Value Chain - Suppliers

  • SHEIN_LOGO
    Article

    Shein considers supply chain as a service

    2024-03-28T06:07:00Z

    Shein seeks to package its method of “small-batch, on-demand production” and sell it as a service to other brands and designers. So reads a letter to its investors that the Wall Street Journal (WSJ) says it has reviewed. Although founded in China, the fast-fashion brand now operates out of Singapore, ...

  • Under Armour
    News briefs

    Celanese and Under Armour develop new stretch fabric

    2024-01-23T13:48:00Z

    Source: Under Armour At the Fiber Spinning Lab at The Nonwovens Institute, NC State University Celanese and Under Armour have joined forces to introduce a groundbreaking performance stretch fabric named Neolast. This material is poised to offer the industry a superior alternative to elastane, commonly known as ...

  • TrusTrace Horizontal Raw Refined PRoduct Trace
    News briefs

    TrusTrace releases a second industry playbook featuring Asics

    2023-07-05T00:02:00Z

    TrusTrace has released its second industry playbook, The Traceability Roadmap: A practical, step-by-step guide to implementing traceability in supply chains. With the free Traceability Roadmap, businesses can find out how to define needs, set goals, outcomes, success indicators, and return on investment to ensure cross-functional buy-in. The ...

  • european-commission-logo
    Article

    H&M increases pressure on EU with open letter on delayed REACH revision

    2023-03-30T13:16:00Z

    Fashion giant H&M Group has sent a letter to EU authorities calling for more progressive chemicals legislation, particularly in relation to the upcoming revision of the Registration, Evaluation, Authorisation and Restriction of Chemicals (REACH) regulation. The paper contains three demands to improve chemicals policy in the European Union: An ambitious ...

  • YKK_logo
    News briefs

    YKK is a leader in supplier engagement, increases environmental efforts

    2023-03-16T13:42:00Z

    Japanese YKK Corporation has been selected as a “supplier engagement leader,” the highest score on the 2022 Supplier Engagement Report (SER) from CDP for the first time. CDP is an international environmental non-profit focused on measuring and reporting companies’ environmental impact (it also published a global supply chain report and ...

  • YKK_New_Logo_2023
    News briefs

    YKK with new company logo and more

    2023-03-02T14:34:00Z

    Japanese accessories specialist YKK has introduced its new corporate logo and brand motto. The company has gone through a restructuring of its business in April 2021, sharpening its focus on the fastening business, which includes zippers, snaps and buttons. According to the company, a website dedicated to the new corporate ...

  • Hummel Pakistan
    News briefs

    Hummel takes new steps to protect textile workers in Pakistan

    2023-02-16T13:49:00Z

    Danish sportswear brand Hummel has taken a step forward in its commitment to worker safety by signing the Pakistan Accord. The initiative, which is part of the expanded International Accord for Health and Safety in the Textile Industry, of which Hummel is already a member, aims to ensure a safe ...

  • Padel Galis
    News briefs

    Valencian firm aligns with PPA

    2023-02-08T09:13:00Z

    Already the official court provider for the World Padel Tour (WPT), Padel Galis has struck a deal to become the first official supplier of courts and grass to the Professional Padel Association (PPA), according to CMDsport. The deal’s terms will give professional players a say in the official court’s design. ...

  • China - Shanghai - Hanny Naibaho - Unsplash
    News briefs

    China eases Covid restrictions

    2022-12-08T12:23:00Z

    China announced a general relaxation of Covid-19 health rules, authorizing patients with mild symptoms and for asymptomatic cases to quarantine at home. Previously, such cases were sent to mass quarantine centers. The National Health Commission also indicated that negative PCR test results would no longer be needed for domestic travel ...

  • OLT_Cirql_JuanCutina
    News briefs

    OrthoLite Cirql names sales director in Ho Chi Minh City, Vietnam

    2022-11-22T08:59:00Z

    Source: OrthoLite Juan Cutina U.S.-based insole specialist OrthoLite has introduced Juan Cutina as sales director for its recently launched OrthoLite Cirql division. Cirql – an EVA foam that is plastic-free, recyclable, biodegradable and industrially compostable – is a patented solution for footwear that helps brands and factories ...

