Technology

New Report from Oxford Economics Reveals Second-hand Clothes Stimulating Billions of Dollars for Economies in Latest Win for Green Growth

Published

2 years ago

October 8, 2024

Second-hand clothing (SHC) is stimulating billions of dollars in GDP contributions and supporting hundreds of thousands of green jobs across Europe and Africa, a new report from Oxford Economics reveals today.

OXFORD, England, Oct. 8, 2024 /PRNewswire/ — The report The Socio-Economic Impact of Second-Hand Clothes in Africa and the EU27+ reveals that the sector – a vital component of a future circular textile economy – stimulated an estimated total €7 billion ($7.6 billion) total contribution to the EU and UK’s (EU27+) GDP in 2023, of which the sector generated €3.0 billion ($3.2 billion) itself. In Germany and the UK alone, the industry contributed €670 million ($720 million) and €420 million ($450 million) to GDP respectively.

In 2023, the sector supported an estimated 150,000 jobs in the EU27+. Of these 110,000 were green jobs directly in the industry, with opportunities particularly for people with little formal education. Eight out of 10 (79%) of the workforce were women, and many employment opportunities were created in lower-income countries such as Bulgaria, Romania and Poland.

This report is the first comprehensive analysis of the sector’s entire value chain and an attempt to quantify the sector’s socio-economic impacts across two continents. It addresses existing knowledge gaps, offering insights that were previously unavailable at this scale, focusing on the EU27+ and Ghana, Kenya and Mozambique.

The SHC sector’s success relies on a well-established value chain between the Global North and the Global South, generating economic value and green jobs at each stage. The sector bridges global supply and demand by efficiently channelling used clothing from the Global North to the Global South, where demand for affordable, quality garments continues to grow, ensuring that clothing stays in circulation, helping to meet climate targets and protect the environment. The sector also contributes to poverty alleviation by creating employment and entrepreneurship opportunities for those who might otherwise be unemployed or underemployed, enabling people to support dependents.

In Ghana, second-hand clothing from the EU27+ contributed an estimated $76 million to the country’s GDP (of which $35 million was direct), supporting 65,000 formal and informal jobs in 2023. That same year, $17 million was contributed to Kenya’s GDP ($9.2 million directly) and $10.7 million to Mozambique’s ($2.7 million directly). There were 6,300 people in Kenya’s formal workforce and at least 68,000 working informally. In Mozambique, 5,700 formal jobs were supported and at least 15,000 informal jobs.

Up to 47% of imported second-hand clothing to Ghana was from the EU27+ last year. This compares to Mozambique’s direct imports from EU27+ accounting for 18% and Kenya’s 13% (not including imports arriving via intermediary countries). Only in Ghana are SHC imports from the EU27+ growing. In Kenya and Mozambique, while overall SHC imports continue to grow, the EU share is falling.

The report was commissioned by Humana People to People and Sympany+.

Karina Bolin, President of Humana People to People Italy and Bulgaria, said: “This report highlights the immense potential of the second-hand clothing sector to drive sustainable economic growth and create green jobs across continents. Now, more than ever, it is essential for policymakers to recognise the value of this industry and provide the legislative support and investment needed to unlock its full potential as a central factor for building a more resilient, circular economy that benefits both people and the planet.”

Johanna Neuhoff from Oxford Economics said: “Second-hand clothing is often overlooked in the broader debate on sustainable development, yet this report clearly shows its economic power. By keeping clothes in circulation and creating green jobs in both Europe and Africa, the sector delivers significant economic and social benefits. Our findings underscore the need for policies that support and strengthen this circular industry – ensuring it continues to serve as a bridge between environmental sustainability and inclusive economic growth.”

The report shows that without the right regulatory framework, this green and sustainable sector risks losing its competitive edge to fast fashion manufacturing giants like China, which continue to dominate global textile markets producing new, cheaper, lower quality garments, at a huge environmental cost.

Discussions at EU level to finalise amends to the Waste Framework Directive, which affects the second-hand clothes trade, are due to commence later this month. This report urges decision makers involved in these discussions to support textile reuse operators. With mandatory separate textile collection coming into force across the EU in January 2025, it is imperative for these discussions to begin and reach a deal swiftly, providing certainty to the sector.

If steps are not taken to strengthen the EU’s SHC sector, its success in supporting European green policy goals, national climate targets in Africa and the Sustainable Development Goals, particularly around poverty, women’s inclusion and responsible consumption, could be undermined.

