German outdoor footwear brand Lowa has announced that it has acquired one of its most important suppliers. Slovakia-based Riko Sport has been making shoes for the brand since 1992.
Riko employs approximately 1,900 people in Italy and Slovakia. The addition of these jobs will bring Lowa’s total workforce to more than 2,000 people.
Leading international fabric, trim and denim suppliers will present more than 400 collections featuring their preview programmes and current developments for the new Autumn/Winter 2020-2021 season at the View Premium Selection show, in Munich, this week.
Two inspiring trade fair days provide the textiles industry with a valuable insight into current material innovations, colour trends and future-oriented qualities, with which they can get a head start for planning and designing new collections.
Cotton futures fell on Tuesday, as mills held off buying following a short-lived rally during the previous session and investor liquidation and a stronger U.S. dollar pressured prices.
The most-active December cotton contract on ICE Futures U.S. edged down 0.82 cent, or 1 percent, to settle at 84.72 cents a lb.
A lack of buying from global textile mills and long liquidation from investors pushed cotton prices to the day’s losses, after they climbed 1.8 percent during the previous session as investors renewed investment in riskier assets at the start of the quarter.
China's Zhengzhou Commodity Exchange said it will promote the introduction of qualified overseas traders in the trading of cotton futures.
The exchange listed the goal in a recently-issued white paper on cotton futures.
As the world's largest producer, consumer and exporter of textile, China listed cotton futures on the exchange in June 2004 to help cotton-related enterprises hedge the price risk. Since 2004, a daily average of 144,000 lots (5 tonnes per lot) have been traded.
CLEAN IMPACT TEXTILES™ from Duvaltex represent the first Recycled Biodegradable Polyester textile for commercial interiors. It is also a step forward in establishing an advanced bi-circular economy model for textiles whereby polyester fabric, at the end of its useful life, can flow through either a biological or technical cycle.
Global sustainability initiative Fashion for Good, in collaboration with global professional service provider Accenture Strategy, has launched a new report today that for the first time explores the financial viability of circular business models in the fashion industry.
