International

Marimekko, a Finnish firm, collaborates with Origin by Ocean

Marimekko, a Finnish firm, collaborates with Origin by Ocean

Leave a Comment / International / By

Marimekko and Origin by Ocean, two Finnish companies, have teamed together in a pilot project to rethink a more environmentally friendly textile printing method. The research intends to replace synthetic chemicals and lower the amount of chemicals used in Marimekko’s printing process. A Finnish technology and material innovation business called Origin by Ocean is developing …

Marimekko, a Finnish firm, collaborates with Origin by Ocean Read More »

Puma's first-half FY23 revenues increase by 12.7%, boosted by the Asia-Pacific market

Puma’s first-half FY23 revenues increase by 12.7%, boosted by the Asia-Pacific market

Leave a Comment / International / By

Puma, a multinational sportswear company with headquarters in Germany, announced first-half (H1) fiscal 2023 (FY23) sales growth of 12.7% YoY to €4,308 million, with the Asia-Pacific and Europe, Middle East, and Africa (EMEA) regions driving the rise. The EMEA region had a growth of 25.2%, closely followed by Asia-Pacific with significant growth of 26%. In …

Puma’s first-half FY23 revenues increase by 12.7%, boosted by the Asia-Pacific market Read More »

Alarming amounts of microplastics are found worldwide in freshwater lakes

Leave a Comment / International / By

According to a recent study titled “Plastic Debris in Lakes and Reservoirs,” which was published in the scientific journal Nature, a concerning amount of microplastics have been found in freshwater lakes and watersheds all around the world. The research, led by Veronica Nava, a visiting postdoctoral fellow from the University of Milano-Bicocca in Italy at …

Alarming amounts of microplastics are found worldwide in freshwater lakes Read More »

Luxury and streetwear collaborations are changing the sportswear market globally

Leave a Comment / International / By

According to the most recent Sportswear Insights research by Launchmetrics, the major driver behind the evolution of the global sportswear business is the growing trend of collaborations between luxury and streetwear brands. Such alliances present enormous potential for companies, as evidenced by the notable Gucci x Adidas deal, which earned $96.5 million in media impact …

Luxury and streetwear collaborations are changing the sportswear market globally Read More »

H&M of Sweden introduces a Disney line featuring Trevor Andrew

Leave a Comment / International / By

In order to create the Disney100 x H&M collection, multidisciplinary artist Trevor Andrew, a former well-known professional snowboarder, teamed up with the Swedish retailer H&M. He is recognized as the creator of the GucciGhost street art tag. The collection has a laid-back vibe and features various Disney characters, all-over designs, and Andrew’s distinctive symbols, such …

H&M of Sweden introduces a Disney line featuring Trevor Andrew Read More »

The denim industry’s Kingpins and Messe Frankfurt join forces for growth

Leave a Comment / International / By

Messe Frankfurt, a leading trade fair organization, and Kingpins Show, a premier tradeshow specializing in the denim industry based in the United States, have announced a strategic partnership that will strengthen their commitment to fostering innovation, collaboration, and growth within the denim community. Messe Frankfurt’s new involvement as a shareholder in the Kingpins Show strengthens …

The denim industry’s Kingpins and Messe Frankfurt join forces for growth Read More »

France’s CPI rises by 0.2% in June 2023, owing to an increase in apparel costs

Leave a Comment / International / By

France’s consumer price index (CPI) grew by 0.2% in June 2023, following a -0.1% decrease in May. Manufactured goods prices climbed by 4.2% year on year (YoY) in June 2023, following a 4.1% increase in May. Clothing and footwear prices climbed at a faster rate than the previous month, at 4.9 percent after 2.6 percent, …

France’s CPI rises by 0.2% in June 2023, owing to an increase in apparel costs Read More »

Saudi Arabia plans to establish 59 logistics zones by 2030 and increase port capacity

Leave a Comment / International / By

Saudi Arabia has announced plans to establish 59 logistics zones and increase port capacity to more than 40 million containers by 2030. Rumaih Al Rumaih, deputy minister of transport and logistic services and acting head of the Saudi Transport General Authority, stated at a London event that the kingdom intends to be among the top …

Saudi Arabia plans to establish 59 logistics zones by 2030 and increase port capacity Read More »

According to the IMF, Asia-Pacific is predicted to provide 70% of world growth in 2023

Leave a Comment / International / By

The International Monetary Fund (IMF) forecasted a drop in global growth to 2.8% in 2023, down from 3.4% in 2022, with Asia-Pacific accounting for 70% of the increase. Manufacturing slowdown contrasts with resilient services across G20 nations and solid labor markets in advanced economies, according to high-frequency data. Meanwhile, the financial instability highlighted by stringent …

According to the IMF, Asia-Pacific is predicted to provide 70% of world growth in 2023 Read More »

EURATEX applauds advancements in Eco-design

EURATEX applauds advances in Eco-design but voices concern

Leave a Comment / International / By

The European Apparel and Textile Organization (EURATEX) has commended the European Parliament’s (EP) work on the Eco-design Regulation. However, it has raised reservations about the EP’s decision to target the textile industry in a rule intended to serve as a foundation for other industries. According to a news statement from the organization, the Eco-design Regulation …

EURATEX applauds advances in Eco-design but voices concern Read More »