  • Hyosung_Logo
    News briefs

    Hyosung TNC commercializes bio-based spandex

    2022-08-18T05:58:00Z

    South Korean company Hyosung TNC reports success in extracting spandex from corn and commercializing the world’s first bio-based spandex. The bio-derived material, Creora bio-based, uses a natural material extracted from corn instead of coal. The material is certified by the U.S. Department of Agriculture and received the Eco Product Mark, ...

  • Archroma_Huntsman_Logos
    Article

    Archroma takes over Textile Effects business from Huntsman

    2022-08-10T10:15:00Z

    The Swiss chemical solutions company Archroma (part of the U.S.-based investment firm SK Capital Partners) has entered into a definitive agreement to acquire the Textile Effects business from Huntsman Corporation. Huntsman Textile Effects was in the OIC news lately for its new PFC-free water repellent. The total enterprise value of ...

  • Bildschirmfoto 2022-08-05 um 11.17.52
    News briefs

    Adidas supplier NTX closes $200 million funding round

    2022-08-05T14:24:00Z

    The textile technology company NTX, based in Singapore and Shanghai, has completed the funding of nearly $200 million in a C2 financing round led by Centurium Capital, with additional contributions from existing shareholder NRL Capital. Index Capital served as the exclusive financial advisor. According to a company release, the funding ...

  • Functional_Fabric_Fair_Logos_Three-Cities_ALL-CITIES_webready
    Article

    Strong start of the Functional Fabric Fair in New York

    2022-08-05T09:16:00Z

    Functional Fabric Fair New York – powered by Performance Days® is a trade-exclusive event showcasing the latest trends in fabric development for the functional textile industry and provides a suitable marketplace in the U.S. for sourcing high-performance functional fabrics and accessories. On July 19-20, for the first time in three ...

  • SmartPadel_Playtomic_Logo
    Article

    Pádel meets domotics

    2022-07-27T08:04:00Z

    Smart Padel Automation has established a (non-exclusive) partnership with Playtomic to deliver a package of services that could render pádel clubs all but automatic and relieve them of the need for staff. Established in January and headquartered in Madrid, Smart Padel derives its tech from a ten-year-old Galician company called ...

  • Coats Texon
    Article

    Coats acquires Texon

    2022-07-12T07:25:00Z

    Coats Group, a U.K.-based manufacturer of industrial yarns, has reached a definitive agreement to acquire Texon, a supplier of components and materials for footwear, accessories and apparel for Nike, Adidas and other brands, for an enterprise value of $237 million and a total cash value of $211 million after deductions ...

  • TheLycraCo_rgb
    Article

    The Lycra Company announces new ownership

    2022-06-29T09:24:00Z

    A group of financial institutions, including Lindeman Asia and Lindeman Partners Asset Management, has assumed full capital control of The Lycra Company.

  • YKK_logo
    News briefs

    YKK adds WaveOn to its software partner’s list for Touchlink fasteners

    2022-04-01T13:29:00Z

    YKK has announced that the California-based software service provider WaveOn is joining its network of software partners supporting the YKK’s Touchlink fasteners enabled with Near Field Communication (NFC) technology. WaveOn looks to combine its software with the Touchlink hardware to help brand customers create a digital access point that can ...

  • Stella Holdings_Logo
    News briefs

    Stella will produce more in Indonesia

    2022-03-21T07:18:00Z

    While starting up its new shoe manufacturing facility in Solo, Indonesia, Stella International Holdings Limited is already planning to add a second factory to make 15 million pairs a year in the country, following a $120 million investment from its largest client, which represented 34 percent of its revenues last ...

  • alan-veas-z1oKOZjtvVQ-unsplash
    Article

    China’s worst Covid outbreak since Wuhan is the next threat to the supply chain

    2022-03-18T10:51:00Z

    Even before the initial problems caused by the pandemic could be solved, the war in Ukraine created new ones. And now, despite all precautions, the Omicron BA mutant of Covid-19 is spreading rapidly in China. The epicenter of infection was the northeastern province of Jilin, on the border with North ...