giving me such a great opportunity and honour, to my country to share the true story of Bangladesh and our apparel industry.”
About Mostafiz Uddin: Mostafiz Uddin is managing director of Denim Expert Ltd., an environmentally sustainable and socially responsible compliant garment manufacturing plant in Chittagong, Bangladesh. A visionary entrepreneur in the development of sustainable apparel systems, Uddin is personally driven by social and environmental ethics and is recognised as a game changer through his introduction of sustainable practices, innovation and fashion disruption, which he sees as key to the future of the Bangladesh apparel industry.
Uddin founded the Bangladesh Apparel Exchange (BAE) to promote sustainable practices within the Bangladesh apparel industry and to improve the country’s image via various initiatives under the banner of BAE, including the Sustainable Apparel Forum, the Bangladesh Fashionology Summit and Bangladesh Denim Expo. Through these endeavours he strives to promote the advancement of sustainable practices, including environmentally sound production methods, full transparency, innovation, circularity and technology.

About the Copenhagen Fashion Summit: The sixth edition of the Summit also boasted 75 high-level speakers, including sustainability thought leader David Roberts of Singularity University; EU Commissioner for Competition Margrethe Vestager; COO Eric Sprunk of NIKE; CEO Spencer Fung of Li & Fung; Vogue US fashion director Tonne Goodman; sustainability pioneer Dame Ellen MacArthur; models and entrepreneurs Lily Cole and Edie Campbell, the founders of Highsnobiety, Vestiaire Collective, Fashion Revolution, and many more. The hosts were Amber Valletta, actress, model and entrepreneur, and Tim Blanks, editor-at-large of The Business of Fashion.

Wrapping up two days of intense leadership roundtables, conversations and business meetings was a panel discussion featuring the Strategic Partners of Global Fashion Agenda: Kering, H&M, Target, Li & Fung and Sustainable Apparel Coalition, who took the stage to address why sustainability should be a leadership priority and to discuss some of the recommendations from the Pulse of the Fashion Industry 2018 report, released the week prior to the Summit.

At its meeting on December 13, the Supervisory Board of Lenzing AG decided to reappoint Stefan Doboczky as Chief Executive Officer of the Management Board. Stefan Doboczky’s new contract will begin on June 1, 2018 and runs until the end of 2022.

“In recent years, Stefan Doboczky and his colleagues on the Management Board have been able to make excellent use of the favourable market conditions on the basis of the previous restructuring in order to transform an Austrian company with foreign investments into a truly global player with strong Austrian roots. This has created the basis for consistently pursuing the growth strategy we have embarked on with the entire team, even under difficult conditions, and thus securing the long-term future of the Lenzing Group. We are very pleased that Stefan Doboczky will continue to dedicate himself to these tasks over the next five years”, said Hanno Bästlein, Chairman of the Supervisory Board of Lenzing AG on the occasion of Doboczky’s reappointment.
In addition to Stefan Doboczky, the Management Board of Lenzing AG consists of Chief Commercial Officer Robert van de Kerkhof, Chief Financial Officer Thomas Obendrauf and Chief Technology Officer Heiko Arnold.

Paris - On April 12th 2018, top European talents from 120 campuses will compete in the fourth edition of the Morpheus Cup to showcase their skills and highlight their most innovative projects. After Luxembourg in 2017, the event will take place in 2018 at the Palais Brongniart (Stock Exchange) in Paris and will focus on burning topics such as Digital Transformation, Creativity, Deeptech, Circular Economy, Ecommerce and much more.

Since its launch in 2015, the Morpheus Cup has been placed under the high patronage of the European Commission with the support of Commissioners Marianne Thyssen and Carlos Moedas in 2017. "The championship is a great opportunity for young people to showcase their skills and to help to bridge the gap between universities, schools and the European employment market. In the Commission, we believe that the right skills not only improve young people's life chances, but also act as a driver for our future competitiveness and growth" underlines Mrs. Thyssen.

In the last three years, the event already attracted hundreds of campus from more than 20 countries and rewarded many of them including Warshaw School of Economics, Mannheim Business School, HEC Paris, Polytechnique Nantes, universities from Oxford, Berlin, Luxembourg, Athens, and Barcelona.

New challenges for new talents

The next edition will take the competition to another level by featuring tech, business, science, marketing, creative challenges in five different rooms, suggesting meetings with employers, innovative brands and investors through 50 stands and presenting not less than 20 categories for students to submit their projects/startups ideas (Morpheus Prize). Apart from the live experiences and challenges designed by entrepreneurs or partners of the event, almost 500 research projects and startups will be showcased to win awards, the championship and up to €50,000 worth of prizes.

Art, circular economy, human capital, smart cities, mobility, FinTech, design, industry, sport, artificial intelligence, topics, regardless of the students’ profiles and education level, invite them to be creative in many different fields.

Finalists will have to pitch in front of an international jury. Past editions welcomed jury members from Google Lunar XPrize, WarnerBros, Accenture, European Investment Fund, FC Barcelona, ESA, Canal+, Novak Djokovic Foundation etc. Daimler, Forbes, Expon Capital, Davidson, Leroy-Merlin, PwC have already joined the next edition.

Registrations are already open. First partners, jury members and employers will be unveiled before Christmas season.

The Morpheus Cup’s website unveils the main characteristics of the championship and also the past editions prize-winners.

“At Huntsman Textile Effects, we recognize our responsibility to not only create value for our stakeholders but to make a sustainable and vibrant world possible for future generations,” said Rohit Aggarwal, President of Huntsman Textile Effects. “Water is an essential resource and we are grateful for the opportunity to support and work closely with village leaders and local authorities with a sustainable solution to water issues faced by local villagers.”
Marking the inauguration of the storage facility at a ceremony in Luna village, Mr. B.R Naidu, Zonal Officer, Central Pollution Control Board said, “This initiative by Huntsman is a sustainable move as this will solve the perennial issue of water for Luna village for years to come. Huntsman has set an example for other companies to take similar initiatives in Baroda”.
The Luna village received water from Narmada water project but due to insufficient storage capacity, the water was drained away in nearby pond. In close consultation with major stakeholders like Sarpanch and Gujarat Pollution Control Board, Huntsman’s Baroda site management proposed the construction of a water storage facility as a long-term solution for the village.
The project was operated on a Public-Private-Partnership model and took close to two years to complete. Through a Memorandum of Understanding between Huntsman Textile Effects and Luna local administration, the project was scoped out with committees formed with assigned roles and responsibilities prior to work commencing. With construction complete and all final inspections successfully concluded, Luna village takes over the running and maintenance of the water tank. Huntsman invested and managed the construction of the tank, working hand-in-hand with the Gujarat Water Board who undertook the laying of pipelines, drilling of wells and other underground work required for a complete water solution.