Tag: apparel
Apparel
ANTA Sports Acquires 29.06% Stake in Puma for €1.5bn
ANTA Sports has finalized an agreement to acquire a 29.06% stake in Puma from Groupe Artémis, the investment firm of the Pinault family, in...
Apparel
Carrefour Introduces Clear Fashion App for Clothing Labels
Carrefour is initiating a project that employs the Clear Fashion app to improve transparency in clothing sales. This effort aligns with a nationwide initiative...
Fashion
France Targets Ultra-Fast Fashion with Penalty Tax Plan
France's Ministry of Ecological Transition has tasked the textile recycling organization Refashion with developing a penalty tax plan aimed at ultra-fast fashion brands, including...
Apparel
Next To Acquire Russell & Bromley for £2.5 Million
UK clothing retailer Next has officially announced its acquisition of the heritage footwear brand Russell & Bromley for £2.5 million ($3.35 million). The company...
News
Komar Partners with GreenStitch for Sustainability Initiative
US-based apparel company Komar has joined forces with GreenStitch, an AI-driven sustainability intelligence platform, to launch the Supply Chain Sustainability Scorecard Digitalisation Project.
This collaborative...
Sustainability
Recycled Textiles: How Fashion Waste Becomes New Fabrics
Every year, 92 million tonnes of textile waste enters landfills and incinerators globally, with projections reaching 134 million tonnes by 2030. This staggering volume...
News
Indonesia Plans to Revive Textile Sector with New Initiative
Coordinating Minister for Economic Affairs Airlangga Hartarto revealed on January 14 that the Indonesian government is set to initiate significant developments following discussions with...
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