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Press Releases
The biopolymers market could grow sharply in the coming years as the absorbent hygiene products (AHPs) industry seeks to avoid legislation ...more...
Markets for cosmetotextile products will benefit from a consumer focus on beauty and wellness resulting from the COVID-19 pandemic ...more...
Innovations in cellulosic fibres derived from textile and clothing waste are poised for commercialisation in 2021 ...more...
COVID-19 pandemic spurs innovation in antiviral fabrics for medical protective clothing ...more...
Room for improving the environmental sustainability of waterproof breathable fabrics, despite progress made ...more...
 
Textiles News Headlines
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Sunday, April 11, 2021
Asos eyes GBP500m in fundraising to drive global growth  (2021-04-09)
  UK online fast fashion retailer Asos is looking to raise GBP500m (USS$686.1m) through an unsecured guaranteed convertible bond offering to help drive its global growth plans.
The Microfibre Consortium adds first third-party lab member  (2021-04-09)
  Verification, testing and certification company SGS has been approved by The Microfibre Consortium (TMC) as its first third-party laboratory member and will soon be extending its fibre fragmentation testing services beyond consortium member organisations.
Boohoo boosts sales capacity to GBP4bn with new warehouse  (2021-04-09)
  Online fast fashion retailer Boohoo is to open a new UK warehouse in Daventry in a move that will give the group a net sales capacity in excess of GBP4bn (US$5.5bn).
Levi Strauss ups H1 outlook on strong start to 2021  (2021-04-09)
  Jeans giant Levi Strauss & Co has raised its guidance for the first six months after making a strong start to the year and beating internal expectations for the first quarter. 
Sustainability scrutiny a long term challenge for apparel firms  (2021-04-09)
  Mounting scrutiny of sustainability will create long-term financial and reputational risk for many global apparel companies, a credit ratings agency says.
2021 a "critical year" for EU textile and clothing industry  (2021-04-09)
  The European Apparel and Textile Confederation (Euratex) has warned recovery from the Covid-19 crisis may be jeopardised by recent turmoil in the supply chain, including rising raw material prices and transport costs, and political turmoil in key sourcing countries.
Frasers Group now expects Covid hit to reach GBP200m  (2021-04-09)
  Frasers Group, the owner of retailers including House of Fraser, Sports Direct and Flannels, expects the impact of the Covid-19 pandemic to hit the company twice as hard as initially expected amid concerns of a potential third wave and more temporary store closures.
Top stories this week on just-style...  (2021-04-09)
  Top stories this week on just-style were dominated by the ongoing fallout from the Ever Given blockage of the Suez Canal - especially concerns about delays and container shortages impacting European garment supply chains. We also took a look at the consequences of delivery delays on contracts. Elsewhere, garment workers agreed minimum terms that would improve fashion brands' purchasing practices, and Li & Fung launched a new company to invest and operate digital ventures focused on driving sustainable consumption.
UK brands commit to Textiles 2030 circularity project  (2021-04-09)
  UK waste recycling charity WRAP will officially launch its ten-year voluntary clothing and textile waste programme later this month, which aims to slash the environmental impact of UK clothing and home fabrics through practical interventions along the entire textiles chain.
PrimaLoft launches fully recycled down alternative  (2021-04-08)
  Performance fabric specialist PrimaLoft has launched a new version of its best-selling ThermoPlume down alternative insulation that is now both 100% synthetic and made entirely out of post-consumer recycled materials.
Optitex adds Alvanon 3D avatar library to O/Cloud  (2021-04-08)
  Fashion design software developer Optitex has extended its collaboration with Alvanon to make the apparel size and fit specialist's 3D Avatar Library available to its O/Cloud users.
Fast Retailing hikes outlook after better than anticipated H1  (2021-04-08)
  Fast Retailing, the Uniqlo and Gu brand owner has seen profits jump 5.4% to JPY105.8bn (US$968m) for the half-year to February 2021.
New European benchmark for garment worker living wages  (2021-04-08)
  Labour rights group Clean Clothes Campaign (CCC) has developed a living wage benchmark for Central, East and Southeast Europe in a bid to achieve higher wages for workers in the region.
Li & Fung launches LFX digital incubator offshoot  (2021-04-08)
  Sourcing giant Li & Fung is building on its supply chain knowledge to launch a new and separate company called LFX, which will incubate, invest, and operate digital ventures focused on driving sustainable consumption.
Asos H1 profits soar as more shoppers shift online  (2021-04-08)
  Online fast fashion retailer Asos has seen its first-half profit soar thanks to an increase in its customer base, but the company remains cautious about the remainder of the year.

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