Shanghai's Intertextile, Yarn Expo and Chic trade events showed the local textile industry is shifting towards sustainable materials, as it strives to respond to the Chinese millennials’ new expectations.
The Finnish owner of sports brands including Salomon and Arc’teryx has placed its cycling clothing brand Mavic under strategic review in an effort to streamline its portfolio and boost growth, it announced on Thursday.
French snowsports firm Rossignol is to buy US-based Felt Bicycles that has annual sales of more than $60m, the company said on Friday. It reflects a growth trend in the cycling sector that is also impacting fashion.
The Retail Real Estate Market China trade show, to be held in Shanghai on 15th and 16th June, has already announced the attendance of some one hundred retail brands at its conferences and networking events.