#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.

YKK receives ISPO Textrends Awards for circular innovations

YKK Corporation (Headquarters: Chiyoda-ku, Tokyo; President: Koichi Matsushima; hereafter, YKK) is pleased to announce that the ISPO Textrends judges have selected YKK's 3D Composite Puller as the Best Product in the Accessories category. They also selected YKK’s NATULON Plus® Fiber Sourced™ zipper with Recycled PET Open Parts as a Top 5 item in the same category. The competition, held twice a year in conjunction with the ISPO trade show, recognizes the most innovative performance textiles, components, and apparel.

Texworld Apparel Sourcing Paris unveils redesigned show layout for 2026

From February 2 to 4, 2026, Texworld Apparel Sourcing Paris will once again bring together all the key players in textiles and clothing at the Paris-Le Bourget Exhibition Center. For 3 days, visitors will discover, compare and select among 1,300 suppliers who will shape the collections of tomorrow, from ready-to-wear to luxury.

Asteks and Nexrone launch global investment initiative

A new joint investment company, Westure Ventures, has been founded by Asteks and Nexrone to focus on the development of next-generation transformative technologies. Türkiye’s long-established industrial powerhouse Asteks and one of the rising innovative forces in Europe’s startup ecosystem Nexrone Global announced the launch of their new investment company built on a shared vision: Westure Ventures.

ISKO’s SS27 collection and latest collaboration with Adriano Goldschmied land in Milan at Denim Première Vision

ISKO returns to Denim Première Vision to present a powerful showcase of next-generation denim innovation. At booth D17, visitors will discover a full spectrum of ISKO’s latest developments, including the brand-new SS27 collection, its advanced material collaborations with RE&UP, and the much-anticipated design project with Adriano Goldschmied: Moonskin Denim.

SHIMA SEIKI returns to ShanghaiTex

Leading flat knitting solutions provider SHIMA SEIKI MFG., LTD. of Wakayama, Japan, together with its Hong Kong and Chinese market subsidiary SHIMA SEIKI (HONG KONG) LTD., will exhibit at the ShanghaiTex 2025 exhibition (Booth No.: Hall N3, Booth A20) held in Shanghai, China this month. This marks the return of SHIMA SEIKI to ShanghaiTex after a 14-year hiatus, its last exhibit at the show having been in 2011.

Fraunhofer CCPE presents the “Monomaterial Design Set” – Innovative solutions for circular product design

Composite materials made from different types of plastic often extend the lifetime of products but make recycling more difficult in the circular economy. That is why Fraunhofer CCPE has developed the “Monomaterial Design Set”. This new approach helps to reduce the variety of plastics used in durable products and offers circular solutions for designers and product developers.

arena introduces renewable LYCRA® EcoMade fiber in its latest swimwear collection

Italian swimwear specialist arena has unveiled a new collection that brings sustainability and performance even closer together. Launched on December 4, the line features swimsuits made from recycled nylon and renewable LYCRA® EcoMade fiber — the first time the bio-based spandex has been used commercially in swimwear.