ABOUT OXFORD ECONOMICS
Oxford Economics was founded in 1981 as a commercial venture with Oxford University’s business college to provide economic forecasting and modelling to UK companies and financial institutions expanding abroad. Since then, we have become one of the world’s foremost independent global advisory firms, providing reports, forecasts, and analytical tools on more than 200 countries, 100 industries, and 8,000 cities and regions. Oxford Economics is a key adviser to corporate, financial and government decision-makers and thought leaders.

https://www.oxfordeconomics.com/

ABOUT HUMANA PEOPLE TO PEOPLE
Humana People to People is a Federation of 29 independent associations involved in humanitarian and sustainable development activities. Members of the Federation Humana People to People are active in 46 countries in Africa, Asia and Central and South America.
In Angola, Guinea-Bissau, Malawi, Mozambique and Zambia, members of the Federation Humana People to People operate a combination of second-hand clothing sorting centres, wholesale outlets and retail shops that are run as social enterprises. The proceeds from the sale of clothes and shoes are invested in social development projects in each country. In 2023, Humana People to People’s global second-hand clothing operations secured over $31.6 million in development funding.

https://www.humana.org/

ABOUT SYMPANY+
Sympany+ is a Dutch non-governmental organization (NGO) dedicated to sustainable textile circularity. The organization focuses on creating a closed-loop system for post-consumer textiles through various projects and research initiatives. Additionally, Sympany+ ensures that all working conditions within their projects adhere to OECD guidelines.

https://www.sympany.nl/

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SOURCE Humana People to People

Technology

Firmable breaks into G2’s global top five for momentum in Sales Intelligence

Published

18 minutes ago

October 28, 2026

Firmable earned 17 badges in G2’s Fall 2026 reports and improved its ranking in 28 of the 32 reports it featured in last season, holding its position in the other four.

MELBOURNE, Australia and SAN FRANCISCO, Oct. 27, 2026 /PRNewswire/ — Firmable, the AI-native B2B sales platform, has climbed from #8 to #4 on G2’s global Momentum Grid for Sales Intelligence, which ranks the fastest-rising products in the category worldwide. It also ranked #1 for SMB sales intelligence in both Australia and ANZ and moved into the top 10 across Asia-Pacific.

The results span regional, segment and global reports in both the Sales Intelligence and Lead Intelligence categories. They are based on verified reviews from Firmable customers, alongside G2’s measures of market presence and growth.

Global momentum as Firmable scales in North America

Firmable is now one of the fastest-rising sales intelligence products worldwide. Its jump to #4 on G2’s global Momentum Grid for Sales Intelligence was matched by strong gains in G2’s global satisfaction indexes:

Relationship Index for Sales Intelligence: #3, up from #24Implementation Index for Sales Intelligence: #3, up from #17Results Index for Sales Intelligence: #4, up from #16

The results arrive as Firmable expands across the US and Canada, following its $14 million Series A in March and the launch of the Firmable MCP in July. They were followed by the launch of Tech Intelligence earlier in October.

“G2 rankings come straight from customers, and that’s why these results matter to us,” said Leigh Jasper, co-founder and co-CEO of Firmable. “Customers are telling the market three things: Firmable is easy to work with, fast to roll out, and it delivers results. Those scores climbed the most this season. That’s exactly the proof point sales leaders look for when they evaluate a new platform. We built Firmable as an AI-native product from day one, and teams in North America and elsewhere are responding. Breaking into the global top five for momentum is a strong signal of where we’re headed.”

#1 in Australia and in ANZ

Firmable took the top spot for small-business sales intelligence in both of its home markets. It rose from #2 to #1 on G2’s Small-Business Australia Regional Grid for Sales Intelligence, and from #3 to #1 on the Small-Business ANZ Regional Grid. Firmable also held #1 overall in both Australia and ANZ for Lead Intelligence.

“Ranking top in Australia and ANZ and climbing across Asia-Pacific comes down to one thing: our customers are booking more meetings with less effort,” said Paul Perrett, co-founder and co-CEO of Firmable. “Growing sales teams can’t afford to waste a rep’s day on bad data or cold accounts. We give them verified contacts and buying signals that tell them who to call and when. These results show that approach is working for teams in every market we serve. And with the launch of Tech Intelligence last week, we’re not slowing down.”

Top 10 across Asia-Pacific

Firmable moved into the top 10 for small-business sales intelligence across Asia-Pacific. It climbed from #13 to #10 on G2’s Small-Business Asia Pacific Regional Grid for Sales Intelligence. It also rose from #14 to #9 on the matching Lead Intelligence grid.

Firmable debuted on G2’s Mid-Market Asia Pacific Regional Grid for Sales Intelligence at #13. That reflects growing adoption among larger revenue teams in the region. On the overall Asia Pacific grid for Sales Intelligence, Firmable moved from #18 to #15.

About G2

G2 is the world’s largest and most trusted software marketplace. More than 90 million people annually use G2 to make smarter software decisions based on authentic peer reviews.

