latest fashion trends news

30th Jan 2024

India’s textiles ministry and the Andhra Pradesh government hosted a National Conference on Technical Textiles in Vijayawada. It featured discussions on sustainability, circular economy, and infrastructure applications in agrotextiles and geotextiles. Attendees included industry leaders, scientists, and officials like Rajeev Saxena, G Amarnath and...

29th Jan 2024

Hexcel Corporation reported a 13.4 per cent sales increase in FY23, reaching $1,789 million. The company’s gross margin improved to 24.2 per cent, with adjusted operating income at $216.7 million in FY23. In the fourth quarter of FY23, sales were $457.5 million, with a gross margin of 22.5 per cent. Q4 adjusted operating income was $49.1 million.

25th Jan 2024

Italian companies Ohoskin and Recarbon are collaborating to create a sustainable material for automotive, marine, and furniture industries. The material combines Ohoskin's leather alternative made from orange and cactus byproducts with Recarbon's recycled carbon fibre. The resulting product is expected to be high-resistance, lightweight, and...

25th Jan 2024

Accrol has successfully acquired Severn Delta Limited, a wet wipe and tumble dryer sheet manufacturer, for less than 3x EBITDA before synergies. The move aligns with Accrol's strategy to diversify its household product offerings through strategic acquisitions. Severn Delta's capabilities and capacity will strengthen Accrol's wet wipe segment.

25th Jan 2024

Kimberly-Clark reported a 1 per cent sales increase to $20.4 billion in FY23, with a 5 per cent rise in organic sales. Gross margin improved to 34.4 per cent, and adjusted operating profit grew to $2.96 billion. FY23 EPS was $5.21, with adjusted EPS at $6.57. Q4 net sales were $5 billion, with a 34.9 per cent gross margin and a slight decrease in ...

24th Jan 2024

P&G reports a 3 per cent increase in Q2 FY24 net sales, reaching $21.4 billion. Organic sales rose by 4 per cent, but diluted net earnings per share decreased by 12 per cent to $1.40. Core net earnings per share grew by 16 per cent to $1.84. Gross margin improved by 520 basis points. The company achieved net earnings of $3.5 billion in Q2 FY24.

24th Jan 2024

Autoneum experienced a substantial 27.6 per cent increase in consolidated revenue in Swiss francs for 2023, attributed to the acquisition of Borgers Automotive and a favourable market environment. Consolidated revenue reached CHF 2,302.3 million, with organic growth at 7.2 per cent. Europe and North America also saw significant revenue rises.

23rd Jan 2024

Yonex Co, the sporting goods manufacturer, has chosen Mitsui Chemicals Asahi Life Materials Co's Ecorise PLA spunbond nonwoven for packaging its tennis racquets, aligning with its eco-friendly practices. The switch from nylon cases to Ecorise packaging, featuring embossed Yonex logos and utilising ultrasonic welding, enhances sustainability.

23rd Jan 2024

Henkel inaugurated its largest Asia-based R&D centre in Shanghai, investing approximately 100 million RMB. The centre aims to attract top scientific talent and enhance local R&D capabilities in hair and laundry & home care. This state-of-the-art facility supports agile product innovations based on regional consumer habits across eleven Asian...