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China tells Alibaba, Tencent to open platforms up to each other

China tells Alibaba, Tencent to open platforms up to each other

China's industry ministry has told technology companies including Alibaba Group Ltd and Tencent Holdings Ltd to stop blocking each other's website links from their platforms.
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BFC names three 'Changemakers' prize winners

BFC names three 'Changemakers' prize winners

John Hickling, Cyndia Harvey and Andrew Kenny. These are the three winners of the British Fashion Council (BFC) ‘Changemakers Prize in Partnership with Swarovski’, chosen out of over 500 entrants.
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Stefan Doboczky to step down as CEO of Lenzing

Stefan Doboczky to step down as CEO of Lenzing

CEO Stefan Doboczky has told the Austrian textiles group's board of directors he does not intend to renew his contract with Lenzing AG in 2022.
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Natural fur: What does Furmark global certification mean?

Natural fur: What does Furmark global certification mean?

The International Fur Federation has developed a global certification program called Furmark, guaranteeing "animal welfare and environmental standards" for natural fur.
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Shandong Ruyi's struggles continued in H1

Shandong Ruyi's struggles continued in H1

​Shandong Ruyi, the Chinese group that owns a raft of European brands, continued to struggle in H1. Turnover fell 20.43% with the clothing category down 44.67% and the share of revenue it accounted for dropping sharply.
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Turkey's textile industry keen to show Europe its green credentials

Turkey's textile industry keen to show Europe its green credentials

The Turkish association of apparel and textile raw materials exporters (ITHIB) presented this summer a ‘Sustainability Action Plan’ designed to align local producers with the expectations of western apparel brands.
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Retailers and unions extend legally-binding worker safety accord in Bangladesh - sources

Retailers and unions extend legally-binding worker safety accord in Bangladesh - sources

Major global retailers agreed to extend a legal agreement with garment workers and factory owners in Bangladesh that subjects retailers to legal actions if their factories fail to meet labour safety standards.
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Tumi launches exclusive travel collection with Missoni

Tumi launches exclusive travel collection with Missoni

Tumi announced on Thursday that it is teaming up with the Italian luxury brand, Missoni, to offer a travel-inspired collection rooted in style and durability. 
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Luxury industry: China reshuffles the deck

Luxury industry: China reshuffles the deck

After taking a plunge last week following the announcement of China’s wealth redistribution plan, share prices for the leading luxury groups made up some ground earlier this week, though uncertainty lingers.
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Deciem's Nicola Kilner: The Ordinary born out of frustration, industry rife with misleading ads

Deciem's Nicola Kilner: The Ordinary born out of frustration, industry rife with misleading ads

Now 76% owned by Estée Lauder, the Deciem Beauty Group, proprietor of skincare brands The Ordinary and Niod, continues to expand in Europe. FashionNetwork.com has interviewed Nicola Kilner, CEO of the Deciem group.
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Chanel acquires Italian knitwear business Paima

Chanel acquires Italian knitwear business Paima

Luxury brand Chanel has acquired a majority stake in Italian knitwear factory and one of its long-time suppliers Paima. This brings Chanel’s total acquisitions in Italy over the past year to four.
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The North Face and Spinnova team up for textile partnership

The North Face and Spinnova team up for textile partnership

The North Face announced on Friday a partnership with sustainable textile material company Spinnova to develop new sustainable, high-performance textiles for the outdoor apparel category.
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A third of Vietnam's textile-garment operations on hold due to COVID-19

A third of Vietnam's textile-garment operations on hold due to COVID-19

Around 30-35 per cent of textile and garment factories in Vietnam have closed due to the COVID-19 pandemic, according to the Vietnam Textile and Apparel Association (VITAS).
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US yarn innovator Unifi's fourth quarter sales leap 114%

US yarn innovator Unifi's fourth quarter sales leap 114%

Unifi, a US-based leading innovator in recycled and synthetic yarns, has reported 114 per cent sales growth to $184.4 million in its fourth quarter (Q4) of FY21 ended on June 27, 2021, compared to the sales of $86.
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Indian textile firm Arvind Ltd hits triple digit growth in Apr-June

Indian textile firm Arvind Ltd hits triple digit growth in Apr-June

First-quarter (Q1) revenue skyrocketed 140 per cent at Arvind Limited, one of largest textile companies in India, reaching ₹1,439 crore compared to revenue of ₹599 crore in Q1 FY21.
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Japanese carbon fibre producer Teijin's Q1 sales expands to ¥226 bn

Japanese carbon fibre producer Teijin's Q1 sales expands to ¥226 bn

Teijin Ltd, a Japanese manufacturer of carbon fibre products, posted a 26.1% sales increase to ¥225.9 billion in Q1 FY21 ended on June 30, against ¥179.1 billion in the same period of FY20.
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