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Myant acquires mmHg Inc. to enhance precision medicine for cardiovascular care
January 22nd, 2025
Myant Corp., a provider of chronic disease prevention through precision medicine, announced the acquisition of mmHg Inc., a digital health company specializing in remote blood pressure monitoring, cardiovascular risk reduction and chronic disease management. This acquisition expands Myant’s market reach to the USA, where mmHg has an existing customer base, including a partnership with A&D […]
President Trump announces tariff plans for Canada and Mexico
January 21st, 2025
U.S. President Donald Trump announced on Jan. 20 that he plans to impose a 25% tariff on Mexican and Canadian imports, which would take effect Feb. 1. On Jan. 21, he announced plans to impose tariffs on the European Union. His administration is currently discussing a 10% punitive duty on Chinese imports.The tariffs he imposed […]
Ekoten Textile invests in KARL MAYER tricot machines
January 21st, 2025
Ekoten Textile, a knitting manufacturer in Turkey, announced that the company is investing in Germany-based KARL MAYER to expand its warp knitting technology. Ekoten Textile is headquartered in İzmir, Turkey, and operates 245 circular knitting machines with a daily production capacity of up to 40 tonnes (44 U.S. tons) of fabric. The company serves the fashion, […]
Nature-inspired fabrics
January 20th, 2025
The collection was inspired by Müller’s travels and highlights the beauty and diversity of the natural world by presenting the scenery through several different lenses. Photo: HBF Textiles. The intersection of nature and textile design is explored in “Moments of Wander,” Christiane Müller’s fourth collection for HBF Textiles. The collection was inspired by Müller’s travels […]
METAG and SYMTECH partner to serve U.S. and Canadian markets
January 20th, 2025
METAG, a narrow weaving loom manufacturer based in Milan, Italy, and SYMTECH, a Spartanburg, S.C.-based machinery and equipment distributor for the textile industry, have formed a partnership, effective January 1, 2025. The Italy-based company's narrow weaving technology, along with SYMTECH, and its local presence in the U.S. and Canada, will offer all current and new […]
New Upstream Circularity Playbook provides a blueprint for scaling textile recycling in manufacturing countries
January 20th, 2025
Global Fashion Agenda (GFA), with support from Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) and the H&M Foundation, has launched the Upstream Circularity Playbook, now available in six languages. The comprehensive resource draws on case studies across multiple countries to provide a globally accessible, step-by-step guide for garment manufacturing regions. The Upstream Circularity Playbook draws on over 20 case studies from […]
U.S. CBP proposes new rule to strengthen enforcement, limit duty exemption for low-value shipments
January 17th, 2025
U.S. Customs and Border Protection (CBP) released a Notice of Proposed Rulemaking (NPRM) on Jan. 17 aimed at tightening the de minimis duty exemption for certain low-value shipments entering the U.S. The proposed changes would make certain products ineligible for the exemption, which currently allows goods valued at $800 or less to enter the country […]
Faircraft raises $15.8 million to accelerate development of lab-grown leather goods
January 17th, 2025
Faircraft, a Paris, France-based technology start-up that specializes in creating lab-grown leather, has announced a $15.8 million fundraising round. The round was backed by investment funds, including Kindred Ventures in the U.S.; Cap Horn in France; BPI in France; Sake Bosch in the Netherlands; Entrepreneur First in the U.K., Alliance for Impact in France and Heirloom in the U.S. This funding will enable Faircraft to […]
eVent Fabrics introduces ‘defy the elements’ tagline
January 17th, 2025
eVent® Fabrics, a waterproof and breathable fabric technologies producer based in Kansas City, Mo., announced that the company is strengthening its commitment to providing high-performance weather protection by introducing a new company tagline—“defy the elements." Intended to bridge the gap between eVent’s mission to create high-performing materials that push the boundaries of what’s possible in […]
Ross Stores donate $850,000 for disaster relief and recovery in response to California wildfires
January 16th, 2025
Ross Stores Inc., a retailer headquartered in Dublin, Calif, announced Jan. 13 that the company has pledged $850,000 of donations to local and national organizations, including the American Red Cross, United Way of Greater Los Angeles and the Los Angeles Regional Food Bank, providing disaster relief and recovery efforts associated with the California wildfires. These funds will help provide shelter, […]