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Global Fiber Prices Seen Remaining Under Pressure

When it’s deliver-or-die, supply chains become the lifeblood of a company. To that end, the fashion industry has embraced technology to navigate today’s hyper-complicated supply chain, with myriad solutions shaping the first, middle and last mile. Call it Sourcing 2.0.

The global cotton market has been deeply affected by fundamental factors of supply and demand, and the Great Lockdown resulting from the COVID-19 pandemic, the International Cotton Advisory Committee (ICAC), said in a new report. That impact, in turn, has put pressure on all sectors of the global textile and apparel value chain. Based on…

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