Global Organic Textile Standard (GOTS) clarifies organic product standards

March 12, 2020

GOTS has issued a statement in response to a recent claim by a company stating they hold a certification that’s “More important than organic” and “Textiles with the organic label can still be treated with toxic chemicals at a later stage of production.” While this is possible for uncertified products made from organic fibers, according …

DSM announces partnership with SABIC and UPM Biofuels to create bio-based Dyneema®

Royal DSM, a global science-based company in nutrition, health and sustainable living, SABIC, a global leader in the chemical industry, and UPM Biofuels, a leading producer of sustainable raw materials, recently announced a partnership that will help to reduce the environmental footprint of Dyneema®, the world’s strongest fiber. The collaboration will see Dyneema transition to …

GOTS registers highest growth rate ever in 2019

March 4, 2020

In 2019, the number of Global Organic Textile Standard (GOTS)-certified facilities globally grew by 35 percent, from 5,760 to 7,765 located in 70 countries. The number demonstrates that GOTS successfully serves as a sustainable solution. The required certified organic fibers protect the climate by absorbing CO2, and every processing step, from field to fashion, must …

Richard Seaman on sustaining a family business

March 1, 2020

By Rebecca Post An urgency runs through the pages of Richard Seaman’s book A Vibrant Vision: The Entrepreneurship of Multigenerational Family Business. That urgency stems from Seaman’s understanding that few family businesses survive beyond a third generation. Seaman, the chairman and former CEO of Wooster, Ohio-based Seaman Corp., offers a model to family-owned businesses for …

Small businesses with diverse workforces perform better financially

February 12, 2020

Small businesses with a diverse workforce are more innovative and financially successful, according to data gathered by SCORE, the nation’s largest network of volunteer, expert business mentors. Data indicates that businesses with more diverse management have 19% higher revenue and are more likely to outperform non-diverse businesses. Diverse teams are more innovative, and therefore, perform …

SBA announces funding opportunity through the State Trade Expansion Program 2020

February 7, 2020

The U.S. Small Business Administration (SBA) has announced the opening of the submission period for a funding opportunity through the State Trade Expansion Program. The purpose of the grant opportunity is to invite proposals for funding from eligible state entities interested in and capable of providing assistance, guidance and tools to qualified small businesses looking …

Before selling, determine the true value of your company

January 1, 2020

By Larry Oxenham Succession planning can be a tricky matter, especially if you’re passing your business on to a family member. Sometimes keeping it in the family is viable, but not in every case. If it comes time to sell the business instead, you should be armed with some strategies for getting what it’s really …

Levi Strauss & Co. and Hohenstein collaborate to bring safer chemicals to the apparel industry

November 19, 2019

Levi Strauss & Co. (LS&Co.) and Hohenstein have announced a collaboration to utilize the ECO PASSPORT by OEKO-TEX® certification system in the LS&Co. supply chain. This will amplify the capabilities of the Screened Chemistry program developed by LS&Co., helping establish a clearer pathway toward safer chemistry in the apparel industry by providing enhanced levels of …

Customer service is king

November 1, 2019

Strategic service makes your company memorable.  By Randy Westlund We live in a constantly connected culture of instant gratification. We want what we want and we want it right now—with no delays. Between instant messaging, next-day delivery and online services available 24/7, the marketplace is catering to these demands. Some revealing statistics show how much …

Tax laws can help with startups and expansions

September 1, 2019

Tax laws can help or hurt new and expanding businesses. By Mark E. Battersby In today’s economy, it’s not unusual for an existing fabrication business to branch out, or for the owner or self-employed canvas professional to start another business in the same or a different field. Few realize, however, that Uncle Sam stands ready …