Fashion
Data and traceability drive discussions at the 12th “4sustainability” event
Translated by
Nazia BIBI KEENOO
Published
October 7, 2025
The 12th annual 4sustainability event took place on Friday, October 3, at Eurojersey’s headquarters in Caronno Pertusella, Italy. Ympact—an ecosystem that connects brands with their supply chains to track product and process data, monitor compliance, reduce environmental impacts, and optimize operations—organized the gathering.
Ympact, founded by Francesca Rulli and Massimo Brandellero, leads the YHub Group, which counts Foro delle Arti (the holding company of Brunello Cucinelli SpA), Matteo Marzotto, Federico Marchetti, Giorgio Armani SpA, and Fondazione del Tessile Italiano among its shareholders.
More than 500 participants attended in person and online. Speakers centered their sessions on data, traceability, new technologies, and harmonized methods for sustainable fashion.
Eurojersey’s general manager, Andrea Crespi, hosted the event.
“We are proud to host the annual 4sustainability event at Eurojersey, sharing a united message on sustainability with more than 500 players in the Italian textile supply chain,” Crespi said. “Tracking and monitoring production is now fundamental: the added value lies not in what we do but in how we do it inside our factories, a heritage to be protected and preserved for today and for tomorrow. What is produced in our country is expensive because it is made with quality materials, by skilled people and with the best technologies. If we do not understand the importance of this value, the Italian supply chain risks succumbing.”

After opening remarks from Rulli and Crespi, Valentina Boschetto Doorly, associate partner in Italy at the Copenhagen Institute for Futures Studies, presented four megatrends shaping the era—climate change, demographic shifts, technology and artificial intelligence, and deglobalization—and explored their implications for the fashion industry.
“We are in a destabilizing period, which I call the new world disorder; after a historical era of great stability, in which the future was synonymous with progress, today the future is synonymous with anxiety,” Boschetto Doorly said. “The balance is shifting: the economic weight of the new technological economy is in China, the demographic weight is in Africa, which will grow from 1.256 billion in 2017 to 2.528 billion in 2050, doubling its population, while Europe’s population declines. Another reason for destabilization is the transfer of wealth: money is moving from west to east and from east to south, from the real economy to the financial economy (worth ten times the real one), and from the middle classes to the upper classes. In Italy, the largest economic transfer in the country’s history has begun; by 2050, 40 percent of the Italian population will be over 60, while young people are increasingly going abroad—almost 6 million in 2024.”
She also addressed fashion’s role: “Fashion today is bulimic, the life cycle of products is very short, and we no longer know how to distinguish the price of things from their value. The world is regurgitating back at us what we have done to it. Fashion today must be a conscious choice that recognizes our role as guardians of our world.”
Rulli and Brandellero presented Ympact’s vision through the tagline “Tracing Fashion to a Responsible Future.” They emphasized how tracing data, processes, and supply chains enables responsible production models based on harmonized frameworks supported by technology and expert implementation.
Ympact’s system facilitates the adoption of the Digital Product Passport (DPP), mandated by the European Ecodesign Regulation (ESPR), to help brands protect products from counterfeiting—an industry worth $2 billion annually. Michele Zuccheri, head of business development at Certilogo, and Carolynn Bernier, coordinator of the CIRPASS-2 consortium, discussed this topic in a session moderated by Martina Schiuma, head of global strategy and partnerships at Ympact.
A panel then examined how systematic data collection can drive genuine improvements.
Elisa Gavazza, southern Europe and quality management director at ZDHC; Daniele Massetti, regional lead for Italy at the Apparel Impact Institute; Alessandro Barrani, industrial sustainability manager at Prada; and Elisa Santi, sustainability manager at Beste, debated the question in a session moderated by Ester Falletta, technical director at Consorzio Physis and consultant for Ympact.
