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Textile

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Shandong Ruyi's struggles continued in H1

Shandong Ruyi's struggles continued in H1

​Shandong Ruyi, the Chinese group that owns a raft of European brands, continued to struggle in H1. Turnover fell 20.43% with the clothing category down 44.67% and the share of revenue it accounted for dropping sharply.
Fashion
Turkey's textile industry keen to show Europe its green credentials

Turkey's textile industry keen to show Europe its green credentials

The Turkish association of apparel and textile raw materials exporters (ITHIB) presented this summer a ‘Sustainability Action Plan’ designed to align local producers with the expectations of western apparel brands.
Fashion
Retailers and unions extend legally-binding worker safety accord in Bangladesh - sources

Retailers and unions extend legally-binding worker safety accord in Bangladesh - sources

Major global retailers agreed to extend a legal agreement with garment workers and factory owners in Bangladesh that subjects retailers to legal actions if their factories fail to meet labour safety standards.
Fashion
Tumi launches exclusive travel collection with Missoni

Tumi launches exclusive travel collection with Missoni

Tumi announced on Thursday that it is teaming up with the Italian luxury brand, Missoni, to offer a travel-inspired collection rooted in style and durability. 
Fashion
Luxury industry: China reshuffles the deck

Luxury industry: China reshuffles the deck

After taking a plunge last week following the announcement of China’s wealth redistribution plan, share prices for the leading luxury groups made up some ground earlier this week, though uncertainty lingers.
Fashion
Deciem's Nicola Kilner: The Ordinary born out of frustration, industry rife with misleading ads

Deciem's Nicola Kilner: The Ordinary born out of frustration, industry rife with misleading ads

Now 76% owned by Estée Lauder, the Deciem Beauty Group, proprietor of skincare brands The Ordinary and Niod, continues to expand in Europe. FashionNetwork.com has interviewed Nicola Kilner, CEO of the Deciem group.
Fashion
Chanel acquires Italian knitwear business Paima

Chanel acquires Italian knitwear business Paima

Luxury brand Chanel has acquired a majority stake in Italian knitwear factory and one of its long-time suppliers Paima. This brings Chanel’s total acquisitions in Italy over the past year to four.
Fashion
The North Face and Spinnova team up for textile partnership

The North Face and Spinnova team up for textile partnership

The North Face announced on Friday a partnership with sustainable textile material company Spinnova to develop new sustainable, high-performance textiles for the outdoor apparel category.
Fashion
A third of Vietnam's textile-garment operations on hold due to COVID-19

A third of Vietnam's textile-garment operations on hold due to COVID-19

Around 30-35 per cent of textile and garment factories in Vietnam have closed due to the COVID-19 pandemic, according to the Vietnam Textile and Apparel Association (VITAS).
Fashion
US yarn innovator Unifi's fourth quarter sales leap 114%

US yarn innovator Unifi's fourth quarter sales leap 114%

Unifi, a US-based leading innovator in recycled and synthetic yarns, has reported 114 per cent sales growth to $184.4 million in its fourth quarter (Q4) of FY21 ended on June 27, 2021, compared to the sales of $86.
Fashion
Indian textile firm Arvind Ltd hits triple digit growth in Apr-June

Indian textile firm Arvind Ltd hits triple digit growth in Apr-June

First-quarter (Q1) revenue skyrocketed 140 per cent at Arvind Limited, one of largest textile companies in India, reaching ₹1,439 crore compared to revenue of ₹599 crore in Q1 FY21.
Fashion
Japanese carbon fibre producer Teijin's Q1 sales expands to ¥226 bn

Japanese carbon fibre producer Teijin's Q1 sales expands to ¥226 bn

Teijin Ltd, a Japanese manufacturer of carbon fibre products, posted a 26.1% sales increase to ¥225.9 billion in Q1 FY21 ended on June 30, against ¥179.1 billion in the same period of FY20.
Fashion
Ex-Hermès CEO Patrick Thomas joins US faux leather maker MycoWorks

Ex-Hermès CEO Patrick Thomas joins US faux leather maker MycoWorks

MycoWorks, a US-based biomaterials company dedicated to bringing new mycelium materials to the world, has announced that Patrick Thomas will join its board of directors as an independent member.
Fashion
Autumn Editions of Intertextile Shanghai & Yarn Expo pushed to October

Autumn Editions of Intertextile Shanghai & Yarn Expo pushed to October

The Autumn Editions of Intertextile Shanghai Apparel Fabrics, Intertextile Shanghai Home Textiles and Yarn Expo have been postponed to October 9-11, 2021 due to the sudden rise of COVID-19 cases in China.
Fashion
Cotton prices in India soar as demand rises & stock depletes

Cotton prices in India soar as demand rises & stock depletes

Strong demand from the cotton market and depleting stocks in addition to 10% import duty levied on cotton have collectively caused cotton prices in India to soar.
Fashion
Poor conditions persist in Leicester garment factories - report

Poor conditions persist in Leicester garment factories - report

Exploitation of garment workers is continuing in Leicester's textile industry, a new report claims, a year after an exposé highlighted abuses in the supply chain. This is despite measures to safeguard employees.
Fashion