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low profitability
2022-03-09 08:24:50
Textile finishing solution Novaraâ„¢ claims to reduce energy cost by 85%
Alchemie Technology, based in Cambridge, UK claims that its new Novara precision digital finishing system may help European textile producers save more than €1 million a year and return to
2021-11-08 12:32:26
Indorama Ventures issues a sustainability-linked bond worth THB 10 billion
Indorama Ventures Public Firm Limited (IVL), announced the issuance of a THB 10 billion triple-tranche Sustainability-Linked Bond (SLB), demonstrating the company's long-term commitment to long-term
2021-08-20 07:16:11
Browzwear secures US$35m to help combat fashion waste
Browzwear, a provider of digital solutions for the fashion industry, has secured US$35 million in investment from Radian Capital, which will be used to further develop its 3D design technology in
2021-08-05 11:08:36
UKFT to design & pilot new supply chain platform to drive sustainability & transparency
The UK Fashion and Textile Association (UKFT) is designing, prototyping, and testing a new technology platform with technology companies like IBM, Tech Data, and the Future Fashion Factory to assist
2021-06-16 09:43:10
Ralph Lauren pledges to reach net-zero emissions by 2040
Ralph Lauren Corp. announced that by 2040, it aims to have net-zero global greenhouse gas (GHG) emissions from its operations and value chain. In addition, the firm released a comprehensive Net Zero
2020-06-01 11:25:01
ELG’s Q1 results impacted by the lockdown
"We are all facing a lively and unprecedented scenario on account of the COVID-19 outbreak, which began in Wuhan, China, and in the first quarter of 2020 affected nearly the whole world. The imposed
2020-03-09 10:00:08
Autoneum's revenue rises but the company still in loss
In 2019, Autoneum grew organically by 2.5% and has thereby significantly outperformed the declining market. In Swiss francs, revenue rose slightly to CHF 2 297.4 million. However, operational
2019-12-20 08:14:51
Fashion brands eluding retailers to construct new supply chain
Fashion brands have had a rough run the past years with record levels of retailer closings that have dwindled their customer base. Continuing downward industry trends and ever-increasing cost
2019-10-01 15:40:00
Lectra supports the growth in Asia
Lectra unveiled its flagship Industry 4.0 solutions for Asia — Fashion On Demand by Lectra and Furniture On Demand by Lectra — as well as the new VectorAutomotive iP9 fabric-cutting solution for
2019-09-09 10:10:00
US profits hurt by cheap foreign polyester
A major U.S. consumer of RPET enjoyed higher sales figures but suffered significantly lower net income last fiscal year. One reason was cheap polyester imports from China and India. Unifi, which
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