“With Ympact we are running an excellent project on raw material traceability. This has an impact on the day-to-day relationship between brands and suppliers. Data should not be seen as brand control over the supply chain but as something that strengthens trust and brings transparency,” Barrani of Prada said. “We must explain to suppliers why we collect data and give them the technical tools to do so. In this way, the value of data will become increasingly evident and we will see tangible improvements for the entire ecosystem in terms of competitiveness.”

Santi, representing Beste—a Tuscan company specializing in luxury fabrics and garments and part of the Hind Group—shared the supplier’s perspective:
“When we received requests from brands to be more transparent, we welcomed them as an opportunity. We are a highly vertical company and already had this data; we just weren’t sharing it. In addition to market demands, new regulations have also emerged; it was essential to move in this direction. We adopted a platform with Ympact that enabled us to share data more simply and effectively, giving us greater control over our processes and allowing us to provide end consumers with usable, real-time, and up-to-date data.
The biggest challenge for us has been involving the supply chain—upstream suppliers—who have experienced this as an imposition; we have tried to convey the message that it is also a goal of improvement for them. At Hind Group level, we have a dedicated team that conducts audits at our suppliers’ facilities, involving them and explaining the importance of sharing information. Traceability today should not be seen as an obligation, nor as a finish line; there must be a change in mindset, a greater awareness of data.”
The discussion on supply chain due diligence compared consultancy insights from Franco Amelio, partner at Deloitte, with the perspective of a major brand, Giorgio Armani. Rossella Ravagli, sustainability director at Giorgio Armani, emphasized that brands must commit fully to supplier monitoring systems. To strengthen its long-standing practices, the Armani Group has streamlined its supplier base, imposed clear contractual clauses, and conducted unannounced audits.
“In our contracts, we ask not to go beyond the second tier of supply, because we know that the longer the supply chain, the greater the risks, due, for example, to unauthorized subcontractors. Audits are necessary, even unannounced ones; they are indispensable and should be written into the contractual clauses,” Ravagli said.
“At the governance level, it is essential to adopt and share a code that protects human rights, with a set of requirements laid down in writing and accepted across all tiers of the supply chain, and then properly implemented. The fragmentation of our precious supply chain is a characteristic that is distinctly Italian; suppliers must be protected. At Armani, we have implemented a new tool, building on existing capabilities and accelerating an improvement process that was already underway. It is a technology platform we are developing with Ympact, starting from a solid foundation we already had, thanks to Mr. Armani, who has always encouraged teams to collaborate and share. All suppliers are already on the platform, and in addition to on-site audits, we can also analyze the data. Engagement, involvement, and training of suppliers are essential.”
Speakers emphasized that monitoring systems must be standardized and harmonized to ensure consistency and effectiveness. Without harmonization, suppliers face overwhelming and repetitive requests that lack value. Guided by this principle, Ympact launched 4s ETHIC, a new 4sustainability pillar that enables suppliers to certify their compliance—environmental, social, and reputational—in line with market, due diligence, and legal protocols.
Luca Sburlati, president of Confindustria Moda; Paolo Tondi, Italy certification sales manager at Bureau Veritas; and Andrea Sianesi, professor of operations and supply chain management at Politecnico di Milano, discussed this topic.
“In the first six months of this year, exports fell by 3–4 percent, a figure we expected. What was perhaps not expected is a 6 percent rise in imports, and in particular, a 20 percent increase in products from China. Ultra-fast fashion, whose products are not subject to duties as they are priced below €150, is invading our homes at a dramatic speed,” Sburlati said. “We must pay close attention to what is happening and take countermeasures, creating a supply chain partnership. Of the €90 billion value of textile, fashion, and leather goods, €60 billion is generated by the supply chain; we cannot afford to lose it. Responsibility rests with everyone; today’s attack on Made in Italy is evident.”
Speakers also highlighted the “Memorandum of Understanding for the Legality of Subcontracting in Fashion Production Supply Chains,” signed in May at the Milan Prefecture.
Sianesi explained that collaboration among stakeholders can turn Made in Italy into a global leader in social sustainability by protecting responsible businesses and isolating non-compliant players. He stressed that for this mechanism to succeed in market terms, stakeholders also need incentives that reward sustainable production.
