Austrian fiber firm Lenzing and Belgian chemical group Solvay have partnered up to launch a new sustainable fabric combining Tencel’s lyocell fibers and Amni Soul Eco, a biodegradable polyamide. The two companies said in a joint statement that the new fabric is designed to “further optimize the benefits […]

A new wave of companies looking to make fashion more sustainable has joined Fashion for Good’s Plug and Play Accelerator program, which provides them with a twelve-week curriculum including mentorship and business development opportunities from Fashion for Good’s corporate partners C&A, Adidas, Bestseller, […]

Spanish fast fashion giant Inditex (Zara, Pull & Bear, Bershka, Stradivarius) has announced a multi-year agreement with the Massachusetts Institute of Technology (MIT) to conduct joint research on sustainability and recycling of textile materials, as well as new lines of research related to data analysis. […]

Istanbul - Denim manufacturer ISKO, part of Turkish holding SANKO Group, has opened a new distribution center near Istanbul, looking to accelerate delivery to its clients across 30 countries. The space, which is 40 meters high, 80 meters long and 45 meters wide, can store up to 128,000 rolls of fabric, […]

INTERVIEWAllbirds’ rise is every startup’s dream. In just over three years, the San Francisco-based footwear company sold over a million pairs of sneakers, raised more than 77 million US dollars and is reportedly valued at 1.4 billion, according to a recent report by the Wall Street Journal. Its shoes […]

ANALYSIS New York - Prada reported full-year sales of 3.142 billion euros on Friday, up 6 percent at constant exchange rates and compared with 9.4 percent growth in the first six months. At current exchange rates, sales growth came in at 3 percent, explained the company in a financial release. Negative […]

ANALYSIS New York – The British fashion retailer is expected to report a decline in its annual profits later this week when it publishes its financial performance for 2018. Corporate struggles and a weaker pound are to blame, according to the market. As Cantor Fitzgerald’s analyst Mark Photiades put […]

Turkey's leading jeans and apparel brand Mavi has reported a 32 percent increase in revenues for its full year financial results for the year ending January 31, 2019. The company said, consolidated revenues increased by 32 percent to 2.353 billion Turkish Lira and net profit increased by 12 percent […]

Together with various partners, the United Nations launched on Thursday the UN Alliance for Sustainable Fashion at the UN Environment Assembly in Nairobi, Kenya. The Alliance seeks to halt the environmentally and socially destructive practices of fashion, pointing to the fact that the fashion industry […]

Italian leather goods label Furla is booming. The company closed FY 2018 with a turnover of 513 million euros (approximately 579 million US dollars or 440 million pounds) and is seeking to diversify its portfolio by launching a sneaker collection. Founded in Bologna in 1927 by the Furlanetto family, […]

Related news

MORE NEWS

 

LATEST JOBS

 

MOST READ