About Firmable

Firmable is an AI-native B2B sales platform, your AI sales teammate, that helps revenue teams find, understand and connect with the right buyers at the right time. Combining verified company and contact data with technology intelligence, CRM context, buyer intent and agentic AI, Firmable powers go-to-market teams across the US, Canada and Asia-Pacific. Firmable is ISO 27001 certified. Learn more at firmable.ai.

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SOURCE Firmable

Technology

KLEVV UNVEILS ALL-NEW CRAS V RGB PRIME DDR5 GAMING/OC MEMORY

Published

19 minutes ago

October 28, 2026

SUPPORTS AMD EXPO™ Technology: Featuring Ultra Low Latency
WITH AWARD-WINNING FLAGSHIP DESIGN

HONG KONG, Oct. 27, 2026 /PRNewswire/ — KLEVV, the leading consumer memory and storage brand introduced by Essencore, unveils the all-new CRAS V RGB PRIME DDR5 Gaming/OC Memory. Purpose-built for elite gaming rigs and demanding creative workloads, this new premium memory unleashes ultra-low CAS latency down to CL26 at 6000 MT/s and blazing overclocking speeds of up to 8000 MT/s at CL38, dressed in a striking black-and-gold finish and armed with dual-platform overclocking support for gamers, PC builders, and performance enthusiasts who demand nothing but the best.

Refined Flagship Design and Craftsmanship
Building on the aluminum heat spreader design of the flagship CRAS V RGB, winner of both the Red Dot and iF Design Awards, the CRAS V RGB PRIME introduces a striking new black-and-gold interpretation of the series’ signature look.

An advanced hard-anodizing process, combined with a specialized surface treatment, gives the modules a smooth, piano-lacquer-like sheen that adds depth and sophistication from every angle. The result is an understated yet luxurious aesthetic that offers users a fresh, premium design choice while preserving the refined craftsmanship of the original CRAS V RGB.

High-Speed Performance with Lower Latency
The CRAS V RGB PRIME further advances KLEVV’s DDR5 overclocking memory lineup with tested speeds of 6000, 6400, and 8000 MT/s and CAS latencies of CL26, CL28, and CL38, respectively.

The 6000 MT/s configuration features tested timings of 26-36-36-76, while the 6400 MT/s configuration delivers timings of 28-38-38-78. For users seeking extreme frequencies, the 8000 MT/s models operate at tested timings of 38-48-48-128. All configurations are tested at 1.4V.

The 6000 and 6400 MT/s configurations are available in dual-channel kits ranging from 32GB (16GBx2), 64GB (32GBx2), to 128GB (64GBx2), while the 8000 MT/s models are offered in both 32GB (16GBx2) and 48GB (24GBx2) kits. This diverse range gives users greater flexibility to select the ideal balance of speed, latency, and capacity for their systems.

Next-Generation AMD EXPO™ Technology: Featuring Ultra Low Latency
“AMD EXPO™ Technology: Featuring Ultra Low Latency” is the latest evolution of AMD’s established memory overclocking technology. The new AMD EXPO ULL profile incorporates optimized memory sub-timing settings designed to reduce latency and improve overall performance on compatible AMD platforms. As the first product in KLEVV’s overclocking memory lineup to adopt this technology, the CRAS V RGB PRIME delivers a more responsive gaming and overclocking experience.

The 6000 MT/s and 6400 MT/s 32GB (16GBx2) configurations are certified for AMD EXPO Ultra Low Latency. According to AMD, certified Ultra Low Latency memory can deliver an average 4% improvement in FPS compared with non-ULL AMD EXPO memory on compatible systems.*

Broad Intel and AMD Platform Support
Offering broad support across the latest desktop platforms, the CRAS V RGB PRIME is compatible with AMD Ryzen™ processors on the AM5 platform and Intel® Core™ Ultra 200S Plus processors.

Each kit comes preloaded with both Intel® Extreme Memory Profile and AMD EXPO™ Technology overclocking profiles, allowing users to unlock high-speed performance through a simple BIOS setting on compatible motherboards with supported BIOS versions. With both profiles included, users can confidently choose their preferred speed and capacity without the hassle of selecting separate Intel- or AMD-specific models.

Premium Components for Uncompromising Stability
The CRAS V RGB PRIME features rigorously screened, high-quality memory ICs from a leading Korean manufacturer, ensuring consistent high-speed performance and exceptional stability under demanding workloads.

Paired with a high-density 10-layer PCB, the modules deliver enhanced signal integrity and greater resistance to interference during high-speed operation. Integrated PMIC and on-die ECC technologies further support stable power management and long-term reliability, creating a robust foundation for gaming and overclocking performance.

To ensure broad compatibility, the CRAS V RGB PRIME has also been validated on the QVLs (Qualified Vendor Lists) of four major motherboard manufacturers. Its RGB lighting supports ASUS Aura Sync, GIGABYTE RGB Fusion, MSI Mystic Light Sync, and ASRock Polychrome Sync, allowing users to seamlessly coordinate lighting across compatible components and systems.

