Fashion
BTMA to showcase advanced fibre tech at ITMA Asia + CITME
The manufacture of medical sutures, for example, is a very specialised process and because these items are implanted directly into the human body, every stage of production is tightly controlled to ensure safety, sterility and reliable performance.
At ITMA Asia + CITME in Singapore, a 20-strong UK BTMA delegation will showcase innovations in medical sutures, UHMWPE, aerospace fibre placement, automation, and composites.
Highlights include FET’s supercritical CO₂ fibre tech and Cygnet Texkimp’s AFP solutions.
Collaboration with universities and new R&D-driven systems reflect the UK’s growing role in advanced fibres and technical textiles.
Absorbable sutures are usually made from polymers that degrade safely within the body, such as polyglycolic acid, polylactic acid or polydioxanone, while non-absorbable sutures use durable materials like nylon, polypropylene, polyester, silk or even stainless steel. All of these must be of medical grade and fully biocompatible.
The UK’s Fibre Extrusion Technology (FET) is a world leader in both the fibre selection and production technologies behind this industry and in Singapore will highlight a groundbreaking new parallel technology for the medical sector based on supercritical CO2. Further developments in the field of automation and control in advanced fibre production will be highlighted by BTMA members including Autofoam, James Heal, Roaches, Strayfield, Verivide and Wira Instrumentation.
AFP and ATL
From the micro to the macro, sophisticated aerospace technologies such as automated fibre placement (AFP) and automated tape laying (ATL) meanwhile involve the precise placement of carbon fibre tapes or tows on a mould surface, which are then cured to form lightweight yet strong components.
AFP allows for complex geometries by steering individual tows, making it ideal for fuselage sections, wing skins and other curved structures. ATL, on the other hand, is more efficient for larger, flatter surfaces such as wing covers or stabilisers, where wider tapes can be laid down at high speed with minimal gaps or overlaps. Together, these technologies significantly reduce material waste, improve repeatability and deliver structural performance beyond what traditional hand lay-up methods can achieve.
The UK’s Cygnet Texkimp has developed a new technology to greatly assist this industry which will be unveiled in Singapore.
Collaboration
“High value industries such as aerospace, defence, renewable energy, automotive and the medical sector are areas of high growth and opportunity and an important factor underpinning the success of our companies here is the strong collaboration between industry and the many universities and institutes in the UK,” says BTMA CEO Jason Kent. “Machine builders can also be important in driving material developments as well as technologies.”
UHMWPE
A good example of this is the flexible new process for manufacturing ultra high molecular weight polyethylene (UHMWPE) that will be introduced in Singapore by FET.
UHMWPE is prized in many industries due to its extraordinary properties, being for example, ten times stronger than steel by weight. It is increasingly used in medical implants, but the current systems for manufacturing it are on a huge scale, with very complex processing routes.
This restricts the opportunity for new product development – a disadvantage that is fully addressed with FET’s series lab and small scale gel spinning system, which is already industrialised.
“We have supplied many extrusion systems to the biomedical market and in exploring what else we could do for the same customers it became clear that there was a need for smaller quantities of UHMWPE fibres in bespoke sizes.” explains FET Managing Director Richard Slack. “We believe our introduction of a patented batch system for solvent extraction exploiting supercritical CO2 is a game changer.”
Early stage development
Cygnet Texkimp has meanwhile just introduced a next-generation, production-scale prepreg tape slitting machine at its UK Innovation Centre in Northwich.
This enables organisations to trial the slitting of continuous thermoset, thermoplastic and ceramic prepreg tapes for AFP and AFL processes in real-world conditions using their own materials or those produced on Cygnet Texkimp’s in-house R&D prepreg machines on the machine. The technology can slit tapes at speeds of up to 60 metres per minute, subject to the input material.
“We’re pleased to be able to offer partners the opportunity to engage with us at an early stage in process development, to test out their concepts, explore machine parameters, assess output quality and validate performance with support from our expert team,” says Graeme Jones, wide web product director at Cygnet Texkimp.
Splicing portfolio
Also providing back up services to the aerospace industry is Airbond, with splicing technologies which ensure resource efficiency in the processing of extremely expensive carbon and aramid fibres. Pneumatic yarn splicing is a process established in the textile industry for joining yarns and works by intermingling individual filaments closely together, to make joint which are stronger and flatter than knots.
