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Press Releases
The biopolymers market could grow sharply in the coming years as the absorbent hygiene products (AHPs) industry seeks to avoid legislation ...more...
Markets for cosmetotextile products will benefit from a consumer focus on beauty and wellness resulting from the COVID-19 pandemic ...more...
Innovations in cellulosic fibres derived from textile and clothing waste are poised for commercialisation in 2021 ...more...
COVID-19 pandemic spurs innovation in antiviral fabrics for medical protective clothing ...more...
Room for improving the environmental sustainability of waterproof breathable fabrics, despite progress made ...more...
 
Textiles News Headlines
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Monday, May 10, 2021
Gildan moves to Q1 profit boosted by activewear sales  (2021-05-06)
  Basic apparel maker Gildan Activewear has made a strong start to the year as it returned to profit in the first quarter and booked sales increases boosted by activewear.
Adidas harnesses data for 3D printed midsole  (2021-05-06)
  German sportswear giant Adidas has unveiled a data-driven 3D printed performance running midsole designed to compress forward upon vertical impact, providing runners with an all-new experience.
Fabletics launches probe into Lesotho factory following abuse allegations  (2021-05-06)
  Fabletics, the clothing line co-founded by actress Kate Hudson, has suspended operations at a factory in Lesotho following allegations of sexual and physical abuse.
Nogin acquires ModCloth from Go Global Retail  (2021-05-06)
  Nogin, a specialist in outsourced e-commerce for major fashion and consumer product companies, has acquired women's clothing company and online retailer ModCloth for an undisclosed sum from brand investment platform Go Global Retail.
Next ups central profit guidance on Q1 sales beat  (2021-05-06)
  UK clothing and homeware retailer Next Plc has upped its central profit guidance for the year after reporting first-quarter sales that beat guidance.
Avery Dennison sets 2050 net-zero ambition  (2021-05-05)
  Avery Dennison has announced its ambition to be net-zero on greenhouse gas emissions by 2050 alongside a series of new sustainability goals for 2030.
Apparel Impact Institute targets Italy for supply chain programme  (2021-05-05)
  The Apparel Impact Institute (Aii), an environmental accelerator for the apparel and footwear industries, has partnered with Italian non-profit Legambiente to implement its programme to accelerate and realise positive environmental impacts in Italy's supply chain.
Lenzing invests EUR200m to reduce emissions in China, Indonesia  (2021-05-05)
  Austrian cellulosic fibre producer Lenzing is investing more than EUR200m (US$240m) to produce more environmentally-friendly speciality fibres at its production sites in China and Indonesia.
Casualwear supports Hugo Boss as European lockdowns disrupt trade  (2021-05-05)
  Hugo Boss experienced a continued sales decline during Q1 FY2021, with revenue falling by EUR58m to EUR497m (US$599m), despite being up against weak comparatives last year, when most markets were approaching the initial peak of the virus.
Debenhams prepares to close all doors for final time  (2021-05-05)
  UK department store retailer Debenhams says all its remaining stores will permanently close on either 12 or 15 May.
France to invest EUR68.5m in Ivory Coast cotton sector  (2021-05-05)
  France is investing EUR68.5m (US$83.05m) over the next five years to boost cotton production in the Ivory Coast, according to reports.
Call for policy consistency ahead of EU Industry Strategy review  (2021-05-05)
  The European Apparel and Textile Confederation (Euratex) says it welcomes the upcoming revision of the EU Industry Strategy but is urging consistency across EU policies as it grows increasingly concerned textile and apparel companies are facing significant challenges related to over-regulation and raising energy and supply costs.
Vietnam and India pulling buyers away from China  (2021-05-05)
  Vietnam is continuing to pull US buyers away from China, a new report has found, with India also a top favourite as companies increasingly look for alternative sourcing locations.
Boohoo in FY beat as sales soar to GBP1.7bn  (2021-05-05)
  UK online fast fashion retailer Boohoo Group saw sales soar by more than 40% for the full year, surpassing its guidance for the period, despite the challenges posed by the Covid-19 pandemic. 
Gap Inc to offload Intermix in latest Power Plan 2023 move  (2021-05-05)
  US specialty clothing retailer Gap Inc has struck a deal to sell Intermix to private equity firm Altamont Capital Partners in another move under its Power Plan 2023, which sees the group focus on its core portfolio.

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