Make Fashion Circular launches the Jeans Redesign

Leading fashion brands and manufacturers are to transform the way they produce jeans, tackling waste, pollution, and the use of harmful practices, thanks to new guidelines published August 1, 2019 by the Ellen MacArthur Foundation. The Jeans Redesign Guidelines set out minimum requirements on garment durability, material health, recyclability, and traceability. Based on the principles … More Make Fashion Circular launches the Jeans Redesign

KappAhl’s independent bid committee appoints advisors

Following the public offer to shareholders of KappAhl AB (publ), submitted by Mellby Gård AB on July 29, 2019, the independent bid committee has appointed financial and legal advisors. The bid committee has appointed SEB Corporate Finance, Skandinaviska Enskilda Banken AB (“SEB”) as financial advisor and Roschier Advokatbyrå AB as legal advisor. The advisors will … More KappAhl’s independent bid committee appoints advisors

ICAC – Cotton Supply Up, Prices Down: Expectations for 2019/20 Cotton Demand are slumping

Executive Summary Highlights from the August 2019 edition of Cotton This Month: •             Optimism for a surge in global cotton demand in 2019/20 is waning. •             There was hope China and the USA would resolve their trade differences at the G20 meeting; there were no breakthroughs but talks continue. •             Prices have dropped from 99.5 … More ICAC – Cotton Supply Up, Prices Down: Expectations for 2019/20 Cotton Demand are slumping

Lectra announces the acquisition of Retviews

The two companies share the same vision for innovation in the fashion industry Lectra announces the signing of an agreement with the shareholders of the Belgium company Retviews to acquire 100% of capital and voting rights. Founded in 2017, Retviews has developed an innovative technological offer that enables fashion brands to analyze real-time market data, … More Lectra announces the acquisition of Retviews

Cybersecurity – Linchpin of the digital enterprise

This TextileFuture Newsletter has a focus on Cybersecurity. We hear of frauds with enormous effects. The feeling that an enterprise has to shut down its operations because of a successful hacker attack is usually followed that the hacker wants to have a ransome. The governments advise to never pay, but to do everything to protect … More Cybersecurity – Linchpin of the digital enterprise

Oerlikon’s Second-quarter and half-year 2019 results

Resilient performance with Group sales growth in a challenging environment. Guidance adjusted due to lack of visibility of market recovery. •             5.3 % increase in Group Q2 sales year-over-year •             Surface Solutions Segment noted lower Q2 top line and profitability due to market weakness as a result of global economic slowdown and uncertainties •             Manmade … More Oerlikon’s Second-quarter and half-year 2019 results