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Textile

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US yarn innovator Unifi's fourth quarter sales leap 114%

US yarn innovator Unifi's fourth quarter sales leap 114%

Unifi, a US-based leading innovator in recycled and synthetic yarns, has reported 114 per cent sales growth to $184.4 million in its fourth quarter (Q4) of FY21 ended on June 27, 2021, compared to the sales of $86.
Fashion
Indian textile firm Arvind Ltd hits triple digit growth in Apr-June

Indian textile firm Arvind Ltd hits triple digit growth in Apr-June

First-quarter (Q1) revenue skyrocketed 140 per cent at Arvind Limited, one of largest textile companies in India, reaching ₹1,439 crore compared to revenue of ₹599 crore in Q1 FY21.
Fashion
Japanese carbon fibre producer Teijin's Q1 sales expands to ¥226 bn

Japanese carbon fibre producer Teijin's Q1 sales expands to ¥226 bn

Teijin Ltd, a Japanese manufacturer of carbon fibre products, posted a 26.1% sales increase to ¥225.9 billion in Q1 FY21 ended on June 30, against ¥179.1 billion in the same period of FY20.
Fashion
Ex-Hermès CEO Patrick Thomas joins US faux leather maker MycoWorks

Ex-Hermès CEO Patrick Thomas joins US faux leather maker MycoWorks

MycoWorks, a US-based biomaterials company dedicated to bringing new mycelium materials to the world, has announced that Patrick Thomas will join its board of directors as an independent member.
Fashion
Autumn Editions of Intertextile Shanghai & Yarn Expo pushed to October

Autumn Editions of Intertextile Shanghai & Yarn Expo pushed to October

The Autumn Editions of Intertextile Shanghai Apparel Fabrics, Intertextile Shanghai Home Textiles and Yarn Expo have been postponed to October 9-11, 2021 due to the sudden rise of COVID-19 cases in China.
Fashion
Cotton prices in India soar as demand rises & stock depletes

Cotton prices in India soar as demand rises & stock depletes

Strong demand from the cotton market and depleting stocks in addition to 10% import duty levied on cotton have collectively caused cotton prices in India to soar.
Fashion
Poor conditions persist in Leicester garment factories - report

Poor conditions persist in Leicester garment factories - report

Exploitation of garment workers is continuing in Leicester's textile industry, a new report claims, a year after an exposé highlighted abuses in the supply chain. This is despite measures to safeguard employees.
Fashion
Shanghai to host Intertextile and Chic at end of August

Shanghai to host Intertextile and Chic at end of August

Having seen a return to almost normal levels of activity in April, Shanghai's textile and apparel trade shows will hold their next editions, with appropriate health and safety measures, from August 25 to 27.
Fashion
Nicky Zimmermann on 'The Postcard' resort 2022; opening in Cannes and making it from Australia

Nicky Zimmermann on 'The Postcard' resort 2022; opening in Cannes and making it from Australia

Australia, a country known for punching above its weight in sport, literature, cinema, media, wine and the pursuit of happiness, has tended to underperform when it comes to fashion. One major exception is Zimmermann. 
Fashion
NGO pressures Uniqlo to pay employees of liquidated former supplier

NGO pressures Uniqlo to pay employees of liquidated former supplier

Clean Clothes Campaign is pressuring Uniqlo to pay $5.5 million in salaries left unpaid by a former supplier, liquidated in 2015. The brand's parent company, Fast Retailing, denies all responsibility. 
Fashion
Bally's AW 21 campaign celebrates Swiss modernism and natural landscapes

Bally's AW 21 campaign celebrates Swiss modernism and natural landscapes

​Bally has unveiled the AW21 campaign for its Legacy Continua collection that “pays tribute to 170 years of excellence in design and leather craftsmanship since 1851”.
Fashion
Italian luxury market in transformation

Italian luxury market in transformation

Covid has forced the Italian luxury industry to step up the pace of its transformation and search for investors, as shown by Zegna announcing a forthcoming stock market listing, and L Catterton’s acquisition of Etro.
Fashion
Leather Working Group links with Textile Exchange

Leather Working Group links with Textile Exchange

The UK-based, globally-focused Leather Working Group (LWG), which provides certification for the leather manufacturing industry, has agreed to partner with Textile Exchange to grant reciprocal membership.
Fashion
BFC announces nine Changemakers finalists

BFC announces nine Changemakers finalists

The British Fashion Council has released the names of nine finalists for the recently-launched BFC Changemakers Prize. Three winners, to be chosen in September, will receive a £7,500 cash prize and mentoring package.
Fashion
Lockdown threat looms over Asian textile industry

Lockdown threat looms over Asian textile industry

While the health situation in textile manufacturing countries like Vietnam, Indonesia and Pakistan is critical, there is concern in Bangladesh about the effects an imminent lockdown would have on its textile industry.
Fashion
Woolmark Prize applications open in search for A$200k winner

Woolmark Prize applications open in search for A$200k winner

Applications for the 2021/22 International Woolmark Prize have opened as the annual prestigious award process begins in the search for outstanding fashion talent.
Fashion