Matteo Ward, CEO of Inside Out Fashion Textiles & Home, closed the event: “In this moment of destabilization, we must find the courage we have always shown in times of crisis to rewrite the rules, without waiting for someone else to do it. To escape the self-constructed cage that forces a choice between sustainability and the status quo, we must remember who we are; raising awareness, collective action, and strong leadership are essential.”

Bringing the event to a close was Matteo Ward, CEO of Inside Out Fashion Textiles & Home: “In this moment of destabilisation, we must find the courage we have always shown in times of crisis to rewrite the rules, without waiting for someone else to do it. To escape the self-constructed cage that forces a choice between sustainability and the status quo, we must remember who we are; raising awareness, collective action and strong leadership are essential.”
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Fashion
Eastpak appoints Marie Gras as vice president, global brand
Published
December 1, 2025
A running specialist is all set to drive growth in Eastpak‘s bags business. VF Corp’s luggage brand, a major player in the backpack market in France and across Europe, has appointed a new global brand vice president. Marie Gras, who has served as vice president for running at the French sporting-goods giant Decathlon for nearly two and a half years, is leaving Hauts-de-France to join VF Corp’s Antwerp offices. From Belgium, the group operates Eastpak as well as Kipling (led by Domitille Parent, who previously headed Eastpak).
For Marie Gras, a first challenge looms with last weekend’s reopening of an Eastpak flagship on London’s Carnaby Street. The store is located at 35 Carnaby Street and spans two floors. The brand opened its first-ever store on the London thoroughfare in 2008, in a 170-square-metre space.
Marie Gras helped implement Decathlon’s recent running strategy, in one of the world’s fastest-growing sports. Through its dedicated running brand, Kiprun, Decathlon has launched a running app and, notably, formed agreements with partners in new territories to develop Kiprun spaces beyond its own Decathlon stores. Previously, the executive spent almost eight years at Adidas, most recently overseeing the brand’s activities and events in Paris, one of the key cities in the brand’s global visibility strategy.

Eastpak is one of the luggage brands owned by the VF Corp group, which is currently streamlining its operations. The group also owns Kipling, to which it has given fresh momentum in recent months, as well as JanSport, focused on the US market. Eastpak, which benefits from numerous collaborations with designers and mass-market licences, such as Diesel and Gremlins, was founded in 1952 under the name Eastern Canvas Products. In France and Western Europe, it holds a key position among lower- and upper-secondary students. However, across the functional backpack category as a whole (excluding hiking backpacks), the French brand Cabaïa has gained market share in recent years and now claims category leadership in France.
For Eastpak, the challenges are therefore to scale up its entire bags and luggage range and to strengthen its competitiveness against emerging European players in various markets, such as Rains, Ucon Acrobatics, Qwstion, Kapten & Son, Tucano, Ferrino, Ecoalf, Lefrik, and Sandqvist.
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Fashion
UK budget mildly deflationary; debt to climb past 106%: Fitch
The rating agency said the government’s latest fiscal package is broadly in line with projections made when it affirmed the UK at ‘AA-’/Stable in August but said that the path to consolidation is becoming more challenging.
Fitch Ratings has deemed the budget marginally deflationary, sees debt rising above 106 per cent of GDP by 2027.
The agency said the UK budget broadly aligns with its August deficit projections but signals of rising implementation risks due to back-loaded tax measures and tight spending plans.
New taxes total £26 billion (~$34.37 billion) by FY29, while social spending rises further.
Fitch said the budget’s new tax measures represent £26 billion (~$34.37 billion), or 0.7 per cent of GDP, by fiscal 2029 (FY29), with threshold freezes contributing £8 billion (~$10.57 billion). New Office for Budget Responsibility (OBR) data show general government net borrowing projections 0.2 percentage points (pp) higher on average in 2026–2028 than in March, before falling 0.2 points in 2029, Fitch Ratings said in a release.
