Fashion
Avantex Fashion Pitch 2025 awards GoldenEye, Green Worms
The Avantex Fashion Pitch jury awarded the 2025 prize to GoldenEye Smart Vision for its artificial intelligence-based textile quality control system.
GoldenEye Smart Vision won the 2025 Avantex Fashion Pitch for its AI-based textile quality control system, boosting efficiency and sustainability.
A special prize went to India’s Green Worms for its waste collection and recycling initiative creating jobs for disadvantaged women.
The contest highlighted innovation, digitalisation, and CSR in fashion’s future.
By perfecting the detection of visual defects in fabrics, this digital solution enhances customer satisfaction, optimises production processes and reduces raw material consumption. The jury also chose to award a special prize to Green Worms, an Indian micro-enterprise that has set up a local waste collection and processing system. Recycling waste creates sustainable jobs for women from disadvantaged socio-economic backgrounds.
‘The jury members were impressed by the quality of the designs submitted by the companies selected for this edition,’ said Claudia Franz, Director of Brand Management Apparel Fabrics & Fashion at Messe Frankfurt. ‘By recognising the GoldenEye Smart Vision project and choosing to award a special prize to Green Worms, we are supporting innovative solutions that address today’s major challenges,’ she added.
‘The choice made by the Avantex Fashion Pitch jury reflects the growing role of digitalisation in textile production processes and the ongoing transformation of the fashion world, particularly in terms of CSR issues,’ emphasises Julien Schmoll, Director of Marketing and Communications at Messe Frankfurt France. ‘These are strategic directions that we encourage and welcome,’ he concludes.
GoldenEye Smart Vision will benefit from a stand worth €2,800 (~$3320.3)at Avantex Paris 2026 and €1,000 offered by Messe Frankfurt France, plus €1,000 offered by Texpertise Network, the Messe Frankfurt Group’s textile sector network, a one-year subscription to the VLGE creative solution (worth €30,000), one year of incubation at Foundry offered by IFA Paris (worth €4,500), a keynote speech at the Circular Textile Days event, and an article in Luxiders Magazine.
Green Worms will receive €1,000 from Texpertise Network, the Messe Frankfurt Group’s textile industry network, a marketing package from Circular Textile Days, and a consultation offered by Jayne Simone Estève-Curé.
The final of the 8th edition of the Avantex Fashion Pitch competition, organised by Messe Frankfurt France, rewards the most innovative, sustainable and relevant projects for the future of fashion. Each of the eleven finalists for 2025 – Adirelounge, Ananas Fashion, CQ Studio, Delfi, Garment By, Green Worms, GoldenEye Smart Vision, Myth AI, Sequinova, Meddle, Style Shifter – had five minutes to convince the jury composed of Jayne Simone Estève-Curé, fashion and luxury expert consultant, Yoobin Jung, ventures associate sustainability at Plug and Play Tech Centre, Carol Hilsum, Investor & Tech Leader at Assembly Ventures, Claudia Frantz, Director Brand Management Messe Frankfurt, Rachel de Gooijer, Marketing Manager, Circular Textile Days.
Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.
Fibre2Fashion News Desk (HU)
The country imported textile and textile materials worth N 228.83 billion in the first quarter (Q1) this year, N 337.12 billion in Q2 and N 248.32 billion in Q3.
Industry experts blame policy failure, weak execution of credit initiatives, abandonment of promised institutional reforms, pervasive corruption and structural bottlenecks like weak cotton farming, insecurity and the inability to scale locally-produced polyester for the decline, according to Nigerian media reports.
Nigeria’s textile imports rose to N 814.27 billion in January-September 2025—a 47.43-per cent YoY rise despite repeated government claims of the sector’s revival.
Rising imports indicate a weak domestic textile industry.
Industry experts blame policy failure, weak execution of credit initiatives, abandonment of promised institutional reforms, pervasive corruption and structural bottlenecks for the fall.
Hamma Kwajaffa, director general of the Nigerian Textile Manufacturers Association, lamented that the 10-per cent tax on imported textiles—which was introduced when the ban on textile imports was lifted so that the amount collected can be ploughed into domestic textile production—has not been directed to improve the private textile sector.
Kwajaffa pointed to the failure to create a dedicated textile development fund domiciled with the Bank of Industry.
Conflicting positions among top officials had stalled any action related to the sector and repeated workshops and announcements without execution had yielded no tangible outcome, Kwajaffa added.
Fibre2Fashion News Desk (DS)
According to updated Eurosystem staff projections, headline inflation is expected to average 2.1 per cent in 2025, easing to 1.9 per cent in 2026 and 1.8 per cent in 2027, before returning to 2.0 per cent in 2028. Inflation excluding energy and food is forecast at 2.4 per cent in 2025, gradually declining to 2.0 per cent by 2028. Inflation for 2026 has been revised upward, mainly due to expectations that services inflation will fall more slowly than previously anticipated, the Governing Council of the ECB said in a press release.
European Central Bank has kept its key interest rates unchanged, maintaining confidence that inflation will stabilise at the 2 per cent target.
Updated projections show inflation easing gradually over the coming years, with a slight upward revision for 2026 due to persistent services prices.
Economic growth forecasts have been revised higher, supported by stronger domestic demand.
The ECB also revised its economic growth outlook higher compared with its September projections. Growth is now expected to reach 1.4 per cent in 2025, 1.2 per cent in 2026 and 1.4 per cent in 2027, with expansion projected to remain at 1.4 per cent in 2028. The improvement is driven largely by stronger domestic demand across the euro area.
The Council reiterated its commitment to ensuring that inflation stabilises sustainably at the 2 per cent target. It emphasised that future monetary policy decisions will remain data-dependent and assessed on a meeting-by-meeting basis, without pre-committing to any specific interest rate path.
Fibre2Fashion News Desk (KD)
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