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  • Vaccine Economy is what everyone is talking about lately in the US retail sector. As vaccinated shoppers start rushing to stores and malls, Macy’s seems to be one of the biggest gainers.The American fashion retailer, in its recently released first quarter report, distinctly stated that it has added 4.6 million new customers across all channels during the quarter.Now, that’s 23 per cent jump from what it was in 2019.Notably, out of the 4.6 million new customers, 3 million were brand new to Macy’s
  • Leading apparel retail C&A will open high-tech factory in Germany.The company has announced plans to open a state-of-the-art apparel manufacturing facility in the German city of Mönchengladbach.This unit with advance infrastructure will focus on sustainable production.C&A’s ‘Factory for Innovation in Textiles’ (FIT), due to open this Autumn, will initially focus on manufacturing jeans using the latest digital technologies in a carbon-neutral plant.As per a report ofEcotextile, C&A is
  • Karl Lagerfeld, the French fashion house, has launched its first sustainable accessories partnership with supermodel, actress, and activist Amber Valletta for spring 2021, as well as an announcement that the collaboration will be expanded for spring/summer 2022.The environmentally conscious collection is available for sale online from April 8, which includes a limited-edition K/Kushion bag made from vegan cactus leather.About the partnership, Amber Valletta says that to see it all come to life i
  • Cacto, a Mexican-American accessories brand that claims to be the first carbon-negative apparel company in the Americas, believes that carbon neutrality is no longer enough.Cacto makes organic accessories out of cactus leather and has teamed up with On A Mission, a Swiss nonprofit organization that has tracked and reduced 150% of the company's CO2 emissions through sustainable reforestation around the world.According to Cacto, the assessment and offsetting phase will take place every six mon
  • Bergamo-based Italian multinational RadiciGroup collaborated with the high-end hosiery brand Oroblù owned by CSP International to manufacture the first Oroblù-branded tights made in Italy from recycled PET bottles.Both firms, who are known for their creativity and sustainability and are icons of Italian success, wanted to merge their expertise to produce a high-performance, trendy, and environmentally sustainable product.Repetable, a modern RadiciGroup polyester yarn derived from post-consumer r
  • The Cato Corporation, a US-based retailer of women's fashions and accessories, reported 114 per cent sales growth to $211.2 million in its first quarter (Q1) FY21 ended on May 1, 2021, compared to the sales of $98.8 million in the corresponding quarter of previous fiscal. The company’s net income for Q1 was $20.7 million (Q1 FY20: loss $28.4 million).“We remain cautiously optimistic about the remainder of the year as we see customer traffic improve, states continue to lift capacity limits as
  • TORONTO - Sustainable fashion and biotechnology startup Alt Tex - which seeks to turn food waste into a plastic-free alternative to polyester - has raised CAN$1.5 million (US$1.24m) in a pre-seed funding round.The company aims to use a novel chemical processing to ferment a polyester-like biofibre from post-industrial food waste to create woven and non-woven textiles for apparel.The funding round was co-led by Garage Capital and Amplify Capital, with participation from Globalive Capital, Panache
  • The TJX Companies, a US-based off-price apparel and home fashions retailer, posted 129 per cent sales growth to $10.0 billion in its first quarter (Q1) FY22 ended on May 1, 2021, compared to the sales of $4.4 billion in the corresponding period of previous fiscal. The company’s net income for the quarter rose to $533.9 million (Q1 FY21: loss $887.5 million).“Once again, we saw phenomenal performance in our home businesses across all of our divisions. We also saw strong open-only comp store sales
  • In the textile industry, it might well be a unique idea. One of the world’s leading machinery suppliers has just launched its new website – in which the company’s renowned technology is firmly relegated to a back seat. Instead, Jakob Müller Group is offering a fresh and innovative web experience, which sets out its priorities with total clarity.Figure: Start page of the new Jakob Müller Group website.Jakob Müller is known worldwide as a manufacturer of systems and solutions for narrow fabric pro
  • The2021 Brit Awardswere a triumph in many ways, with 4,000 maskless people gathered together in the O2 for the first major cultural event in Britain in more than a year. Over the course of the evening,Arlo Parksscooped Breakthrough Artist, The Weeknd received a personal tribute from Michelle Obama, and Little Mix made history as the only girl band ever to be recognised in the Best British Group category. Perhaps the biggest winner of the night, however? Taylor Swift, who scooped the Brits’s Glob
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