Spinnova targets US$15 million IPO
Finnish textile fibre company Spinnova is exploring a US$15 million initial public offering (IPO) as it looks to raise capital to support the next stage of its growth, according to financial reporting. Read More...
Business insights for the global leather community
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T-Rex “Leather” sets sights on U.S. luxury market
UK biotech company BSF Enterprise is seeking to commercialise its T-Rex lab-grown leather in the U.S. luxury market through a proposed 50:50 joint venture with U.S. brand operator Imposter. Read More...
Cotance outlines clear prioritises in Brussels
Cotance has outlined its priorities for the European leather sector following a series of meetings in Brussels in June, including the first Steering Committee meeting of the SER2026 project, the annual Social Sectoral Dialogue Committee meeting and its Annual General Assembly. Read More...
Mexican Senate approves tariffs of up to 50% on Indian imports
A bill has been passed in Mexico to sharply increase import duties on goods from countries without free-trade agreements, according to a Reuters exclusive. Read More...
Oeko-Tex reports 8% growth in 2024/2025
Global standards organisation Oeko-Tex has reported results from the 2024/2025 financial year, demonstrating an 8% increase on the previous year. Read More...
Learning Factories project meets in Romania
Partners from the Erasmus+ “Learning Factories” project met in Romania last week to finalise developments. Read More...
Eurofins launches commodity chemical testing
Eurofins Sustainability Services has announced the launch of a commodity chemical testing service tailored for the softlines industries including leather. Read More...
EU imposes import duties on U.S. leather goods
The European Union (EU) has announced additional import tariffs on trade goods from the U.S., including leather goods. Read More...
Oeko-Tex issued more than 50,000 certifications in 2023/2024
Switzerland-based standards organisation Oeko-Tex has released its 2023/2024 Annual Report, revealing that it issued more than 50,000 certificates and labels in the year. Read More...
Revenues continue to drop for Spinnova in 2024
Finnish textile company Spinnova has reported its results for the first half of 2024, when revenue dropped by 95.9% to €362,000. Read More...
