Tag: news
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...
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...
Fashion
Italian Fashion Icon Valentino Garavani Passes Away at 93
Valentino Garavani, the iconic Italian designer and founder of Valentino SpA, has passed away at the age of 93 at his residence in Rome.
Born...
News
Bio-Based Textiles Set to Replace Synthetic Sports Fabrics
In a significant shift towards sustainability, traditional sports textiles made from petroleum-based synthetic fibers are expected to be replaced by innovative bio-based textiles. Polyethylene,...
Fashion
Saks Global Accesses $500M Funding Amid Bankruptcy Process
Saks Global Enterprises LLC, a key player in the luxury retail industry, has announced that it has secured access to an initial $500 million...
News
TexMat Initiative Launches Textile Deposit-Return System
A consortium from seven European nations has initiated the TexMat initiative, aimed at creating a deposit-return system for used textiles throughout Europe.
Backed by funding...
Fashion
Saks Global Files for Bankruptcy Amid Heavy Debt Crisis
Saks Global, the parent company of luxury retailer Saks Fifth Avenue, has filed for Chapter 11 bankruptcy protection due to overwhelming debt challenges. The...
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