Textile
The latest news
Dormant stocks: Evolution and limits of the unused materials market
Unused fabric inventory is now being increasingly taken into consideration by designers, brands and major labels, as some French start-ups active in the growing dormant stocks sector have told FashionNetwork.com.
Fashion
UK luxury is £81bn industry says new report
The UK luxury sector is now worth £81 billion a year to the UK economy and supports 450,000 jobs, according to a new report by British luxury body Walpole.
Fashion
Austrian firm Lenzing’s revenue at $2.74 bn in FY23
Austria’s Lenzing Group, a leading global producer of regenerated cellulosic fibres, has reported a stable revenue of €2.52 billion (approximately $2.74 billion) in fiscal 2023.
Fashion
MEPs attack fast fashion by tackling textile waste
While the French government is trying to put the brakes on fast-fashion players, EU Parliament members are following their own agenda, and are tackling the issue of textile waste.
Fashion
John Lewis back in profit, fashion sales rise
John Lewis is one of the most closely watched retail giants in the UK at the moment, mainly because of its many problems in recent years. But at least its annual results managed to show it returning to profit.
Fashion
Première Vision names Florence Rousson head of the executive board as Gilles Lasbordes leaves
GL Events, owner of the fashion and textiles trade show organiser, has appointed Florence Rousson as head of Première Vision’s executive board. Gilles Lasbordes, who has been with PV for 20 years, is leaving the group.
Fashion
Missoni acquires textile manufacturer Tricotex
The Italian fashion house, which celebrated its 70th anniversary last year, has announced the acquisition of Tricotex, a textile company specialising in Raschel knitwear.
Fashion
China's textile industry seeks balance between domestic and international markets
Along with luxury goods, sportswear could be the latest sector to escape the slowdown in Chinese textiles and clothing, which is trying to find a new balance between exports and the domestic market..
Fashion
Otto Group unveils leadership succession plan
Otto Group has announced a succession plan that will see Benjamin Otto succeeding his father Prof. Dr. Michael Otto as head of the group, but not until 2026, with other key changes happening from next year.
Fashion
Chanel buys French clothing group JY BH
The Parisian luxury fashion house is boosting its production capacity by acquiring the four garment-making workshops of its long-standing partner, the French group JY BH.
Fashion
Coats Group's results show falling sales, but it beats the wider industry
Threads and materials giant Coats Group may have been pleased about its continued outperformance against the industry last year, but its latest results still revealed falling revenues and little movement in profits
Fashion
Shanghai’s big textile trade shows open on cautiously optimistic note
The Intertextile show, with 3,000 fabric producers exhibiting, and the Chic show, with its 1,200 apparel manufacturers, kicked off on March 6 amidst hopes of renewed growth in Western and Chinese demand.
Fashion
Avellano: Noah Cyrus steals the show as the blushing latex bride
On the last day of Paris Fashion Week, young French brand Avellano put a modern twist on its signature PVC looks and featured singer/songwriter Noah Cyrus as both the opening model and final bridal look.
Fashion
H&M Group and partners in new deal to scale textile-to-textile recycled polyester
H&M Group has joined forces with Vargas Holding to launch Syre, a new venture “to rapidly scale textile-to-textile recycled polyester”. It’s also backed by TPG Rise Climate.
Fashion
Gap Inc. partners with Ambercycle to integrate sustainable textiles into Athleta products
Gap Inc. and Ambercycle announced on Tuesday a partnership aimed at incorporating textile-to-textile recycled materials into Athleta products.
Fashion
Arc’teryx opens new 'pinnacle' store in Covent Garden
Canadian technical outdoor brand Arc’teryx Equipment has chosen London’s Covent Garden to open its biggest store in Europe.
Fashion