All Suppliers articles
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ArticleYoung Russian sporting goods brands struggle to take off
Young Russian sporting goods brands face challenges, one being a lack of high-quality raw materials, especially fabrics.
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ArticleGerman leather goods industry suffers steep sales drop
The leather and leather goods manufacturing sector saw a significant turnover decline during the first half of the year.
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ArticleIndian fabric supply chain startup raises $1.6 million
Fabriclore, an Indian technology-enabled fabric sourcing platform for fashion companies, announced that it has received $1.6 million in funding led by Bengaluru, India-based PeerCapital and UAE-based Regal Fabrics. Founded in 2016 by entrepreneurs Vijay Sharma, Sandeep Sharma and Anupam Arya, Jaipur-based Fabriclore owes its success to its eight years of ...
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ArticleShein considers supply chain as a service
Shein seeks to package its method of “small-batch, on-demand production” and sell it as a service to other brands and designers. So reads a letter to its investors that the Wall Street Journal (WSJ) says it has reviewed. Although founded in China, the fast-fashion brand now operates out of Singapore, ...
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News briefsCelanese and Under Armour develop new stretch fabric
Source: Under Armour At the Fiber Spinning Lab at The Nonwovens Institute, NC State University Celanese and Under Armour have joined forces to introduce a groundbreaking performance stretch fabric named Neolast. This material is poised to offer the industry a superior alternative to elastane, commonly known as ...
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News briefsTrusTrace releases a second industry playbook featuring Asics
TrusTrace has released its second industry playbook, The Traceability Roadmap: A practical, step-by-step guide to implementing traceability in supply chains. With the free Traceability Roadmap, businesses can find out how to define needs, set goals, outcomes, success indicators, and return on investment to ensure cross-functional buy-in. The ...
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ArticleH&M increases pressure on EU with open letter on delayed REACH revision
Fashion giant H&M Group has sent a letter to EU authorities calling for more progressive chemicals legislation, particularly in relation to the upcoming revision of the Registration, Evaluation, Authorisation and Restriction of Chemicals (REACH) regulation. The paper contains three demands to improve chemicals policy in the European Union: An ambitious ...
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News briefsYKK is a leader in supplier engagement, increases environmental efforts
Japanese YKK Corporation has been selected as a “supplier engagement leader,” the highest score on the 2022 Supplier Engagement Report (SER) from CDP for the first time. CDP is an international environmental non-profit focused on measuring and reporting companies’ environmental impact (it also published a global supply chain report and ...
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News briefsYKK with new company logo and more
Japanese accessories specialist YKK has introduced its new corporate logo and brand motto. The company has gone through a restructuring of its business in April 2021, sharpening its focus on the fastening business, which includes zippers, snaps and buttons. According to the company, a website dedicated to the new corporate ...
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News briefsHummel takes new steps to protect textile workers in Pakistan
Danish sportswear brand Hummel has taken a step forward in its commitment to worker safety by signing the Pakistan Accord. The initiative, which is part of the expanded International Accord for Health and Safety in the Textile Industry, of which Hummel is already a member, aims to ensure a safe ...
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News briefsValencian firm aligns with PPA
Already the official court provider for the World Padel Tour (WPT), Padel Galis has struck a deal to become the first official supplier of courts and grass to the Professional Padel Association (PPA), according to CMDsport. The deal’s terms will give professional players a say in the official court’s design. ...
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News briefsChina eases Covid restrictions
China announced a general relaxation of Covid-19 health rules, authorizing patients with mild symptoms and for asymptomatic cases to quarantine at home. Previously, such cases were sent to mass quarantine centers. The National Health Commission also indicated that negative PCR test results would no longer be needed for domestic travel ...
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News briefsOrthoLite Cirql names sales director in Ho Chi Minh City, Vietnam
Source: OrthoLite Juan Cutina U.S.-based insole specialist OrthoLite has introduced Juan Cutina as sales director for its recently launched OrthoLite Cirql division. Cirql – an EVA foam that is plastic-free, recyclable, biodegradable and industrially compostable – is a patented solution for footwear that helps brands and factories ...
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News briefsHyosung TNC commercializes bio-based spandex
South Korean company Hyosung TNC reports success in extracting spandex from corn and commercializing the world’s first bio-based spandex. The bio-derived material, Creora bio-based, uses a natural material extracted from corn instead of coal. The material is certified by the U.S. Department of Agriculture and received the Eco Product Mark, ...
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ArticleArchroma takes over Textile Effects business from Huntsman
The Swiss chemical solutions company Archroma (part of the U.S.-based investment firm SK Capital Partners) has entered into a definitive agreement to acquire the Textile Effects business from Huntsman Corporation. Huntsman Textile Effects was in the OIC news lately for its new PFC-free water repellent. The total enterprise value of ...
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News briefsAdidas supplier NTX closes $200 million funding round
The textile technology company NTX, based in Singapore and Shanghai, has completed the funding of nearly $200 million in a C2 financing round led by Centurium Capital, with additional contributions from existing shareholder NRL Capital. Index Capital served as the exclusive financial advisor. According to a company release, the funding ...
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ArticleStrong start of the Functional Fabric Fair in New York
Functional Fabric Fair New York – powered by Performance Days® is a trade-exclusive event showcasing the latest trends in fabric development for the functional textile industry and provides a suitable marketplace in the U.S. for sourcing high-performance functional fabrics and accessories. On July 19-20, for the first time in three ...
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ArticlePádel meets domotics
Smart Padel Automation has established a (non-exclusive) partnership with Playtomic to deliver a package of services that could render pádel clubs all but automatic and relieve them of the need for staff. Established in January and headquartered in Madrid, Smart Padel derives its tech from a ten-year-old Galician company called ...
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ArticleCoats acquires Texon
Coats Group, a U.K.-based manufacturer of industrial yarns, has reached a definitive agreement to acquire Texon, a supplier of components and materials for footwear, accessories and apparel for Nike, Adidas and other brands, for an enterprise value of $237 million and a total cash value of $211 million after deductions ...
