Press Releases

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...

TAIPEI, Taiwan: When mentioning Taiwan's traditional manufacturing, what pops into your head may be the textile industry. As a global hub for textile manufacturing, Taiwan has undergone significant changes over the past 30 years. Two of the most important changes are the relocation of industries to China and the government's New Southbound Policy.

W...

BANGALORE, India: Strengthening its proposition for Gen-Z further, Myntra announces the launch of its Campus Ambassador program, onboarding ~500 aspiring fashion influencers from leading colleges across tier-1 and 2 cities in the country to engage deeply with its thriving cohort of Gen-Z consumers.

The Campus Ambassador program is a part of the...

‘Viva la Vida’- long live life is the Summer offering by Verb. It is an ode to living and enjoying life in its simplicity and its abundance. A tale of modern romanticism. It celebrates all moments of being alive, feeling alive.   

This collection features occasion wear in Verb's handwriting. Spirited, aesthete and unpreserved, it embodies the...

WASHINGTON, U.S.: The White House Historical Association has announced a new virtual fashion exhibit exploring overlooked designers and seamstresses for first ladies: "Glamour and Innovation: The Women Behind the Seams of Fashion at the White House." The exhibit is the result of an inaugural academic partnership with New York University's...