Fiscal data since summer remain broadly in line with Fitch’s forecast for the general government deficit to narrow by 0.6 pp in 2025 to 5.3 per cent of GDP and then to 4.4 per cent in 2027, around 0.7 points slower than the government’s new targets.
The agency highlighted material uncertainty around implementation, particularly given the challenging expenditure consolidation outlined in June’s Spending Review, which the budget largely preserves. Real-terms public-sector current spending growth has been tightened further in FY29 to zero, averaging 1.2 per cent in FY26–FY28 compared with 3.4 per cent in FY24–FY25.
Fitch noted that many tax measures are highly back-loaded, coming into effect closer to mid-2029, the latest possible timing of the next general election. A large portion of the tax plan also consists of numerous smaller measures, making the overall impact less transparent than the broader income tax rise the government signalled before the budget. Options to raise further revenue are politically constrained by 2024 election pledges not to increase personal income tax, VAT or National Insurance.
Still, Fitch said Chancellor Rachel Reeves is demonstrating firmer commitment to the fiscal rule than recent predecessors. Last year’s decision to shorten the rolling forecast horizon from five to three years from 2026 has reduced the scope to delay real fiscal adjustment. Aligning fiscal plans more closely with three-year spending reviews also makes it harder to rely on unrealistic spending cuts to fill fiscal gaps.
Budget headroom has increased from £12 billion to £22 billion, around 0.6 per cent of GDP, but Fitch said this remains limited and constrains efforts to improve policy predictability.
Revenue projections have been reshaped by a £16 billion downgrade in expected tax receipts due to lower OBR productivity assumptions, reducing average GDP growth in 2026–2029 by 0.3 pp to 1.5 per cent. Upward revisions to inflation and wage growth more than offset this decline. The OBR’s updated medium-term GDP growth outlook is now closer to Fitch’s trend estimate of 1.4 per cent, of which total factor productivity contributes only 0.3 points.
Although sustained high nominal gilt yields represent a significant fiscal risk, the UK’s long average debt maturity of 13.7 years helps contain projected debt-interest requirements, which Fitch expects to rise modestly to 7.4 per cent of revenue in 2027 from 7 per cent in 2024.
Fitch projects modest GDP outperformance in the near term compared with its August forecast of 1.2 per cent for 2025, although a weakening labour market poses a small downside risk to its 1.2 per cent projection for 2026. The agency judges the budget as marginally deflationary and expects inflation to fall to 2.4 per cent by end-2026.
Fibre2Fashion News Desk (HU)
Fashion
New Balance launches three new stores in Bengaluru, India
Published
December 1, 2025
Global athletic brand New Balance has expanded its brick-and-mortar footprint in the Bengaluru metro area and opened its doors at three new locations: Indiranagar, HSR, and Forum South Bengaluru.
“We are excited to deepen our presence in Bengaluru- with our stores at Brigade Road, Indiranagar, Forum Mall, and HSR, anchoring us in a city that embodies innovation, culture, and an unwavering passion for fitness,” said New Balance India’s country manager Radeshwer Davar in a press release. “This weekend’s in-store experience and community run allowed us to bring New Balance’s philosophy to life while reinforcing our commitment to building inclusive fitness communities and we want to thank the people of Bengaluru who turned up in great spirit.”
Highlighting its long-term commitment to the Indian market, the new outlets are designed to offer an immersive retail environment and mix craftsmanship with technology. New Balance held an exclusive in-store event at its Indiranagar store, featuring an interactive brand showcase of both footwear and apparel. The New Balance Run Club also put on a community run which saw participation from over 200 individuals.
“Over the past year, we’ve more than doubled our retail footprint in India, and these three new stores are a strong testament to that momentum,” said Davar. “For us, it’s not just about expanding retail locations- it’s about creating experiential centres that bring innovation, performance, and style together under one roof.”
Headquartered in Boston, US, New Balance has been independent since 1906 and employs 10,000 associates worldwide. The business reported a global sales total of 7.8 billion dollars in 2024 and counts five athletic footwear factories in New England, US and one in Flimby, UK.
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