Air8 was invited by IBS Intelligence in their podcast episode. Ankit Verma, Business Development Lead in India of Air8, shared how Air8 transforms trade financing for SMEs in emerging markets with its innovative approach to making working capital more accessible and fostering economic growth. In Episode #759, the focus is about the role of […]
Category: News
Air8’s case study of trade digitalization featured in ICC Digital Standards Initiative’s September report
ICC Digital Standards Initiative recently launched a report, “Key Trade Documents and Data Elements on the Frontlines,” featuring 22 case studies that highlight how supply chain actors have leveraged digital tools and interoperable global standards to address challenges in their supply chains. The case studies cover both private and public sector actions across four […]
Navigating Global Challenges in Fashion Industry with Air8’s Flexible Factoring Solution
The global fashion industry’s supply chain faces unique agility challenges compared to other industries due to rapid trend changes, long production cycles, short product lifecycles, complex global sourcing and distribution and the quest of minimizing environmental impact. These factors create a highly dynamic environment that requires fashion manufacturers to be exceptionally agile in optimizing […]
Market Insights – July 2024 – Asia’s Fashion Hubs Navigate Turbulence of Supply Chain Challenges
The fashion production markets in Asia face challenges from high costs of raw materials, logistics disruptions, impacting exports. Vietnam’s exports remain resilient. Indonesia maintains steady growth. Overall, the Asia-Pacific textile and fashion market navigates supply chain constraints, inflationary pressures, and geopolitical tensions amid shifting production and trade dynamics. Bangladesh Widespread protests erupted across Bangladesh over […]
Market Updates – June 2024- Asia’s Fashion Exports Remain Resilient Amidst Economic Changes
The fashion export market in Asia exhibited resilience in May, as major production hubs like Bangladesh, China, India and Vietnam continued to respond to demand from key Western markets. Economic factors impacted the sector, leading to a mixed picture for the near-term prospects of the industry. Bangladesh Bangladesh’s fashion export industry faces a complex economic […]
IFC partners with Li & Fung, LFX and Air8 to support SME growth and digitalization
In June, Air8 embarked on a strategic partnership with the International Finance Corporation (IFC) to enhance supply chain sustainability. With the support of LFX and Li & Fung, this alliance represents a major leap towards a greener and more responsible supply chain. Back Row: Riccardo Puliti, Regional Vice President for Asia and the Pacific […]
Innovating Textile Trade: Air8’s data-driven approach to empower SME exporters
In an interview by Just Style Magazine with Alvin Ho, the President of Air8, Alvin shared how innovation transforms textile trade for growth. Just Style: Can you outline Air8’s origins and the mission and vision of Air8? Air8 has been created in late 2021 to address the widening working capital gap, particularly for SME exporters […]
Trade Financing explained: It’s not just about providing cash
In a recent interview with Anushruti Singh from SME Futures, Alvin Ho, President of Air8 explained the concept of trade financing. In today’s market, goods flow seamlessly from one corner of the world to another. However, behind this seamless exchange lies a complex web of financial instruments and solutions collectively known as trade financing. […]
Air’s Data-driven, Insights-Based Supply Chain Finance platform bridges the financing gap SMEs face
Alvin Ho, President of Air8 was invited for an interview at CXOToday.comm about Air8’s data-driven, insights-driven supply chain finance platform. How does Air8 plan to extend its financing solution beyond local borders to address the global challenge of SME financing in emerging economies? SMEs face challenges such as lack of affordable financing, insufficient know-how on […]
Air8 won two awards at Just Style Excellence Award 2024
The apparel, footwear and textile industry is witnessing a transformative era where access to financing is becoming a pivotal factor for growth, especially for small and medium-sized enterprises (SMEs). Air8, a subsidiary of LFX Digital and part of the Li & Fung legacy, has emerged as a beacon of innovation and support for SME exporters, for which […]