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Circ closes 25 million dollar funding round, plots first industrial-scale recycling plant

Textile-to-textile recycler Circ has secured a 25 million dollar funding round led by investment and asset management firm Taranis. In a release, the US-based company said that the financing, as well as the expertise of its new partner, would help in its “transition from demonstration-scale to industrial-scale production”. Alongside Taranis,...

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Mango slows growth, but sees profits soar by 27 percent at the close of 2024

Spanish multinational fashion company Mango has reported its results for the latest financial year, 2024. The year saw a new all-time high in terms of both sales and profits, with sales of over 3.3 billion euros and net profits of 219 million euros. Based on information provided by the company founded by Isak Andic, and in what are the first...

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Highlights from Paris Women's Fashion Week

Ahead of the end of Paris Women's Fashion Week on Tuesday, AFP picks highlights from some of the smaller designer shows and their Fall/Winter collections: Zomer flips the script For their fourth collection --the third presented in Paris --the creative duo behind Paris-based Zomer delivered a show in rewind mode at the Palais de Tokyo art space....

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Jil Sander names Simone Bellotti as new creative director

Jil Sander has appointed a new creative director, swiftly filling the vacancy left by Lucie and Luke Meier. Barely two weeks after Lucie and Luke Meier's departure, Simone Bellotti has been named as their successor. The news was announced by Jil Sander's parent company, OTB Group. Bellotti recently served as creative director at Bally. His...