In order to respond to two distinct stimuli, scientists at the University of Waterloo in Canada have created a novel smart material that is triggered by both heat and electricity. The innovative design opens up various possible uses, such as winter-appropriate apparel that heats up as you walk from the car to the workplace and …
Canadian researchers’ smart cloth reacts to heat and electricity Read More »
The parent company of upscale labels like Gucci, Yves Saint Laurent, and Bottega Veneta, French corporation Kering Group, announced a 2% year-over-year (YoY) increase in revenue to €5,077 million in the first quarter (Q1) of fiscal 2023 (FY23). Similarly, this growth is up 1% YoY, with trends improving over time. Comparatively, the directly run retail …
Nike, a well-known creator, marketer, and supplier of athletic footwear and gear, and Cognizant, a US-based global professional services firm, have announced a new partnership to modernize and support Nike’s technological operations. By the new five-year contract, Cognizant will combine several of Nike’s IT support operations and provide services to Nike in more than 230 …
Nike and Cognizant in the US have announced a new 5-year tech operations partnership Read More »
The Messe Frankfurt Texpertise Network has already reached more than 21,000 exhibitors, roughly 508,000 trade visitors, 6,250 accredited media representatives, and more than 945,000 followers on social media worldwide by 2023 with its global sustainable development goals (SDG) actions in eight countries. The SDG initiatives included podcasts, SDG information booths and picture walls, social media …
Texpertise’s worldwide SDG initiatives reach 21K exhibitors and 508K visitors Read More »
Hastens, a Swedish manufacturer of high-end beds, and MadaLuxe Group, the top luxury distributor in North America, have teamed up to establish 20 Hastens stores across the US over the following five to seven years. The residential branch of the MadaLuxe Group has already obtained leases for two stores in Texas; the first will formally …
Hastens and MadaLuxe Group collaborate to launch 20 new outlets in the US Read More »
At ITMA in Milan, Italy, from June 8–14, 2023, Weko and RotaSpray, two of the industry’s top producers of rotor spray minimum application systems for textile dyeing, finishing, coating, and moisture control, will have a booth at Hall 14, Stand B103. According to Jayanta Sanyal, head of technical sales and processes at Weko, “the global …
In June, Weko and RotaSpray will exhibit at ITMA Milan Read More »
China’s National Energy Administration (NEA) has made known its plans to encourage the high-quality development of the domestic energy sector by putting in place a series of initiatives to ensure energy security, advance the adoption of clean and low-carbon technologies, increase self-sufficiency in scientific and technological advancements, facilitate innovative institutional practices, and strengthen international cooperation. …
China’s NEA announces steps for expanding renewable energy Read More »
The Ellen MacArthur Foundation, a global nonprofit advancing the idea of a circular economy, has partnered with Tapestry, Inc., the holding company of prominent accessories and lifestyle brands Coach Kate Spade and Stuart Weitzman. Tapestry hopes to make a stronger statement about its dedication to promoting a resilient and sustainable fashion sector by joining the …
US brand Tapestry teams up with Ellen MacArthur to promote fashion circularity Read More »
The International Monetary Fund (IMF) predicts that despite the global economy’s difficulties, Asia and the Pacific will continue to be vibrant regions. The area is anticipated to provide more than 70% of worldwide growth this year, and by 2022, its development is expected to have accelerated to 4.6% from 3.8%. The demand for consumer goods …
IMF: Asia and the Pacific will propel global growth by almost 70% in 2023 Read More »
A proposal by the East African Community’s (EAC) sectoral committee on trade to increase local production by increasing the tax paid on imported clothing to the highest band will harm Kenya’s textile industry. The council requests that the standard external tariff (CET) levy on textiles be adjusted to the highest band under the EAC, 35 …
The proposed EAC sectoral council tax would impact Kenya’s textile industry Read More »