News
VF Corp buys natural fibre specialist Icebreaker
GREENSBORO – US-based apparel and lifestyle retail brand VF Corporation has purchased New Zealand-based Icebreaker as it looks to increase
Fair play?
Aggressive tax avoidance schemes might make financial sense but for a growing number of consumers, they’re simply not cricket. When
News
A cry for help?
ISTANBUL — Customers shopping at Zara, the fast fashion retailer owned by the world’s largest apparel company, Inditex, recently found
Further growth for Cambodia garment exports
PHNOM PENH – Cambodia’s heavily export-orientated garment industry continues to show signs of upturn despite ongoing challenges around social compliance
Amazon threat looms large for retailers
Amazon’s continued encroachment into the apparel retail space will step up a gear in 2018, with traditional department stores facing
BlockTexx announces AUD$7m funding round
21st February 2024
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QUEENSLAND – Australian recycling technology company, BlockTexx, has announced the closure of an AUD$7m Series B funding round to scale its textile resource recovery solution.
US Senator asks SEC to block SHEIN IPO
20th February 2024
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FLORIDA – A US Senator has asked the financial regulator to block an initial public offering (IPO) of SHEIN until it can disclose more information
EU clarifies position on green claims by business
19th February 2024
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BRUSSELS – Fashion companies will have to send any green claims they make for verification by a third party – or risk fines of at
Haelixa and Trudel in traceable silk partnership
15th February 2024
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ZURICH – Swiss traceable textile specialist Haelixa has announced a new partnership with Swiss-Italian business Trudel Silk to provide 100 per cent traceable silk from
Turkish union leader shot in incident at Akar Textile
14th February 2024
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IZMIR – Makum Alagöz, president of the Turkish textile workers’ union DERİTEKS, was this week shot by the brother of the owner of Akar Textile
Recycled polyester alternative performs well in tests
13th February 2024
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LOS ANGELES – A recycled alternative to polyester, produced from old clothing, matched the quality standards of its virgin counterpart in independent tests. US technology
SHEIN opens US-based logistics hub
12th February 2024
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SEATTLE – Chinese fast fashion brand SHEIN has announced it will open a Seattle-area office in downtown Bellevue, expanding its growing US footprint. The company
Fresh forced labour claims over Uzbek cotton
1st February 2024
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WASHINGTON – Independent civil society monitoring of the annual cotton harvest in Uzbekistan found that in 2023, local officials “resorted to forced labour” in districts
Helmersson quits as H&M chief in surprise move
31st January 2024
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STOCKHOLM – Helena Helmersson, CEO of Swedish fast fashion brand H&M, has unexpectedly quit her role. Fashion industry veteran Daniel Ervér will take over with