“We are continuing to find new partners in the wind turbine, hydrogen and aerospace industries and are doing a lot of developmental work with research institutes and universities,” says technical director Carwyn Webb. “This is leading to us expanding our portfolio and we are currently working on systems for carbon tape splicing, for example, as well as an automated system for full weaving beams.”
Further developments for the technical textiles and composites sectors will be showcased by BTMA members including Garnett Controls, Roaches International, Slack & Parr and Tatham.
Spirit of openness
“Many BTMA members are currently developing new technologies, either in-house or increasingly through joint projects, and we have much to reveal in Singapore,” says Jason Kent in conclusion. “There’s a new spirit of openness and adventurous interaction in the UK right now – especially in the fields of advanced fibres and technical textiles – which is very encouraging for the future.”
BTMA companies taking part in ITMA Asia + CITME 2025 are Airbond (stand A202, Hall 2), Autofoam (B309, Hall 7), AVA CAD/Cam (C210, Hall 6), Cygnet Texkimp (B493, Hall 8), Fibre Extrusion Technology (B306, Hall 4), James Heal (B306, Hall 3), MCL (A203, Hall 5), Roaches (A112 Hall 2), Saurer Fibrevision (C301c, Hall 3), SDC Enterprises (B107, Hall 8), Sellers (B207, Hall 7), Shelton Vision (B308, Hall 7), Slack & Parr (D305, Hall 4), Society of Dyers and Colourists (B203, Hall 3), Strayfield (B509, Hall 7), Tatham (D205, Hall 2), The Textile Institute (B105, Hall 8), Verivide (B201, Hall 3), Vickers Oils (B102, Hall 5) and Wira Instrumentation (A108, Hall 3).
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)
Fashion
China’s HSG buys controlling stake in Golden Goose
Published
December 19, 2025
Chinese Global investment firm HSG has acquired a controlling stake in Italian sneaker label Golden Goose, in one of the biggest Chinese investments in a European luxury brand.
Temasek, a global investment company, and a fund managed by its wholly-owned asset manager, True Light Capital, will acquire a minority stake. US investment fund Permira will remain committed as a strategic minority shareholder, continuing its successful partnership with Golden Goose, according to a press release from the Venice-based sneaker brand.
The deal ends months of speculation that Golden Goose was about to be sold to a Chinese investor.
Financial terms of the transaction were not disclosed. The transaction is subject to customary closing conditions and regulatory approvals and is currently expected to close within the summer of 2026. Golden Goose S.p.A. expects its €480.0 million Senior Secured Floating Rate Notes due 2031 to be redeemed in full.
Golden Goose has been the fastest growing Italian fashion label in the past half-decade, stunning observers with its exceptional performance. Since 2020, the group has delivered consistent, strong, and profitable growth, with revenues increasing from €266 million in FY 2020 to €655 million in FY 2024. During this period, the group has accelerated its direct-to-consumer (DTC) channels, launched its Forward Store concept, diversified its product assortment, and invested significantly in ‘Co-Creation’ experiences, deepening connections with its customers worldwide.

This investment comes amid a period of strong financial performance for Golden Goose. In the nine months ending September 2025, the group reported double-digit growth across regions. Revenues rose 13% year-on- year, driven by 21% growth in its DTC channel and an expanded store network, which reached 227 directly operated stores, up from 97 in 2019.
The investment is underpinned by a strong strategic and cultural fit with Golden Goose’s growth ambitions. Drawing on the new investors’ combined experience and track records investing in international luxury and consumer technology brands, such as Moncler and Ermenegildo Zegna group by Temasek, and ByteDance, Pop Mart, RedNote, and Marshall by HSG, they will support Golden Goose’s international ambitions as a leading next-generation luxury brand, while preserving and continuing to invest in Golden Goose’s Made in Italy roots.
Silvio Campara, Golden Goose’s hard charging CEO, will continue to lead the group as chief executive officer, alongside the existing leadership team. Marco Bizzarri, currently a non- executive director on the Golden Goose board, will become non-executive chairman. He brings significant industry expertise, shaped by his leadership of globally renowned luxury brands including Gucci, Bottega Veneta, and Kering, and will play an important role in accelerating Golden Goose’s next phase of global expansion.

“We are delighted to welcome HSG and Temasek as strategic partners to Golden Goose as we step up our global ambitions as a leading international luxury brand. Their investment is yet another vote of confidence in the success of our model at the intersection of luxury, lifestyle, and sportswear, beloved by a growing, global community of dreamers. With their experience of scaling international leaders across luxury and the broader business spectrum, HSG and Temasek will help us unlock the vast opportunity ahead for Golden Goose. We are grateful to Permira for being integral partners to our successful journey so far and are delighted they will remain valued partners alongside HSG and Temasek,” said Campara.
