Better Cotton Pakistan has signed an MoU with Mahmood Group and the Central Cotton Research Institute (CCRI) to enhance the production and adoption of Better Cotton. Over the next three years, Mahmood Group will fund training for CCRI, aiming to establish it as an official Better Cotton
Vinted, Europe’s leading second-hand C2C marketplace for fashion, has successfully completed a €340 million secondary share sale, valuing the company at €5 billion. This transaction, led by TPG (NASDAQ: TPG), a prominent global alternative asset manager, acknowledges the contributions of employees and early investors to Vinted’s growth and positions the company
LVMH Group, reported its third-quarter 2024 revenue at €19.08 billion, down 3% year-over-year and below analyst expectations of €20.05 billion. Year-to-date revenue from January to September remained unchanged at €60.8 billion. Analysts noted that LVMH’s sales fell short across all segments. The fashion and leather goods division, which includes brands like Louis
At ITMA Asia + CITME, Karl Mayer’s warp preparation exhibition highlighted its commitment to sustainability and efficiency, drawing significant interest from attendees. The stand featured cutting-edge technologies, including a new generation beam warping machine capable of speeds up to 1,200 m/min, and the innovative CASCADE system, designed to significantly reduce
Pilot Knit Garment, a leading Thai sportswear manufacturer and part of Yong Udom Textile Group, has implemented Coats Digital’s FastReactPlan to streamline its production planning. This digital solution aims to improve efficiencies, enhance On-Time Delivery Performance (OTDP), and reduce lead times by integrating accurate planning and forecasting data. Established in 1986,
Rieter Group has released its financial results for the third quarter and the first nine months of 2024, revealing a mixed performance in a difficult market environment. Key Financial Highlights: Order Intake: CHF 226.4 million in Q3, totaling CHF 629.8 million for the first nine months, a substantial increase from CHF 452.2 million in the […]
Reid & Taylor, the premium menswear brand, has unveiled its latest campaign, ‘Man on a Mission,’ starring Bollywood superstar Vicky Kaushal. This initiative embodies the brand’s ethos of ambition, resilience and an unwavering commitment to excellence. The campaign celebrates men who pursue everyday missions, drawing inspiration from Vicky’s own journey from
Zhejiang Sitong New Material Technology Co., Ltd., a leading Chinese carpet yarn manufacturer, is enhancing its polyester production by commissioning a BCF S+ system from Oerlikon Neumag. This expansion allows Sitong to balance its output of polyester, polyamide and polypropylene yarns. With a total capacity of 50,000 tonnes per year, Sitong is one of Asia’s […]
Siyaram Silk Mills has unveiled its newest retail outlets as part of its strategic push to enhance direct customer engagement and offer a seamless shopping experience. The new stores will address the rising demand for fast fashion and ethnic wear, underscoring the company’s ambitious growth plans. The fast fashion outlets, branded under ZECODE, will cater […]
Adidas has released its preliminary financial report for Q3 2024, estimating revenue at €6.44 billion, slightly below analysts’ expectations of €6.45 billion. The company achieved a gross profit margin of 51.3%, surpassing the forecast of 50.5%. Operating profit stood at €598 million, exceeding the expected €558.6 million. Notably, the third-quarter results included





















