Fashion
France’s Kering confirms Bartolomeo Rongone’s exit from Bottega Veneta
Luca de Meo, Chief Executive Officer of Kering, stated: “I would like to thank Leo Rongone for his leadership and for the significant contribution he has made to Bottega Veneta over the past six years. During his tenure, he achieved important milestones with his team and supported the continued development of the House. I wish him every success in his future professional endeavors.”
Kering said Bartolomeo Rongone will step down as CEO of Bottega Veneta on March 31, 2026, to pursue new opportunities.
CEO Luca de Meo thanked him for six years of leadership and key milestones achieved at the House.
The group has begun the search for a new CEO, while the management team and Kering remain focused on sustaining Bottega Veneta’s positive momentum.
The selection process for the next CEO of Bottega Veneta is underway and the appointment of the new CEO will be announced in the near future. The Bottega Veneta management team is fully committed, together with Kering, to continue to drive the positive momentum of the House.
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 (RM)
The economy grew by 5.6 per cent in Q4 2024 at constant prices.
Sri Lanka’s economy grew by 4.8 per cent YoY in Q4 2025, with lower inflation and exchange rate stability leading to a full year growth of an estimated 5 per cent at constant prices, official statistics show.
The economy grew by 5.6 per cent in Q4 2024 at constant prices.
The industrial sector grew by 7.8 per cent YoY in Q4 2025 .
At current prices, the 2025 GDP grew by 8.8 per cent.
At current prices, GDP grew by 8.8 per cent last year.
“The economic climate surrounded in 2025 was favourable for a solid economic performance through few aspects; entrepreneur friendly inflation started to rise early in the third quarter of 2025 coupled with the mostly stabilize exchange rate amid continuously decreasing interest rate,” the department said in a release.
The industrial sector grew by 7.8 per cent YoY in Q4 2025.
Fibre2Fashion News Desk (DS)
While war disrupts logistics, a deeper shift is unfolding in Europe.
New rules, including DPP, CSDDD, Ecodesign and EPR, will redefine textile market access, adding 3–7 per cent to costs and demanding full traceability.
Companies delaying compliance risk exclusion, as regulation, not geopolitics, emerges as the industry’s most decisive competitive filter.
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The facility will process natural fibres such as abaca, banana and pineapple into high-quality yarn, addressing long-standing challenges faced by local weavers who have relied on imported materials. This initiative is expected to create new markets for agricultural produce while providing additional income streams for farmers.
The DOST-PTRI, with DOST Region 12, will establish the Regional Yarn Production and Innovation Center in Philippine’s Cotabato to process natural fibres into yarn and support Mindanao’s textile industry.
The facility aims to boost farmer incomes, reduce reliance on imported yarn and strengthen local weaving communities through training, technology transfer and improved supply chain infrastructure.
During the first-quarter meeting of the Regional Research, Development, and Innovation Committee, Evangeline Flor P. Manalang, chief science research specialist of DOST-PTRI’s Technical Services Division, stated “The RYPIC will serve as a key facility to process our natural fibers into yarn and open opportunities for skills training among farmers and local stakeholders.” She also emphasised the project’s role in building a sustainable textile ecosystem in Soccsksargen.
The RYPIC complements existing facilities such as the Natural Textile Fiber Innovation Hub at Sultan Kudarat State University and forms part of broader national programmes including the Clothing and Textile Research Innovation and Investment Agenda (CATRINA) and the FRONTIER initiative. These efforts aim to strengthen the domestic textile value chain, reduce reliance on imports and support the government’s push to expand Telang Pinoy, as highlighted by President Ferdinand R. Marcos Jr. in his fourth State of the Nation Address.
Fibre2Fashion News Desk (JP)
Sri Lanka GDP grows 4.8% in Q4; full-year growth at 5%
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