News
Woes continue for J Crew Group
NEW YORK – US apparel retailer J Crew Group has announced a sobering set of financial results for the third
VF Corp backs foam dyeing technology
TEXAS – US denim brands Wrangler and Lee have put their financial weight behind a new foam dyeing process which claims
Europe’s sweatshops uncovered in report on garment production
AMSTERDAM – Bringing garment manufacture closer to home is not necessarily the solution to reducing poor working conditions for employees
China expands footprint in Ethiopian textile sector
ADDIS ABABA – One of China’s largest textile manufacturers, Wuxi Cotton Mill, has become the latest inward investor to head
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
MEP back EPR proposals for textile products
13th March 2024
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BRUSSELS – Members of the European Parliament have this week adopted proposals by the European Commission to better prevent and reduce waste from textiles across
Infinited Fiber completes €40m funding round
8th March 2024
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HELSINKI – Finnish textile recycling technology and business, Infinited Fiber Company, has completed a two-part financing round totalling €40m. The funding includes investments from new
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
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
NGO files complaint over Lululemon greenwashing
13th February 2024
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VANCOUVER – North American fashion brand Lululemon has been accused of greenwashing in a complaint submitted to the Canada’s Competition Bureau. The complaint claims Lululemon’s
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
Primark to invest more than £100m in UK stores
12th February 2024
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DUBLIN – British fast fashion retailer Primark says it will invest more than £100m in its UK stores in 2024, as it marks 50 years
