New fund helps apparel industry to invest beyond sustainability

Related Keywords: apparel, C&A Foundation, fabrics, footwear, innovation, manufacturer, mill, supply chain, sustainability, technology, Textile

United States
New fund helps apparel industry to invest beyond sustainability
Summary: 
Innovation hubs Fashion for Good and The Mills Fabrica have teamed up with the C&A Foundation to launch an investment fund that will aim to “spearhead systemic change in the apparel and footwear supply chain”. The Good Fashion Fund has launched with initial funding of $13 million, but has a target of quickly attracting new investors and raising the size of the fund to $60 million . It will be managed by specialist

Innovation hubs Fashion for Good and The Mills Fabrica have teamed up with the C&A Foundation to launch an investment fund that will aim to “spearhead systemic change in the apparel and footwear supply chain”.

The Good Fashion Fund has launched with initial funding of $13 million, but has a target of quickly attracting new investors and raising the size of the fund to $60 million . It will be managed by specialist Amsterdam-based investment firm Fount.

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Materials show puts the future of footwear in focus

Related Keywords: activewear, buyer, Decathlon, designs, footwear, Industry, Materials Show, sports, Textiles, vendors

United Kingdom
Materials show puts the future of footwear in focus
Summary: 
This August, buyers, designers, and thought leaders in the footwear industry will mix, mingle and source material and components at the event of the summer: the Materials Show. Taking place one week apart on both the East and West Coasts, the semi-annual Materials Show is one of the most forward-thinking trade expos in the industry. Footwear designers seek out inspiration for upcoming seasons, and buyers source the practical

This August, buyers, designers, and thought leaders in the footwear industry will mix, mingle and source material and components at the event of the summer: the Materials Show. Taking place one week apart on both the East and West Coasts, the semi-annual Materials Show is one of the most forward-thinking trade expos in the industry. Footwear designers seek out inspiration for upcoming seasons, and buyers source the practical components, textiles and processes they need to turn those designs into reality.

The footwear industry today is breathing a collective sigh of relief.

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Lowa aquired an important footwear supplier

Related Keywords: footware, footwear, future, Germany, Lowa, Riko, Tecnica Group

Germany
Lowa aquired an important footwear supplier
Summary: 
German outdoor footwear brand Lowa has announced that it has acquired one of its most important suppliers. Slovakia-based Riko Sport has been making shoes for the brand since 1992. Riko employs approximately 1,900 people in Italy and Slovakia. The addition of these jobs will bring Lowa’s total workforce to more than 2,000 people. “Riko Sport has been producing the main share of our footwear

German outdoor footwear brand Lowa has announced that it has acquired one of its most important suppliers. Slovakia-based Riko Sport has been making shoes for the brand since 1992.

Riko employs approximately 1,900 people in Italy and Slovakia. The addition of these jobs will bring Lowa’s total workforce to more than 2,000 people.

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Technology behind Nike's newest running shoes

Related Keywords: brand, footbed, footwear, investment, Nike, plastic, Premium, rubber, skin, supply chain, technology, TPE

United States
Technology behind Nike's newest running shoes
Summary: 
Nike has unveiled its latest innovation in athletic footwear technology: the Nike Joyride cushioning system. Joyride is a new, proprietary cushioning platform, released Thursday, which Nike is positioning next to the its revolutionary Nike Air technology and its TPU foam-based Nike React collection. Nike says the new system was designed to provide the holy grail of running shoe features—powerful impact absorption combined with superior energy return—all personalized

Nike has unveiled its latest innovation in athletic footwear technology: the Nike Joyride cushioning system.

Joyride is a new, proprietary cushioning platform, released Thursday, which Nike is positioning next to the its revolutionary Nike Air technology and its TPU foam-based Nike React collection. Nike says the new system was designed to provide the holy grail of running shoe features—powerful impact absorption combined with superior energy return—all personalized to fit an individual runner’s stride.

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VF Corporation revenue up by 6% in first quarter

Related Keywords: apparel, China, footwear, Kontoor, Reef, Timberland, Vans, VF Corporation

United States
VF Corporation revenue up by 6% in first quarter
Summary: 
Apparel and footwear group VF Corporation, whose brands include The North Face, Vans, Timberland and Reef, has reported revenues of $2.3 billion for the first quarter of its current fiscal year, the three-month period ending June 30. This is an increase of 6% compared to the same quarter last year. The group’s outdoor segment increased its revenues by 7% to $610.6 million

Apparel and footwear group VF Corporation, whose brands include The North Face, Vans, Timberland and Reef, has reported revenues of $2.3 billion for the first quarter of its current fiscal year, the three-month period ending June 30.

This is an increase of 6% compared to the same quarter last year.

The group’s outdoor segment increased its revenues by 7% to $610.6 million, which included a 9% increase for The North Face. The increase for the group’s active segment was 8% year on year, reaching $1.2 billion; within this segment, Vans increased its revenues by 20%.

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Footwear demand to grow by 4% till 2023 in US

Related Keywords: 2023, Adidas, brand, demand, footwear, Freedonia, import, market, purchasing, research, United States

United States
Footwear demand to grow by 4% till 2023 in US
Summary: 
Even as trade war jitters and changes in sourcing have shaken the footwear industry in the United States and abroad, a new report claims the sector should still expect solid growth in demand over the next four years. In its most recent batch of “Focus Reports,” The Freedonia Group, a division of MarketResearch.com, said the current footwear market will grow 4 percent in value, from $26.8 billion in 2018 to $32.6 billion in 2023. However, the growth

Even as trade war jitters and changes in sourcing have shaken the footwear industry in the United States and abroad, a new report claims the sector should still expect solid growth in demand over the next four years.

