Textiles & Apparel / Garment
Well frequented fabric days set a positive sign for the industry
Noticeable enthusiasm, the ideal starting point for the collection design for Autumn.Winter 21/22 and a good visitor frequency – a result with which the condensed and business-focused trade fair format as the first fabric fair after the lockdown confirms that a physical event is accepted and needed by the industry in these times.
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Cecilia Brännsten presents H&M Group's ambition for biodiversity during WWF's presentation of the Living Planet Report 2020.
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adidas today provided an update against its Creating Lasting Change Now commitments, which are focused on driving greater diversity, equality and inclusion within the company and in communities.
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DuPont™ Sorona® and Sateri’s EcoCosy® have together developed a new fabric called StretchCosy™. The fabric uses a blend of Sorona®, a partially plant-based fibre, and Sateri’s ultra-comfortable and near weightless EcoCosy® fibres to achieve a soft material that is highly stretchable, shape-retaining and, most importantly, sustainably sourced.
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The H&M group continues to accelerate its digitalisation work and announces the appointment of Alan Boehme as Chief Technology Officer (CTO). Alan Boehme will, together with Daniel Claesson, Chief Product Officer, be co-leading the new organisation Business Tech. The organisation is designed to strengthen the ability to innovate and develop the business, ensuring an improved and smoother shopping experience for customers all over the world.
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Esquel Group establishes US$500,000 endowment at the University of Hawai?i at M?noa
It is our great pleasure to announce that Esquel Group and Vice Chairman Teresa Yang have established a US$500,000 Esquel-Yang Family Distinguished Professorship at the School of Travel Industry Management (TIM School) under the Shidler College of Business of University of Hawai?i at M?noa.
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adidas successfully places two bonds in an amount of € 1 billion
adidas successfully placed two bonds in an amount of € 1 billion in total. The 4-year bond of € 500 million matures in September 2024 and has a coupon of 0.00%, while the 15-year bond of € 500 million matures in September 2035 and has a coupon of 0.625%. The bonds will be listed on the Luxemburg Stock Exchange and have denominations of € 100,000 each. The final offering was more than seven times oversubscribed.
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Textiles & Apparel / Garment
Change at the top of the adidas Supervisory Board
The Supervisory Board of adidas AG has appointed Thomas Rabe (55), Chief Executive Officer of Bertelsmann, as Chairman of the company’s Supervisory Board. He will succeed Igor Landau (76) whose Supervisory Board mandate expired after 16 successful years at the end of the Annual General Meeting on August 11, 2020.
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Inditex and IndustriALL to cooperate on garment industry recovery plan
Inditex, the leading multinational company in the garment industry that owns Zara and other high street brands, and IndustriALL Global Union, which represents 55 million industrial workers, will together support the global garment industry to recover from the crisis created by the pandemic.
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adidas nearly doubles e-com sales in challenging second quarter
“The past quarter brought unprecedented challenges for our business as large parts of the world were in lockdown. I'm grateful for the relentless and agile efforts of our teams, which enabled us to take the right actions for our consumers, our partners and the company. We addressed the challenges and went after opportunities, as reflected in our e-com business nearly doubling in Q2,” said adidas CEO Kasper Rorsted. “We are now seeing the light at the end of the tunnel as the normalization in the physical business continues, with the vast majority of our stores being operational again.”
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Textiles & Apparel / Garment
VF Corporation appoints Winnie Ma as President, Greater China
VF Corporation (NYSE: VFC), a global leader in branded lifestyle apparel, footwear and accessories, today announced the appointment of Winnie Ma to the new position of President, Greater China. She will report to Kevin Bailey, Executive Vice President & Group President, APAC and Emerging Brands.
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Hygiene Austria launches online shop for protective masks
Hygiene Austria LP GmbH has become known for its locally produced mouth-nose protective masks, FFP2 and children's masks during the COVID-19 crisis.
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Elastic, functional and uncompromisingly sustainable
Schoeller summer 2022 is devoted to COMMON FUTURES. This theme symbolizes common goals, honest innovations and sustainability for a genuine future. The manifestation at Schoeller: durable, super-comfortable and high-tech fabrics that help to preserve resources with recycled yarns, elastane and sustainable finishing technologies. Manufactured, by and large, using its own Swiss solar energy, these fabric highlights naturally all conform to the bluesign® system.
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