In her new position, Silvia will support the preservation of Fendi’s heritage while promoting the brand’s history, craftsmanship, and expansion into Fendi Casa. Representing the third generation of the Fendi family, she has played a pivotal role since joining in 1992, first working alongside Karl Lagerfeld and later shaping accessories and menswear lines, before leading the women’s division.

Fendi has named Silvia Venturini Fendi as honorary president from October 1, 2025, following her distinguished career leading accessories, menswear, and women’s collections, including the brand’s centennial.
Representing the third Fendi generation, Silvia will focus on preserving heritage, promoting craftsmanship, and supporting Fendi Casa, after shaping the brand since 1992.

“These have been truly exciting years, a journey I have walked also in the name of my grandmother Adele, my mother Anna, and her sisters. My heart turns to Karl, an extraordinary master who granted me the honour of working by his side, teaching me the art of sharing, a defining quality in my family’s history of women, while guiding me to nurture and protect my own creative vision so that I could then fly on my own. What a wonderful journey it has been, not only creatively but also from a human perspective: first through my bond with Karl Lagerfeld, then with Kim Jones and last but not least with my fantastic team, which over the years has become part of my family,” said Silvia Venturini Fendi.

“Since 1992, Silvia has greatly contributed to shape Fendi’s creative direction and has been pivotal to the brand’s international success. Her vision has guided Fendi from its Roman artisanal roots into the future, culminating in the celebration of the House’s 100-year anniversary. I am thrilled to see the new projects that Silvia will lead in her new position, contributing not only to Fendi’s legacy and values but the world of Design and Craftsmanship around the world,” Ramon Ros, chairman and CEO of Fendi said in a LinkedIn post.

A new creative organisation for the House will be announced in due course.

Fibre2Fashion News Desk (HU)

The winners of the ITMF Start-up Awards 2025 will present their business models at the upcoming ITMF & IAF Conference 2025 which will be held from 24 – 25 October in Yogyakarta, Indonesia and will be co-hosted by the Indonesia Textile Industry Association (API).

The ITMF Start-up Awards 2025 winners will present their innovative business models at the ITMF & IAF Conference on October 24–25 in Yogyakarta, Indonesia.
Five start-ups—Ambercycle, aweXome Ray, BYBORRE, Silana, and ZymoChem—will showcase solutions in circularity, fibre innovation, digitisation, robotics, and biobased nylon commercialisation.

The objectives of the ITMF Start-up Awards are to provide start-ups a platform to showcase their innovative ideas and to offer them the possibility to meet in-person with well-established companies from the entire textile value chain.

The 5 winners of the ITMF Start-up Award 2025 are (in alphabetical order):

A Bridge to the Future – Building Circularity at Scale

CNT Fiber Innovation – From Dream Material to Industrial Reality

The Last Industry to be Digitized

From Offshor to On-Demand – How Robotics is Reshaping Fashion Manufacturing

Commercialization of Biobased Nylon 66

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)

ICE December cotton futures settled at 64.46 cents per pound, down 0.68 cents or 1.04 per cent. The contract touched an intraday of 64.40 cents, the lowest level since early April 2025. March 2026 contracts lost 0.71 cent to reach 66.38 cents, May 2026 were down 0.69 cent to 67.74 cents, and July 2026 were down 0.64 cent to 68.90 cents. Other contracts settled 15-68 points lower.

ICE cotton futures hit a six-month low as a stronger US dollar and rapid US harvesting drove prices lower.
December futures fell to 64.46 cents per pound, with trading volume surging amid speculative selling.
Market sentiment remains weak, pressured by ongoing harvest progress, delayed USDA data, and reduced global export competitiveness.

The October 2025 contract closed at 62.02 with zero open interest, showing no active positions and indicating potential for a lower path for December. Trading volume rose sharply to 45,016 contracts, up from 27,524 the previous day, signalling stronger speculative and selling activity. ICE deliverable stocks stood at 17,891 bales, unchanged from the prior day.

The US dollar index climbed 0.28 per cent, nearing a two-month high, reducing global competitiveness of US cotton exports. International crude oil prices remained stable as investors weighed OPEC+’s modest November production increase against signs of a global supply glut.

Market sentiment remained weak due to favourable harvest weather, trade tensions, and demand uncertainty in the textile sector.

The US government shutdown entered its seventh day, delaying the release of key USDA reports, including export sales and global supply-demand estimates. The USDA Weekly Export Sales Report, normally published on Thursday, was postponed, while the monthly WASDE report may also be delayed if the shutdown continues.

Analysts said the lack of official data is forcing investors to rely on secondary and unofficial information to gauge cotton demand and predict Federal Reserve interest rate decisions.

Farmers are going all-in on harvesting right now, which is weighing on prices. The higher dollar is also pressuring the market.

Brazil’s National Supply Company (Conab) reported that as of October 4, 2025, the country’s 2024-25 cotton harvest was 99.8 per cent complete, up from 99.2 per cent the previous week, matching last year’s 100 per cent and the five-year average of 100 per cent.

In related markets, CBOT soybean futures rebounded after two days of losses on technical and seasonal buying.

Overall, cotton futures remained under pressure amid harvest activity, strong dollar, and delayed government data.

Currently, ICE cotton for December 2025 was traded at 64.43 cents per pound (down 0.03 cent), cash cotton at 61.96 cents (down 0.68 cent), the October 2025 contract at 62.02 cents (down 0.68 cent), the March 2026 contract at 66.35 cents (down 0.03 cent), the May 2026 contract at 67.70 cents (down 0.04 cent) and the July 2026 contract at 68.73 cents (down  0.17 cent). A few contracts remained at their previous closing levels, with no trading recorded today.

Fibre2Fashion News Desk (KUL)