#Textiles & Apparel / Garment

2020-08-13

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.

Thomas Rabe has been a member of the adidas AG Supervisory Board since May 9, 2019, and Deputy Chairman of the Supervisory Board since this same point in time. He was appointed to the Executive Board of Bertelsmann, a global media, services and education company, as Chief Financial Officer in 2006. He has been CEO of Bertelsmann since 2012.

Thomas Rabe said: “I am very much looking forward to the task of accompanying adidas as Chairman of the Supervisory Board. I am aware that this office entails a high degree of responsibility, which I will gladly take on in the interests of shareholders, customers, consumers, employees and partners. I would like to thank Igor Landau, also on behalf of the entire Supervisory Board, for his extremely successful work. He has rendered great service to the company.”

In addition, Bodo Uebber will take over as Chairman of the Audit Committee from Herbert Kauffmann. Herbert Kauffmann will remain on the Supervisory Board until the 2021 Annual General Meeting. Ian Gallienne has been appointed as the new additional Deputy Chairman of the Supervisory Board.

The shareholders elected Christian Klein (40), CEO of SAP SE, to the Supervisory Board. He was appointed to the SAP Executive Board as Chief Operating Officer in 2018. Christian Klein had been Co-CEO of SAP SE since October 2019, and has been sole CEO of SAP SE since April 2020.

In addition, the Supervisory Board members announced that they would waive 30% of their remuneration for the current financial year due to the coronavirus crisis. Instead, the money will be donated to SOS Children’s Villages, among others.

The virtual Annual General Meeting of adidas AG took place on August 11, 2020. Further information on the Annual General Meeting is available on the company’s website: www.adidas-group.com/agm.

Responsible Textile Recovery Act of 2024 signed by Governor

Senator Josh Newman (D-Fullerton) is proud to announce that Senate Bill 707 (SB 707), the Responsible Textile Recovery Act of 2024, has been signed into law by the Governor of California, Gavin Newsom. This groundbreaking legislation establishes the country’s first Extended Producer Responsibility (EPR) textile recycling program, marking a significant step forward in the state’s efforts to combat waste and promote sustainability.

Modtissimo promotes sustainability with 28 coordinates in the Green Circle

Modtissimo is proving more and more to be a textile and clothing show that delivers the latest innovations in the area of sustainability, with the iTechStyle Green Circle being the main showcase for companies' creations. In this 60+4 edition, taking place on 12 and 13 September, 28 coordinates will be exhibited in a section organised by CITEVE and curated by Paulo Gomes.

The EU and Egypt team up to mobilise private sector investments at Investment Conference and sign a Memorandum of Understanding underpinning €1 billion in macro-financial assistance for Egypt

At the EU-Egypt Investment Conference, co-organised by the EU and the Government of Egypt on 29-30 June, the EU and Egypt are teaming up to intensify private sector investments in Egypt. They are also signing a Memorandum of Understanding (MoU) for the disbursement to Egypt of up to €1 billion in Macro-Financial Assistance.

Nike unites innovation, design and product teams to accelerate athlete-centered innovation

Nike, Jordan Brand and Converse are joining forces under a new, athlete-focused creation structure aimed at accelerating innovation and driving growth across NIKE, Inc. The new setup unites the Innovation, Design and Product teams from all three brands into a single “creation engine” that will enable greater sharing of insights, technology and manufacturing methods throughout the innovation process. This integration is part of Nike’s new Sport Offense strategy and is designed to enhance the creation of products that help athletes perform at their best.

Pioneering open-source framework shows how early innovation drives a just and net-zero fashion future

The non-profit H&M Foundation, in collaboration with Accenture, has unveiled From Signals to Systems Change, an insight report calling on the fashion industry to rethink its role in transformation. At its core is the Reimagined System Map, a pioneering open-source framework that visualises how early-stage innovation could drive a just and net-zero textile future.

KARL MAYER puts textiles centre stage

For KARL MAYER, textiles are much more than just materials – they express function, emotion and progress. And they are at the heart of its customers' activities. KARL MAYER is now focusing more than ever on its customers' needs and plans and therefore on the textiles made on its machines: WARP KNITS. At the upcoming ITMA ASIA + CITME, the company will demonstrate how textile solutions are providing new impetus in the categories of Fashion & Clothing and Technical Textiles.

DORNIER celebrates its anniversary at ITMA Asia + CITME

To mark its 75th anniversary, machine and plant manufacturer Lindauer DORNIER will be presenting the latest developments in its rapier and air-jet weaving machines at ITMA Asia + CITME in Singapore (Hall 2, Stand B401) from 28 to 31 October 2025. The focus will be on energy-efficient weaving technologies, new IoT solutions for networked textile production and systems for the series production of modern fibre composite components.

BCI warns against ‘dangerous dilution’ of EU corporate directives

The approval of the European Commission’s Omnibus I proposal by the European Parliament’s Committee on Legal Affairs, accepting controversial changes to key sustainability directives is of great concern. These changes, namely to the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CSDDD), threaten to significantly dilute business reporting and due diligence obligations.

Groz-Beckert showcases textile innovation at ITMA Asia + CITME 2025 in Singapore

From October 28 to 31, 2025, the global textile industry will gather at ITMA Asia + CITME at the Singapore Expo, where Groz-Beckert will present its latest highlights and innovations across its six product areas – Knitting, Weaving, Nonwovens, Tufting, Sewing, and Spinning – at Hall 5, Booth B301.