“Golden Goose stands for love, empathy, authenticity and a powerful sense of community in today’s luxury landscape,” added Jiajia Zou, Partner at HSG. “We feel deeply privileged to partner with Temasek and Permira, together with Silvio and his talented team to support the brand as it enters its next exciting chapter of growth- especially internationally- while preserving and celebrating what makes Golden Goose so uniquely Italian. We look forward to contributing our global experience, resources, and deep respect for the brand’s heritage, with the shared ambition of bringing the unique joy and spirit of Golden Goose to consumers around the world, for generations to come.”
In addition, Francesco Pascalizi and Tara Alhadeff, partners at Permira, commented: “Golden Goose has led the way in defining what it is to be a next-gen luxury brand for two decades now. They have built a unique community of GG-lovers around the world whilst also building a robust and high performing business. Against a challenging backdrop for the luxury industry in 2024 and 2025, Silvio and his talented team have continued to deliver strong performance and healthy growth, proving that Golden Goose is a brand that can stand the test of time.”
Copyright © 2025 FashionNetwork.com All rights reserved.
Fashion
Nigeria’s textile imports up 47.43% YoY in Jan-Sept 2025
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)
Fashion
Confident Meadowhall enjoys a year of strength
Published
December 19, 2025
There’s been quite a few end-of-year updates from shopping centres and all of them are upbeat after a busy 2025.
Sheffield’s Meadowhall is one of them, noting it has been a strong year of exchanges on new leases covering 300,000 sq ft of the destination, 80% retail and 20% hospitality, including renewals from 19 tenants.
It said visitor numbers “have also remained consistently high”, headlined by its busiest Black Friday weekend in six years (262,981 visitors across the three days), while October’s school half-term was also the strongest in six years (457,000 visitors representing a 9.7% year-on-year increase).
Meanwhile, commercial brand activations continued to “perform effectively” throughout 2025, including standout initiatives from Trinny London and Jo Malone.
And, of course, new openings and expansions are the lifeblood of any centre with Meadowhall announcing fast-expanding novelty retailer Miniso has just joined its roster while fashion lifestyle brand TK Maxx has extended its presence there, “concluding a strong year of leasing activity and retail performance”.
TK Maxx has added an adjacent unit to create a 19,000 sq ft space, complete with a 173-ft fully-glazed frontage on the Upper Level The Gallery, showcasing its mix of branded fashion, beauty, homeware, and accessories.
Miniso, meanwhile, has opened a 1,759 sq ft store on Lower Level High Street, introducing its range of lifestyle, homeware, and technology products, alongside the brand’s character collections.
These additions follow several major openings in 2025, including beauty majors Sephora and Superdrug.
These introductions round off a period in which several tenants have invested significantly in upgrading and expanding their stores. More than £47 million has been spent by brands alone across 2024 and 2025, with more than a third of Meadowhall’s operators undertaking new fitouts and refurbishments in that time.
Looking ahead to 2026, operator British Land said more than 25 brands have already committed, and will be bringing a further £8 million of investment to the centre.
Louisa Holmes, Asset Director at operator British Land, said: “This year’s level of investment, from new arrivals and long-standing tenants, reflects the confidence brands have in Meadowhall as a critical part of their national portfolio. In addition to that, the centre’s success means our brands are effectively competing to bring the best and latest shop fits and concepts here, elevating the experience for our visitors.”
Copyright © 2025 FashionNetwork.com All rights reserved.
-
Business6 days agoHitting The ‘High Notes’ In Ties: Nepal Set To Lift Ban On Indian Bills Above ₹100
-
Politics1 week agoTrump launches gold card programme for expedited visas with a $1m price tag
-
Sports1 week agoU.S. House passes bill to combat stadium drones
-
Sports1 week agoPolice detain Michigan head football coach Sherrone Moore after firing, salacious details emerge: report
-
Fashion1 week agoTommy Hilfiger appoints Sergio Pérez as global menswear ambassador
-
Fashion1 week agoBrunello Cucinelli lifts 2025 revenue growth forecast to up to 12%
-
Tech6 days agoFor the First Time, AI Analyzes Language as Well as a Human Expert
-
Sports4 days agoJets defensive lineman rips NFL officials after ejection vs Jaguars
