Sourcing Journal

Contrary to what many might think, it’s not the low-income consumers who are most inclined to take advantage of flexible payment options. Data from a study of 5,000 consumers by Splitit and Pymnts found that baby boomers are the most likely demographic group to use pay-later options to purchase their holiday gifts this year, with nearly three-quarters, or 73 percent, planning to use split payments over time. Gen Xers followed at 68 percent and then millennials at 65 percent.

Temu has found itself in hot water again. The New York Post reported that the U.S. Department of Homeland Security (DHS) is pursuing an investigation against the ultra-low-priced goods platform or potential forced labor violations.

Climate smart agriculture is not only good for the planet; it’s also beneficial to farmers, helping them get more value from their land. Watch this video to hear more about the Climate Smart Cotton Program, led by the U.S. Cotton Trust Protocol: https://bit.ly/40rgkzU

Pakistan-based US Denim Mills, a company of US Group, is on a mission to sustainably reshape the denim industry with its latest collection, The Roots.

“[In North America] there are two main commonalities in EPR legislation, but there is nothing at the federal level,” said Kelly West, manager of business development for North America of @TrimcoGroup “The first being registered to a PRO or a producer responsibility organization. Reporting is the second commonality. Each state requires reporting to be filed, and there’s a phased approach … so I encourage companies to research and find out where you fall, and then what key deadlines apply to them and when.” https://bit.ly/3YQhIKW

Watch our webinar, now ON DEMAND, and learn how to be more proactive: https://bit.ly/3C1g6oG

Messe Frankfurt GmbH is the global market leader for both textile trade fairs and Texpertise. With more than 50 international textile trade fairs in 13 countries, its Texpertise Network covers the entire textile value chain—research, development, yarns, fabrics, clothing, fashion, contract manufacturing, home and household textiles, technical textiles, processing and cleaning technologies. In apparel fabrics and fashion alone, international shows include Texworld, Apparel Sourcing, Intertextile, Yarn Expo, Allfashion Sourcing, VIATT, NEONYT, Emitex, Avantex and Leatherworld. https://bit.ly/416jM3g

Urban Outfitters is putting an increased focus on sustainability and ethical practices as it continues to expand and evolve. Download SJ's Sustainability Report to learn more: https://bit.ly/3BjOD1b

Mexico is under mounting pressure to address China’s influence on cross-border trade with its North American neighbors—and the fate of the U.S.-Mexico-Canada Agreement (USMCA) may depend on it.

At India’s ports, action could be heating up. On Nov. 23, The National Coordination Committee of Six Federations of Port and Dock Workers met in the Indian state of Goa to discuss their disdain for the fact that the government has failed to implement promises made in an effort to avert a previously threatened port strike.