Press Releases

PARIS, France: For its third edition, Promincor-Lingerie Française (organisation promoting corsetry industries) and DEFI (clothing promotion and development committee) presented their new show RETROFUTUR on 19th June 2022 at the legendary Marigny Theatre in the heart of Paris. The event was a resounding success.

The ten most prestigious brands of...

LONDON, UkK.: Consumers globally are preparing to hunker down for a long financial squeeze, as the increasing cost of living and geopolitical uncertainties push them to seek financial control amid low economic confidence, according to the latest EY Future Consumer Index (FCI).

The 10th edition of the global research of 18,000 consumers, conducted...

Albuquerque, U.S.: Green Theme Technologies Inc (GTT), the global leader in waterless and PFAS-free textile finishes, provides high performance, best in class solutions to keep footwear dry. As PFAS bans accelerate across dozens of states and in several European countries, GTT is the only brand able to exceed current performance standards while...

ISTANBUL, Turkey: Infor, the industry cloud company, today announced that plastic recycler and yarn manufacturer GAMA Recycle Sustainable Technologies has selected Infor CloudSuite Industrial Enterprise. The platform is expected to help accelerate value streams and reduce lead times, as well as help GAMA expand market share and increase...

WASHINGTON, U.S.: The U.S. economy’s rate of growth is slowing, but consumers remain financially healthy and the nation is unlikely to enter into a recession during the remainder of 2022, National Retail Federation Chief Economist Jack Kleinhenz said today.

“I am not betting on an official recession in the near term, but the most recent research...

BOSTON, U.S.: Evolved By Nature, the company creating a proprietary library of Activated Silk molecules from natural silk protein, announced today it closed $120M in Series C financing, led by Teachers' Venture Growth (TVG), part of the C$242 billion Ontario Teachers' Pension Plan Board, and Senator Investment Group, with participation from...

HERZELIA, Israel: Sizer Technologies has been awarded Gold Winner in the Business & Commercial category at the Asia Smart App Awards (ASA), for its AI-powered mobile body measuring app.  The annual awards organized by The Hong Kong Wireless Technology Industry Association (WTIA), with funding support from Create Hong Kong of the Government of the...

HAIKOU, China: The evening of June 28 witnessed the launch of the four-day 2022 (2nd) Hainan Brocade and Embroidery World Culture Week in Hainan Free Trade Port of southern China. This event aims to forge the culture week into an internationally influential platform for the world brocade and embroidery culture exchange and exhibition through a...

Karachi, Pakistan: AGI Denim, one of South Asia’s leading vertical denim manufacturers, has announced Wednesday its certification as a B Corporation. It is now the first company to become B Corp certified in the country and joins a group of companies reinventing business by pursuing purpose as well as profit. AGI Denim has been certified by B Lab...

The board of directors of H & M Hennes & Mauritz AB has decided to utilise the authorisation granted by the 2022 annual general meeting to acquire the company’s own B shares in order to transfer capital to the shareholders and adjust the company’s capital structure.

The share buyback programme will be carried out in accordance with the EU Market...