(IN BRIEF) In this episode of the Experts in Sport podcast, host Martin Foster engages with guest Joanna Czutkowna to delve into the sustainability challenges facing the sports apparel industry. They dissect larger issues within the fashion industry, including the … Read the full press release
(IN BRIEF) Despite facing subdued demand and escalating raw material costs, the Lenzing Group, a global leader in regenerated cellulosic fibers, maintained stable revenue at EUR 2.52 billion in 2023. The company’s EBITDA surged by 25.4% to EUR 303.3 million, … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Economy, Environment, Financial, Industrial, Investment, Management, News
Tagged Financial, investment, Lenzing Group, Nico Reiner, Stephan Sielaff, sustainability
(IN BRIEF) Evonik introduces the Evonik Skin Institute, a global network of life science experts and labs aimed at bolstering support for claim-substantiated cosmetics. This initiative merges Evonik’s advanced biotech platform with a global network of evaluation labs, enhancing customer … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Chemicals, Environment, Financial, Germany, Industrial, Investment, Management, News, Science, Technology
Tagged cosmetics, Evonik, Jennifer Bourland, Skin Institute, Yann d'Hervé
(IN BRIEF) SGS has introduced a comprehensive solution to support organizations in complying with the Modernization of Cosmetics Regulation Act (MoCRA) in the United States. MoCRA, which expands the FDA’s authority over cosmetic products, imposes new requirements on manufacturers and … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Environment, Financial, Industrial, Investment, Management, News, Science, Security & Safety, Switzerland, Technology
Tagged Comprehensive Solution, MoCRA Compliance, SGS
(IN BRIEF) Beiersdorf AG, a global leader in skincare, has reported exceptional financial results for fiscal year 2023, with group sales reaching a record high of €9.5 billion, marking a significant organic increase of 10.8%. The Consumer Business Segment experienced … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Economy, Financial, Germany, Industrial, Investment, Management, News
Tagged Beiersdorf AG, Consumer Segment, Financial, investment, Vincent Warnery
(IN BRIEF) Evonik has partnered with Jland Biotech to introduce vegan collagen for cosmetic and personal care applications. Through an investment from Evonik’s Venture Capital group, the collaboration aims to meet the rising demand for sustainable collagen solutions in skincare. … Read the full press release
Posted in Apparel, Fashion & Beauty, Chemicals, Germany, Pharma & Biotech
Tagged Anti-Aging, collagen, color cosmetics, Cosmetic, Evonik, hair care, hydrating creams, Jland Biotech, Johann-Caspar Gammelin, personal care applications, skin care, skin cleansing, skincare, sun care, Vecollage™ Fortify L, vegan collagen, Vegan Society, Yann d'Hervé
(IN BRIEF) Henkel is proud to announce the launch of the third edition of the “Martha Schwarzkopf Award for Women in Science,” aimed at empowering female scientists in the field. This prestigious award, named after Martha Schwarzkopf, recognizes outstanding contributions … Read the full press release
Posted in Apparel, Fashion & Beauty, Awards, Chemicals, Germany, Science, Technology
Tagged Andrea Sättler, Astrid Kleen, Award, Emerging Talents, female researchers, female scientists, Frank Meyer, hair care, hair cosmetics, hair research, Henkel, Institute for Hair Research, International Day of Women, Martha Schwarzkopf, Martha Schwarzkopf Award, Schwarzkopf, Women in Science
(IN BRIEF) Credit Suisse AG, UBS Switzerland AG, and other Swiss banks have collectively increased their financing commitment to the Cotton, Spinning, Weaving & Garment Holding Co in Cairo, Egypt, to EUR 375 million as part of the country’s textile … Read the full press release
(НАКРАТКО) Lensa, известен търговец на оптика в Румъния, разширява присъствието си в региона, откривайки първия си магазин в България, конкретно в София. Магазинът предлага широка гама от очила и слънчеви очила на водещи марки, като Ray Ban, Police, Furla и … Read the full press release
Posted in Apparel, Fashion & Beauty, Bulgaria, Business, Healthcare, Internet & Online, News, Retail, Romania
