Archive: December 2021

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New production facility for fabrics and knitwear in Ukraine

TK-Domashniy Tekstyl, a subsidiary of Tekstil-Kontakt, one of Ukraine’s largest textile producers, has commissioned a new production facility for woven fabrics and knitwear in Odessa.

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Thailand's Central Group in Selfridges takeover

Thailand’s Central Group and Austrian real estate and retail company Signa Group have partnered to buy the Selfridges department store group under a 50/50 partnership.

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Bulgarian fashion brand growing during pandemic

The Bulgarian fashion brand Gizda, which like its name means “beautiful, well-dressed”, has ambitions to offer stunning, avant-garde women’s clothing.

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Cambodia's clothing sector ‘needs to modernise’ to compete

With more than 500 factories across Cambodia, there have been growing calls for the country's apparel sector to modernise or lose out to its global...

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Melon Fashion Group IPO possible this year

Russia’s Melon Fashion Group has selected several banking groups, including Sberbank CIB, VTB Capital, Goldman Sachs and Bank of America, to help organise its initial...

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NanoTextile boosts functional clothing business

For the fourth quarter of 2021, Kuala Lumpur, Malaysia-based NanoTextile reported year-on-year revenue growth of more than 200%.

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Fashion studio builds Roma cultural prestige

A fashion studio in Hungary is challenging the centuries-old stereotypes faced by the country’s Roma minority, a historically marginalised group.

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Vietnamese clothing maker reduces fabric waste with AI-based system

Vietnamese clothing maker Duc Hanh Garment has reduced its fabric waste by almost 2% since it started using an artificial intelligence based system three years...

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Jakarta Fashion Hub poised to drive creative economy

After its establishment in 2020, the Jakarta Fashion Hub collaborative space was formally inaugurated in early December.

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Lithuanian yarn producer announces capacity expansion

Danish-owned yarn producer Danspin has announced a capacity expansion at its facility in Raseiniai, Lithuania.

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