Sustainability

Textile Exchange Adds Forests, Air Pollution To Impact Tool

Textile Exchange has announced the addition of forests and air pollution risk categories to its Materials Impact Explorer (MIE) tool, along with a new material category – manmade cellulosic fibres (MMCF). The MIE tool is designed for brands, retailers and suppliers to assess potential impacts and dependencies at the raw material country of origin level, […]
Financial Results

Inditex Q12024: Strong Operating Performance

Inditex’s robust operating performance in Q12024 is attributed to the creativity of its teams and the effective execution of its integrated business model. The Spring/Summer collections were well received, leading to a 7.1% sales increase, reaching €8.2 billion. Sales in constant currency grew by 10.6%. Gross profit rose by 7.3% to €4.9 billion, with a […]
Industry

Schützen Named Top 5 Finalist In Sustainable Textiles Innovation

The International Sustainable Chemistry Collaborative Centre (ISC3) has announced the finalists for its 5th Innovation Challenge in Sustainable Chemistry and Textiles, with Schützen Chemical Group from India making it to the list of top 5 global finalists. Selected from a competitive field of global applicants, these finalists represent cutting-edge innovations driving
Corporates

Indorama Ventures Names New Leaders For CPET Segment

Indorama Ventures Public Company Ltd, a global leader in sustainable chemicals, has announced new leadership appointments for its Combined PET (CPET) segment. Effective July 1, 2024, Yashovardhan Lohia will assume the role of Executive President of Petchem Special Projects. Concurrently, Muthukumar Paramasivam and Kumar Sambhaw Ladha have been appointed as Co-Presidents of
Apparel, Fashion, Retail

Bewakoof: From Humble Beginnings To Major Milestones

In 2011, Prabhkiran Singh, founder and CEO of Bewakoof, got on a journey that would eventually redefine his brand’s trajectory. Armed with persistence and a vision, Singh tirelessly approached shopkeepers, seeking shelf space for his fledgling brand. From Galleria Market in Powai to Heera Panna Mall in Worli to Colaba, his efforts were relentless. Despite […]