In its most recent batch of “Focus Reports,” The Freedonia Group, a division of MarketResearch.com, said the current footwear market will grow 4 percent in value, from $26.8 billion in 2018 to $32.6 billion in 2023. However, the growth will not be equally spread across categories.

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Worldwide visitors will discover the potential of Morocco market

Related Keywords: Bag sector provides the perfect business platform for its international exhibitors, footwear, leather, Mediterranean and Africa market, Morocco, Morocco Leather & Shoes fair, Morocco market

Mumbai
Summary: 
Fair which will be held between 28 - 31 March 2019 at OFEC, La Foire Internationale de Casablanca. Worldwide visitors will discover the potential of Morocco market through Morocco Leather & Shoes fair. Morocco Leather & Shoes Fair offers to its exhibitors remarkable export volume by introducing the new buyers, agents, distributors, partners for the whole Morocco, Mediterranean and Africa market. The unique platform for Leather, Footwear, Bag sector provides the perfect business platform for its international exhibitors. With an exciting and a big number of buyers Morocco Leather & Shoes Sub-Industry Fair offers is the most prestigious sector meeting in the region.

Fair which will be held between 28 - 31 March 2019 at OFEC, La Foire Internationale de Casablanca. Worldwide visitors will discover the potential of Morocco market through Morocco Leather & Shoes fair. Morocco Leather & Shoes Fair offers to its exhibitors remarkable export volume by introducing the new buyers, agents, distributors, partners for the whole Morocco, Mediterranean and Africa market. The unique platform for Leather, Footwear, Bag sector provides the perfect business platform for its international exhibitors.

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Sappi joins Sustainable Apparel Coalition - strengthening its commitment to improving supply chain sustainability

Related Keywords: and manufacturers, and textile, and textile industry, and textile product sustainability performance, apparel, brands, cellulosic fibre producers, drives supply chain transparency, footwear, global brands, groundbreaking Higg Index suite of tools in 2011, Higg Index, improving supply chain sustainability, natural fibre, nonprofits/ NGOs, paper, product sustainability, promoting transparent supply chains, renewable natural resource—woodfibre, retailers, Sappi Limited, service providers, suppliers, supply chain, Sustainable Apparel Coalition, sustainable dissolving wood pulp, sustainable products, sustainably managed forests, textiles industry, Trade associations, viscose fibre, wood pulp and paper-based solutions

Boston
Summary: 
Sappi Limited is pleased to announce that it has joined the Sustainable Apparel Coalition (SAC) and will use the group's sustainability measurement suite of tools, the Higg Index, to drive environmental and social responsibility throughout its supply chain. With its membership in the SAC, Sappi joins more than 240 global brands, retailers, and manufacturers, as well as government, non-profit environmental organizations, and academic institutions, which are collectively committed to improving supply chain sustainability in the apparel, footwear, and textile industry.

Sappi Limited is pleased to announce that it has joined the Sustainable Apparel Coalition (SAC) and will use the group's sustainability measurement suite of tools, the Higg Index, to drive environmental and social responsibility throughout its supply chain. With its membership in the SAC, Sappi joins more than 240 global brands, retailers, and manufacturers, as well as government, non-profit environmental organizations, and academic institutions, which are collectively committed to improving supply chain sustainability in the apparel, footwear, and textile industry.

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Jeanologia joins sustainable apparel coalition

Related Keywords: and manufacturers, and textile industry, apparel, footwear, global brands, Jeanologia, retailers, Sustainable Apparel Coalition, Textile Industry, textile manufacturing process

Valencia
Summary: 
Jeanologia joins more than 220 global brands, retailers, and manufacturers, as well as government, non-profit environmental organizations, and academic institutions, which are collectively committed to improving supply chain sustainability in the textile industry. The company leads the transformation of the textile industry with disruptive technologies which guarantee ZERO contamination.

Jeanologia joins more than 220 global brands, retailers, and manufacturers, as well as government, non-profit environmental organizations, and academic institutions, which are collectively committed to improving supply chain sustainability in the textile industry. The company leads the transformation of the textile industry with disruptive technologies which guarantee ZERO contamination.

Being part of the SAC the company has the opportunity to strength its compromise with the environment and people, and participate in setting up the rules for a real change.

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Macron joins up with Centric Software

Related Keywords: fashion, fashion company, footwear, luxury and consumer goods, multi-brand stores, outdoor, retail, sportswear, technical apparel

Campbell
Summary: 
Chris Groves, President and CEO of Centric Software said, "We are very pleased to welcome Macron as our latest partner," Also, "Macron’s meteoric rise in the world of team sportswear has seen them challenge large, established sports brands in Europe and around the world. We’re looking forward to working with Macron to support their continued growth with a strong digital platform."

Chris Groves, President and CEO of Centric Software said, "We are very pleased to welcome Macron as our latest partner," Also, "Macron’s meteoric rise in the world of team sportswear has seen them challenge large, established sports brands in Europe and around the world. We’re looking forward to working with Macron to support their continued growth with a strong digital platform."

Macron retails in over 140 own-brand stores and 800 multi-brand stores worldwide.

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