#Textiles & Apparel / Garment

2023-03-02

Oerlikon successfully closed acquisition of Riri; takes leadership position in luxury metalware

Oerlikon has successfully closed the acquisition of Riri, following the signing of the agreement announced on December 16, 2022.

Riri is a leading provider of coated metal accessories for the luxury fashion industry. This deal is the logical strategic next step to complement Oerlikon’s acquisition of Coeurdor in 2021. This acquisition expands Oerlikon’s foothold in the luxury market and together creates a leading platform in luxury metalware. As the demand for PVD coatings grows, Oerlikon’s leading-edge PVD technologies that provide environmentally friendly solutions will accelerate the shift of the luxury goods industry to greener PVD technology.

“The acquisition leverages Oerlikon’s core PVD coating competencies into applications in the luxury market,” said Michael Suess, Executive Chairman. “The combined expertise, cutting-edge technology and luxury market know-how make Oerlikon a market leader in this sector. We look forward to partnering with our luxury brand customers and helping them to become more sustainable.”

Renato Usoni, CEO of Riri, will lead the newly formed luxury business unit of Oerlikon as President Oerlikon Luxury. Riri will operate as a separate business within the Surface Solutions division. Its zippers and buttons will continue to use the Riri and Cobrax brands on individual products.

It may be fresh or timeless, but luxury remains luxury and you can see it all in Oerlikon Riri’s AW 25/26 collection.

When it comes to Oerlikon Luxury, we could perhaps speak of ‘polyluxury’: this business sector dedicated to high-end fashion accessories in fact contains within itself the expressive, material and technological multitudes that its brands Oerlikon Riri and Oerlikon Fineparts know how to share and expand for each collection. A heritage of innovative elegance that translates in Oerlikon Riri’s zippers and buttons collection created for the Autumn-Winter 25/26, designed to appeal to diverse generational tastes yet meeting the same high standards.

YDC 2026 names winners in Hong Kong

The Hong Kong Young Fashion Designers’ Contest 2026 (YDC) has named its winners at the conclusion of CENTRESTAGE in Hong Kong. Ten emerging local designers presented collections inspired by personal experiences and emotions, translating their ideas through distinctive tailoring, materials and craftsmanship.

Texhibition Istanbul to bring together more than 500 exhibitors for 10th edition

The 10th edition of Texhibition Istanbul Fabric and Textile Accessories Fair will take place from 9 to 11 September 2026 at Istanbul Expo Center. More than 500 exhibiting companies across five halls and 42,850 square metres will present new-season collections, materials and technologies, bringing together Türkiye’s textile production strength with an increasingly international sourcing community.

IFCO Istanbul strengthens international reach with 12,550 trade visitors

The tenth edition of Istanbul Fashion Connection (IFCO), held from 19 to 21 August 2026, attracted 12,550 trade visitors from 117 countries to the Istanbul Expo Center. More than 200 exhibitors presented collections, manufacturing expertise and sourcing solutions across womenswear, menswear, kidswear, denim, eveningwear, lingerie, hosiery, accessories and homewear.

Archroma wins ICIS Innovation Award for sulfur dye breakthrough

Archroma, a global leader in specialty chemicals, has won a coveted 2026 ICIS Innovation Award for Best Product Innovation from a Large Company for FiberColors®. These high-performance sulfur dyes are synthesized from pre-consumer wool waste, reducing industry reliance on petroleum-based inputs while contributing to the circular economy by upcycling unwanted wool that farmers would otherwise pay to dispose of.

Heberlein reinforces its commitment to the Chinese market

Heberlein, globally recognised as a leading provider of air interlacing and air texturing jets for synthetic filament yarns, is consolidating its success in the Chinese market with its APh- and APe-series for DTY applications. Particularly in the field of Air Covering, Heberlein technologies combine excellent quality with significant savings in compressed-air consumption. A new service hub in Shengze City underlines the company’s long-term commitment in the Chinese market.