Tagged Bulgaria Mall, Business, Carrera, Daniel Craciun, free optometric consultations, Furla, Guess, Lensa, Lucetti, new business, optical retailer, optics, optometric, Polarizen, police, Ray Ban, retailer, Tom Ford, Vogue, безплатни оптометрични консултации, България, защитата на зрението, коригиране на зрението, коригиране на зрителни затруднения, оптика, Оптометристи, оптометрични консултации, очила, Румъния, София, шоурум
(IN BRIEF) Beiersdorf has proudly earned a spot on CDP’s prestigious “Triple A List” for the second year in a row, recognizing its outstanding commitment to environmental sustainability. Among over 21,000 companies worldwide, Beiersdorf is one of only ten to … Read the full press release
(IN BRIEF) M&S Food is making an investment in value by reducing prices on over 200 products, including 65 with an average reduction of 6%. Popular items like baked beans, instant coffee, and rice are among those receiving price cuts. … Read the full press release
(IN BRIEF) Vespa, the iconic Italian scooter brand, introduces a limited-edition Vespa 946 Dragon and matching Dragon Varsity Jacket in honor of the Year of the Dragon. The Vespa 946 Dragon, produced in a limited run of 1888 units, showcases … Read the full press release
(IN BRIEF) Michelle Robertson, a long-standing employee of adidas and previously Reebok, has been appointed as an Executive Board member responsible for Global Human Resources, People, and Culture at adidas AG, effective January 1st, 2024. She has been serving in … Read the full press release
(IN BRIEF) ANDRITZ has successfully initiated operations for a new textile recycling line at Sfilacciatura Negro’s facility in Biella, Italy. This state-of-the-art tearing line is designed to process post-consumer textile waste while automatically removing hard parts. Sfilacciatura Negro, with a … Read the full press release
(IN BRIEF) Marloes van Kooten will be joining the Witt Group management team on March 1, 2024, with plans to succeed Stefanie Zühlke-Schmidt as Managing Director Purchasing on September 1, 2024, following a six-month onboarding period. Marloes brings over 30 … Read the full press release
(IN BRIEF) H&M Move and Sport Without Borders have partnered to empower young people through sports on World Children’s Day. This two-year collaboration will offer 2,500 young individuals in Sweden meaningful activities during physical education lessons, after-school programs, and school … Read the full press release
(IN BRIEF) BESTSELLER, a fashion company, and its partner SOLshare have successfully installed the first rooftop solar system on a textile supplier’s factory in Bangladesh. This initiative is part of a broader effort to reduce the environmental impact of BESTSELLER’s … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Bangladesh, BESTSELLER, Michael W. Schultze, partnership, Rooftop Solar System, SOLshare, sustainability, Textile Factory
(IN BRIEF) Marks & Spencer (M&S) and WUKA have launched the “Say Pants to the Tax” campaign, seeking to exempt period pants from the current 20% Value Added Tax (VAT). The campaign, supported by various retailers, charities, politicians, and business … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Government, Law, Society, United Kingdom
Tagged A Plastic Planet, Alexandra ‘Binky’ Felstead, Alison Thewliss MP, Autumn Statement, Bloody Good Period, Freedom4Girls, George at Asda, Janet Lindsay, knickers, Laura Charles, M&S, M&S Primark, Period pants, Ruby Raut, Sainsbury, Selaine Saxby MP, sustainable period product, TAX, Tesco, Tracey Crouch CBE MP, Victoria McKenzie-Gould, Westminster, WUKA
(IN BRIEF) Tanzanian leatherworkers from the Bulawayo Leather Cluster showcased their craftsmanship and commitment to business development at the 2023 BIO Africa Convention, a premier event for innovation and scientific advancement in Africa. The Bulawayo Leather Cluster, supported by Solidaridad’s … Read the full press release
(IN BRIEF) Boucheron, a prominent luxury jewelry brand, has expanded its High Jewelry expertise by acquiring a well-regarded workshop known for its traditional craftsmanship. Located near Place Vendôme in Paris, this strategic acquisition enhances Maison Boucheron’s production capacity for High … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, France, Investment, Management
Tagged artisans, Belter, Blondeau, Boucheron, CAD designers, Cédric Gangemi, Chanson, FG Développement, Hélène Poulit-Duquesne, High Jewelry creation, High Jewelry workshop, jewelers, jewelry, lapidaries, Maison Boucheron, Paris, Place Vendôme, polishers, setters, traditional craftsmanship, workshop
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