A deal has been struck to sell Bally and while we don’t know how much the deal’s worth, we do know that the Swiss brand will be controlled by one of the world’s biggest textile names, Shandong Ruyi Investment Holding.
For the first time, the international competition for young designers has allowed anybody to apply through its website. The Woolmark Company is also launching a new prize for students in a partnership with Adidas.
Patagonia launches a digital platform for environmental activism, compared by founder Yvon Chouinard to an online dating site. Patagonia Action Works links activists to environmental causes, petitions and volunteering.
Orijit Sen of the Indian craft clothing brand People Tree has accused Christian Dior of plagiarising one of its textile designs, after it appeared on the cover of this month’s Elle magazine worn by Sonam Kapoor.
Animal rights activists protested in Pyeongchang on Tuesday, adding that PETA’s campaigns over the last 15 years in Asia were gaining traction and that they had contributed to a dramatic decrease in fur sales in China.