A Complete DDR5 Gaming/OC Memory Lineup
The introduction of the CRAS V RGB PRIME further expands KLEVV’s comprehensive DDR5 Gaming/OC memory portfolio.

With the CRAS, URBANE, BOLT, and FIT series available across a wide range of designs and specifications, KLEVV continues to provide flexible memory choices for different performance requirements, system configurations, and aesthetic preferences.

Warranty and Availability
The CRAS V RGB PRIME DDR5 comes with a limited lifetime peace of mind warranty and will be available from November 2026. Please visit the KLEVV website to check product availability across online and offline retail channels.

ABOUT KLEVV
KLEVV is a premium brand of Essencore, a major vendor of memory modules and NAND flash application products. The KLEVV range focuses on high-performance gaming memory modules and solid-state drives, engineered for enthusiasts who demand world-class quality and reliability. KLEVV memory and SSD products have been recognized with Germany’s Red Dot Design Award and iF Design Award for their innovative design. For more information, please visit www.klevv.com.

ABOUT ESSENCORE
Established in 2014, Essencore Limited aims to become the world’s top vendor of DRAM modules and NAND flash application products. The company started with one goal: to “Change the world and be a leader in semiconductor distribution.” The business strategies of Essencore are to adopt the newest technologies to differentiate themselves from competitors, deliver dedicated Memory products, and offer various product portfolios for customers’ competition readiness. For more information, please visit www.essencore.com.

*Based on AMD testing. Actual performance may vary depending on processor, motherboard, BIOS version, memory configuration, and application workload.

Overclocking and/or Undervolting AMD processors and memory, including without limitation, altering clock frequencies / multipliers or memory timing / voltage, to operate outside of AMD’s published specifications will void any applicable AMD product warranty, even when enabled via AMD hardware and/or software. This may also void warranties offered by the system manufacturer or retailer. Users assume all risks and liabilities that may arise out of overclocking / undervolting AMD processors, including, without limitation, failure of or damage to hardware, reduced system performance and/or data loss, corruption or vulnerability. GD-106.

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SOURCE Klevv

Technology

CDNetworks’ Cybersecurity Capabilities in APAC Recognized in IDC China’s 2026 Assessment

Published

19 minutes ago

October 28, 2026

Combining global network reach, AI-powered security, and local expertise, CDNetworks helps enterprises protect critical applications and operate securely across diverse APAC markets.

SINGAPORE, Oct. 28, 2026 /PRNewswire/ — CDNetworks, the APAC-leading network to deliver edge as a service, has been recognized in IDC China’s 2026 assessment of cybersecurity product and service capabilities across Asia-Pacific markets. CDNetworks received the highest ratings of five stars in six markets: Hong Kong SAR, Vietnam, Singapore, Japan, Malaysia, and South Korea, highlighting its cybersecurity expertise, extensive regional presence, and ability to address diverse security needs across APAC.

The assessment examines providers’ security offerings, regional operations, and service delivery across APAC. It highlights CDNetworks’ strengths in:

Extensive Global Infrastructure: With over 3,000 global Points of Presence and China CDN capabilities, CDNetworks supports secure, high-performance digital delivery across APAC, including cross-border acceleration for businesses serving users in mainland China.Strong APAC Presence and Local Expertise: Established local service teams in key APAC markets, including Singapore, Malaysia, Vietnam, Japan, South Korea, and China, provide multilingual consultation, solution design, deployment, and 24/7 technical support tailored to local business needs.Advanced WAAP and AI-Powered Security: CDNetworks delivers comprehensive Web Application and API Protection (WAAP), combining DDoS protection, intelligent WAF, bot management, API security, and AI-powered security operations to safeguard business-critical applications, detect emerging threats, and accelerate incident response.Adaptability to Diverse APAC Markets: CDNetworks adapts its services to different network environments, industry-specific requirements, and applicable data protection regulations, including PDPA and GDPR, helping enterprises address local market needs while maintaining consistent security standards.

“IDC’s recognition is an encouraging acknowledgment of our ongoing efforts to advance cybersecurity across APAC,” said Antony Li, APAC Head of Sales at CDNetworks. “As AI creates new opportunities and security challenges, businesses across APAC need protection that works consistently across markets while adapting to local requirements. We will continue investing in intelligent security and local expertise to help our customers innovate securely and build long-term digital resilience.”

About CDNetworks

As the APAC-leading network with over 3,000 global Points of Presence and more than 20 years of technology experience, CDNetworks delivers the fastest and most secure digital experiences to end users. Our diverse products and services include web performance, media delivery, cloud security, edge computing, zero-trust security, and colocation services, all designed to spur business innovation.

To learn more, visit cdnetworks.com and follow us on LinkedIn.

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SOURCE CDNetworks