From the Sector

We aRe Spin Dye (WRSD) AB (publ) (“WRSD”) enters into a collaboration agreement with the international premium brand, Hugo Boss.

Hugo Boss has a clear agenda for how they will gradually become even more sustainable. One of the company's intermediate goals is to have reduced total water consumption by 40% by 2025 - where WRSD is expected to be involved and contribute with competence and technology. The long term goal for Hugo Boss is to be completely climate neutral by 2050.

In November, Hugo Boss Ag entered the Dow Jones Sustainability Index (DJSI) World for the fourth year in a row. Hugo Boss is thus one of the four companies in the textile, clothing and luxury segment that have qualified for the index this year. Hugo Boss is also listed in the Dow Jones Sustainability Index (DJSI) Europe for the first time. In the assessment carried out by S&P Global, HUGO BOSS improved significantly compared with the previous year and received, among other things, the assessment “best in class” in several categories.

Benjamin Burghardt hat zum 1. Mai die neu geschaffene Position des Product Development Officer übernommen, um EECC Lösungen und Ideen von Lieferkettenmanagement bis hin zum Digitalen Couponing in operative Produkte zu überführen.

Das European EPC Competence Center (EECC) verfügt über ein breites Innovations- und Lösungsportfolio, welches auf GS1 Germany Standards aufsetzt. Seit 2005 kreiert und demonstriert das EECC in seinen Innovation-Labs Prozesslösungen auf Basis serialisierter Daten für Kunden aus Industrie, Logistik und Handel. In vielen Technologien – von Auto-ID, Computer Vision bis hin zu Blockchain und KI – ist das EECC bedeutsam. Viele Kunden drängen nun darauf diese Mehrwerte entlang ihrer Lieferkette operativ zu heben. „Ich freue mich Benjamin Burghardt für das EECC gewonnen zu haben. Er hat langjährige Erfahrung in der Implementierung innovativer Technologien und steht wie wenige für die Sicht unserer Kunden aus Handel und Logistik.“, so Conrad von Bonin, Geschäftsführer des EECC.

Benjamin Burghardt hat sich seit 2008 den Handelsinnovationen verschrieben, als er im Innovationsmanagement der Future Store Initiative seine Karriere startete. Als Head of Innovation der Metro AG hat er sich seit 2013 um das Prototyping und die Einführung von neuen Kundenlösungen und Geschäftsfeldern wie IoT gekümmert. Als Abteilungsleiter Strategie Projekte IT der Vertriebslinie real hat er verschiedenste Innovationen in operative Strukturen überführt und verantwortet.

• European Apparel and Textile Confederation EURATEX welcomes revamped EU Industry Strategy, but calls for consistency across EU policies

Europe’s industry is going through turbulent times as a result of the corona-pandemic; turnover in textiles and clothing sector dropped between 10 and 20%. However, even bigger challenges lie ahead: serious disruptions in supply chains, soaring energy prices and protective tendencies are threatening the competitiveness of our industry.

Against that background, the revised EU Industry Strategy – launched on May, 5 - is addressing very relevant issues, and underlines the need to think carefully about Europe’s industrial base. EURATEX welcomes the initiative, including the focus on 14 “eco-systems” and the proposal to develop privileged partnerships with trusted partners.

At the same time, EURATEX calls for more consistency by the EU across its different policy areas. Director General Dirk Vantyghem commented: “We welcome the recognition that we need a strong industrial base in Europe, but at the same time are struggling to maintain that base, as our companies face significant challenges related to over-regulation and raising energy and supply costs. It feels like one hand offering you help, while the other hand squeezes you tight”.

Looking at the global perspective, EURATEX is not calling to close the European borders; our industrial model relies on accessing global markets. But clearly, there is a need to establish global rules to ensure fair competition, and make sure these rules are properly implemented and controlled. Also today’s proposal to address distortions caused by foreign subsidies in the Single Market, should be welcomed in this context.

Dirk Vantyghem concluded: “European textiles and clothing industry went through turbulent times. Today, as part of this new EU Industry Strategy, we have an opportunity to build a new business model, based on innovation, quality, sustainability and fairness. We look forward to develop that new EU Textile strategy with all stakeholders involved.”