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FINANCE

Swedish Investment Firm Altor Acquires Renewcell

By Christian Chensvold, Associate Editor | June 6, 2024

Cotton-recycling pioneer Renewcell has announced that its remaining assets have been acquired by Altor, an investment firm based in Sweden, and will now be known as Circulose.

Nikki Reed Designs New Collection for Eco-Luxury Sneaker Brand Loci

Nikki Reed Designs New Collection for Eco-Luxury Sneaker Brand Loci

Nikki Reed recently partnered with eco-luxury sneaker brand Loci to create a capsule of classic styles using recycled ocean plastics.

Trina Turk Docks Its Swim Line at Lunada Bay

Trina Turk Docks Its Swim Line at Lunada Bay

As the swim season draws near, Trina Turk looks forward to new beginnings this summer while consumers seek the brand’s stylish options to enjoy sunny days.

Asesina Designs Looks to Lift Fashions for Woman Athletes

Asesina Designs Looks to Lift Fashions for Woman Athletes

In the past few years, more media attention has been paid to women’s sports and leading female athletes such as Serena Williams, Megan Rapinoe and Naomi Osaka, who have become mainstream celebrities. Osaka has inked deals to represent leading fashion and beauty brands. Williams and Rapinoe have developed their own fashion lines.

Lezat Enjoys Giving Back Through Ethical, Eco Production

Lezat Enjoys Giving Back Through Ethical, Eco Production

Starting an apparel career as a factory owner can prove demanding for even the most-driven person, but Jaleh Factor wanted to do more. In 2020, after six years making private-label apparel for customers in the activewear, swimwear, knits and wovens categories, Factor decided to shift her business, Sewby, last year to create masks when the need for personal protective equipment soared with the onset of the COVID-19 pandemic.

Timberland Aims to Build Footwear’s First Regenerative Rubber Supply System

Timberland Aims to Build Footwear’s First Regenerative Rubber Supply System

Timberland is aiming to build the world’s first regenerative rubber supply system for footwear by 2023.

Saitex’s Sustainable Plant Aims to Help Bring Back U.S. Manufacturing

Saitex’s Sustainable Plant Aims to Help Bring Back U.S. Manufacturing

The Vietnam-headquartered company Saitex recently opened a denim facility in Vernon, Calif., just south of downtown Los Angeles. Saitex USA, a 52,000-square-foot denim plant, will serve as a factory of the future, said Sanjeev Bahl, the company’s chief executive officer and founder.

Building on a European Legacy, Tenson USA Comes Stateside

Building on a European Legacy, Tenson USA Comes Stateside

Founded in 1951 by Paul Rydholm in Varberg, Sweden, the outdoor-lifestyle brand Tenson has expanded into different offerings, from its first product—a bicycle cap named the Kent—to outfitting a British Mount Everest expedition with its Himalaya jacket. Recently the Swedish outfitter has grown again with its reach extending into California with the launch of Tenson USA in 2020 under the leadership of Chief Operations Officer Lisa Magneson and Chief Executive Officer Evert Kruse, who are also a couple.

Saitex, A Sustainability Manufacturing Star, Opens L.A. Facility

Saitex, A Sustainability Manufacturing Star, Opens L.A. Facility

Saitex, a Vietnam-headquartered denim manufacturer that has been considered one of the pioneers in sustainable-denim production, recently opened its first United States facility, in Vernon, Calif., an industrial city neighboring downtown Los Angeles, said Sanjeev Bahl, chief executive officer and the company’s founder.

Artistic Milliners, Bestseller, WOW, BSR Partner for Women’s Empowerment on HERessentials

Artistic Milliners, Bestseller, WOW, BSR Partner for Women’s Empowerment on HERessentials

Building upon its longstanding commitment to supporting its female workers and its existing HERhealth program, the Karachi, Pakistan–headquartered denim maker Artistic Milliners announced on March 7 its women’s-empowerment partnership with fashion company Bestseller.

In the Evolving D2C World, Noli Yoga Is a Pioneer in the Active Space

In the Evolving D2C World, Noli Yoga Is a Pioneer in the Active Space

Built on customer trust and forging relationships directly with consumers, Noli Yoga was founded according to a mission that afforded a fashion-driven activewear product through connections with the brand’s clients. What started as a side project for Chief Executive Officer and Creative Director Slava Furman, who was working in a corporate role when the label launched in 2015, Noli Yoga began as a labor of passion. Working with bright colors for the collections, Furman recognized the connection between striking hues and success selling through social media.

A Sweet Anniversary in Making Luxurious T-shirts as Kinetix Turns 16

A Sweet Anniversary in Making Luxurious T-shirts as Kinetix Turns 16

Looking back on his 16 years in business, Blayne Siegel, president and founder of Kinetix Casual Luxury, is grateful for his long journey to veteran status in the space of creating luxurious T-shirts and other relaxed styles.

Culprit Underwear Approaches Sustainability With a Touch of Humor

Culprit Underwear Approaches Sustainability With a Touch of Humor

Using sustainable fabrics for jeans, T-shirts and underwear is usually serious business, but the Los Angeles–headquartered brand Culprit Underwear has developed a niche using humorous graphics to sell its ecologically sound, made–in–Los Angeles products.

Social-Media Star Laura Lee Unveils Fashion Line

Social-Media Star Laura Lee Unveils Fashion Line

Social-media influencers have captured the imaginations of many consumers by acting as the ambassadors for brands and fashion lines on Instagram and YouTube. A handful of these influencers also are taking the leap into designing their own fashions.

With High-Ranking Certified B Corp Status, Frank & Eileen Becomes Mission Focused

With High-Ranking Certified B Corp Status, Frank & Eileen Becomes Mission Focused

Building her brand upon a foundation of high standards for luxury shirting, Frank & Eileen founder Audrey McLoghlin had aligned her company with many of the principles required by B Corporation Certification in corporate environmental and social awareness.

Generating Self-Pride and Cultural Respect the Goal for Kin

Generating Self-Pride and Cultural Respect the Goal for Kin

Meeting during their time as students at the University of Southern California, Kameni Ngahdeu and Kwabena Osei-Larbi were mission driven from the start of their friendship and found comfort in their shared cultural backgrounds.