Barneys begins to raise financing for potential bankruptcy

By guest author Lauren Hirsch from CNBC Barneys New York is raising financing for a bankruptcy filing that could come as soon as next week, people familiar with the situation say. The company has been looking for a path to avoid bankruptcy to help cope with a liquidity crunch spurred by a rent hike at … More Barneys begins to raise financing for potential bankruptcy

Royal DSM will choose Ten Start-ups to participate in the I AM Tomorrow Challenge

By guest author Bridget O’Neal from 3D Print Royal DSM, headquartered in The Netherlands, is a global company based on science and sustainable living—with serious dedication to 3D printing also, as they realize the incredible potential such technology offers so many industries around the world. Now, they are offering an acceleration program in large-scale 3D … More Royal DSM will choose Ten Start-ups to participate in the I AM Tomorrow Challenge

ITME AFRICA 2020 – Initiating a technology revolution in Africa’s Textile Industry

TextileFuture is most pleased to let you have – as an exclusivity – the speech delivered by S. Hari Shankar, Chairman of ITME Society in the framework of ITMA 2019 in Barcelona, Spain. The ITME Society is organising ITME Africa 2020 in Addis Ababa for the first time ever. The following second item will go … More ITME AFRICA 2020 – Initiating a technology revolution in Africa’s Textile Industry

Less foreign orders for Italian textile machinery in the second quarter of 2019

Italian textile machinery orders, as elaborated by ACIMIT, the Association of Italian Textile Machinery Manufacturers, for the period from April to June 2019, fell by 19 % compared to the same period in 2018. The index orders value came in at 84 basis points (2015=100). Orders for Italian machinery manufacturers were negative in foreign markets, … More Less foreign orders for Italian textile machinery in the second quarter of 2019

IMF Executive Board initiates Selection Process for the next Managing Director

“The Executive Board of IMF, the International Monetary Fund announced on July 26, 2019 that it has adopted an open, merit-based, and transparent process for the selection of the next Managing Director, similar to the one used in recent rounds. It underscored the importance it places on the successful candidate having the requisite global standing … More IMF Executive Board initiates Selection Process for the next Managing Director