INDUSTRY ISSUES
Growing Out of Uncertainty - How the sewn products industry adapts and grows in the face of uncertainty
By Michael McDonald, SPESA President | March 6, 2026
Each year SPESA releases what we call our “State of the Industry.” Often it’s timed around the U.S. State of the Union and serves as an opportunity for our team to reflect back on the year prior and look ahead to the new year we’re in.
Cybersecurity Drill Offered by CISA and RH-ISAC
The Cybersecurity and Infrastructure Security Agency, and umbrella trade group Retail and Hospitality ISAC, of which National Retail Federation is a partner, have developed a cybersecurity drill, which will run in June—with an exact date yet to be announced—and they are inviting businesses to participate.
Newmine Announces Tony Arona as Chief Revenue Officer
Newmine, the Southborough, Mass., artificial intelligence-based returns-reduction solution announced that Tony Arona has joined the company as its chief revenue officer.
Technology Company 3DLook Announces $6.5 Million in Funding
3DLOOK recently announced that it had raised $6.5 million in Series A funding, which brings the technology company’s total fund-raising to $11.2 million. The recent round of funding was led by Almaz Capital with participation by TMT Investments and Zubr Capita.
Klarna Charts a Focus Beyond Fintech With Toplooks Acquisition
The Stockholm-headquartered payments company Klarna entered the United States market in 2015 as part of a wave of fintech companies that offered digital layaway programs. These technologies have been embraced by millennials and Gen Z.
NuOrder Announces $45 Million in Funding
NuORDER, a Los Angeles-headquartered business-to-business e-commerce platform announced March 10 that it had raised $45 million in a round of funding led by Brighton Park Capital and Imaginary Ventures.
Poshmark Announces William Ingham as First Chief People Officer
Social marketplace Poshmark announced the appointment of William Ingham to fulfill the company’s new role of chief people officer.
Fillogic, a Micro-Distribution Fulfillment Hub Platform, Announces Funding
Fillogic is a New York-based platform that builds and operates micro-distribution hubs at malls for retail fulfillment. The platform redevelops underused areas at malls and stores and turns them into fulfillment centers.
Novoloop Founders Achieve Plastics-Upcycling Breakthrough
Founded during the college years of friends Miranda Wang and Jeanny Yao, the Menlo Park, Calif., BioCellection formed with a goal of developing processes to transform traditionally unrecyclable plastics into materials that could be upcycled into new products.
On-Demand Printer and Drop-shipper Printful to Open Larger L.A. Facility
On-demand-printing and drop-shipping-fulfillment business Printful is scheduled to open a 93,000-square-foot facility in the Los Angeles area this fall, said Dairis Zarins, Printful’s director of operations.
SoundCommerce Closes $15 Million Series A Financing
Continuing its growth within the consumer-retail industry, the data-platform provider SoundCommerce announced $15 million in Series A financing, aligning with its expansion through hiring, platform capabilities and customer engagement.
Novoloop Announces Groundbreaking Progress in Plastic-Waste Upcycling
Formerly known as BioCellection, Menlo Park, Calif.’s Novoloop announced Feb. 23 an extraordinary advancement in sustainable manufacturing with the launch of XIRC.
Joor to Make Payment Features More User-Friendly on Its Platform
Joor, a digital-wholesale platform that serves as the technology partner for the Liberty Fashion & Lifestyle Fairs trade show, recently announced that its platform was going to become more user-friendly for financial transactions.
Celerant Introduces Stratus Analytics to Help Retailers for Business Optimization
The Staten Island, N.Y.–headquartered retail-commerce software provider Celerant is affording retailers a comprehensive business-analysis tool.
Tukatech and FK Group Release Premium Fabric Cutter
With a mission of digitizing the apparel industry’s manufacturing capabilities, the Los Angeles–headquartered Tukatech has sought to automate one of the industry’s foundational tools—fabric cutters.
Lectra Announces Intention to Acquire Gerber Technology
Fortifying its role as an Industry 4.0 technology leader, Paris-based Lectra announced its memorandum of understanding to acquire the entire capital and voting rights of Tolland, Conn., integrated-software-and-hardware-solutions provider Gerber Technology.
