Industry News

Source: www.fibre2fashion.com

Stars Design Group, an American apparel design and manufacturing company, has announced the acquisition of New York-based INSPR, an apparel company producing limited edition collections from its community of influencers. INSPR will re-launch in the fall of 2021 with new limited edition influencer collections that will be sold through its website.

Source: www.fibre2fashion.com

Europe’s leading wardrobe rental platform Hurr has arrived exclusively on Depop, a London-based community-powered marketplace app to buy and sell unique fashion, to power the circular economy and promote mindful fashion consumption. The Loop by Hurr collection featuring a selection of pre-rented styles, has been listed on the Depop marketplace.

Source: www.fibre2fashion.com

Luxury fashion house Gucci and Italian international banking group Intesa Sanpaolo have collaborated to drive transition of supply chain towards sustainable and inclusive practices. The agreement will allow SMEs within Gucci’s supply chain to access ad hoc financing lines introduced by Intesa Sanpaolo with the S-Loan formula and inspired by ESG indicators.

Source: www.fibre2fashion.com

Luxury fashion house Gucci and Italian international banking group Intesa Sanpaolo have collaborated to drive transition of supply chain towards sustainable and inclusive practices. The agreement will allow SMEs within Gucci’s supply chain to access ad hoc financing lines introduced by Intesa Sanpaolo with the S-Loan formula and inspired by ESG indicators.

Source: www.fibre2fashion.com

Source: www.fibre2fashion.com

Facebook, Instagram and Pinterest are at the top, educating 41 per cent, 35 per cent and 21 per cent of consumers about brands respectively, according to a recent survey conducted by The NPD Group. When asked what platforms converted advertising and other content into actual purchases, 51 per cent of respondents said Facebook and Instagram content resulted in buying products.

The company recently surveyed consumers to determine how they learn about or discover fashion brands and retailers.

Source: www.fibre2fashion.com

Carrington Textiles, a UK-based leader in workwear fabric manufacturing, has introduced sustainable fabrics Hawksbill and Orca on the occasion of its 130th anniversary. Due to be launched in the coming months, the new fabrics incorporate CiCLO technology, a sustainable ingredient, which is combined with polyester at the beginning of the fibre making process.

The new fabrics are part of the textile manufacturer’s Balance Range of sustainable fabrics.

Source: www.fibre2fashion.com

UK-based fashion designer Matty Bovan has won the 2021 International Woolmark Prize as well as the Karl Lagerfeld Award for Innovation. Bovan joined fellow UK designer Edward Crutchley - who won the double back in 2019 - after a panel of industry heavyweights selected him the winner during a special virtual event held earlier this month.

Source: www.fibre2fashion.com

talian luxury fashion house Ermenegildo Zegna Group has strengthened its luxury textile division with the acquisition of the majority stake in Tessitura Ubertino, a company based in Biella, Italy that specialises in high-end fabrics for women such as tweeds and jacquards. As part of the deal, Zegna has bought 60 per cent stake in the company.

Source: www.fibre2fashion.com

Crystal group has launched a new eco denim collection, Second Life online. The collection adopts recycled denim fabrics and sustainable materials to minimise wastage and keep materials in use, achieving a circular denim business model. Headquartered in Hong Kong, is a global leader in the apparel manufacturing industry, which serves major apparel brands.