News Jack Wolfskin purchased by Callaway Golf Company CALIFORNIA – Callaway Golf Company is set to acquire German outdoor brand Jack Wolfskin for US$476m. The acquisition furthers Callaway’s Read More »
News German court sits on Ali Enterprises case DORTMUND – This week, a court in Dortmund held the first oral hearing in the case of the factory fire Read More »
News Patagonia donates US$10m to climate change causes CALIFORNIA – US outdoor brand Patagonia will donate the entire US$10m it saved in taxes last year to non-profits which Read More »
News China eyes US$100m green textile park in Philippines MANILA – A Chinese textile business has targeted the Philippines for a reported US$100m green textile park. China Zhejiang Guannan Read More »
News Microfibres and antimicrobial finishes on agenda in Germany MUNICH – Textile technology business Polartec has launched the first ever fabric technology engineered to reduce microfibre shedding. The business Read More »
News Fresh funding for yarns-from-seaweed business NEW YORK – AlgiKnit, a biomaterials company which is developing yarn spun from kelp, has announced a US$2.2m Series Seed Read More »
News Boohoo tells MPs about loss-leader £5 dresses LONDON – Online apparel brand Boohoo is selling some dresses at a loss to drive website traffic. Carol Kane, joint Read More »
News “Price issue is getting worse” … RMG factories speak out DHAKA – Bangladeshi garment suppliers are still being driven down on price by apparel brands and retailers – but some Read More »
News H&M closes down Cheap Monday STOCKHOLM – Swedish fast fashion brand H&M is to close down its Cheap Monday skinny jeans brand amid declining sales Read More »
China targets ‘harmful’ clothing from Nike, H&M and Zara 3rd June 2021 No Comments BEIJING – China has ramped up its war on Western brands by accusing clothing brands Nike, H&M and Zara of selling goods that could be Read More »