Press Releases

Hamburg, Germany: To effectively promote nature conservation and biodiversity, the Aid by Trade Foundation (AbTF) announced at the second Hamburg Sustainability Conference (HSC) that it would be investing 500,000 euros in the ‘AbTF Biodiversity Fund’ to mark the foundation's 20th anniversary. Since it was established in 2005 by the entrepreneur Pro...

GREENSBORO, N.C., U.S.: Kontoor Brands, Inc. today announced that it has completed the previously announced acquisition of Helly Hansen, the global outdoor and workwear brand.

“Today marks an exciting step forward for Kontoor as we expand our portfolio of iconic consumer brands. The acquisition of Helly Hansen will increase our growth profile, drive...

Gastonia, U.S.: Champion Thread Company, a leading manufacturer and provider of industrial sewing threads, engineered yarns and other sewn products supplies, today announced its acquisition of Carolina Sales Thread, Inc., a popular regional distributor of industrial sewing threads to the needle trades. The acquisition promises to provide Carolina...

Accra, Ghana: The textile and garment sector, one of Ghana’s most strategic manufacturing segments, has been given a nudge toward renewed buoyancy. Development Bank Ghana (DBG) and the Association of Ghana Industries (AGI) brought senior policy-makers, financiers, development partners and factory owners together at Alisa Hotel, North Ridge, to...

AMSTERDAM, NETHERLANDS: Fashion for Good and Arvind Limited today announced the launch of Future Forward Factories India, an ambitious initiative with two interconnected components: developing a comprehensive blueprint for sustainable textile manufacturing and constructing a groundbreaking physical facility that brings these innovations to life...

CYPRESS, Calif., U.S.: Cross-border e-commerce has hit a regulatory wall that's driving up costs and catching retailers unprepared, according to a new analysis from ePost Global. The study of 15.6 million international shipments worth $421 million reveals that nearly three-quarters (73%) of product categories now fall into tariff-sensitive...

HONG KONG: Crystal International Group Limited ‘s denim division has been pioneering sustainable textile innovation. The division, Crystal Denim, launched a revolutionary CirClimate sustainable denim collection, designed to be climate-adaptive while advancing circular fashion. Crafted by Advance Denim using innovative biodegradable fabric made with...

Melbourne, Australia: Deakin University's Institute for Frontier Materials (IFM) has partnered with iconic fashion brand Country Road to trial a fully domestic process to transform low-grade Merino wool into high-value yarn.

The ‘Mud to Marle’ project signifies an exciting new step in Australia’s textile industry, made possible after IFM and Full...

AMSTERDAM, NETHERLANDS: The Good Fashion Fund, managed by Fount, has made an investment in Sharadha Terry Products Private Limited, a renowned Indian manufacturer and exporter of high-quality bed and bath products under the MicroCottonFount brand from Metupalayam. The 1.75 million US Dollar loan will support STPPL’ investment in set-up of their new...

Tashkent, Uzbekistan: For the first time in the history of Uzbekistan’s local business landscape, a domestic company has acquired an internationally recognized textile brand with over 140 years of history and a well-established export network across more than 40 countries. This milestone marks a significant step in developing local production...