Fashion
Singapore edition of ITMA ASIA + CITME attracts global crowd
Combined with CITME, the four-day ITMA ASIA + CITME exhibition at the Singapore Expo concluded on 31 October 2025 with participants praising the international mix of visitors andstrong turn-out of buyers from the region. From the supply side, the exhibition was well represented by companies from key textile technology manufacturing regions, thus offering buyers a balanced selection of solutions.
ITMA ASIA + CITME 2025 in Singapore drew 26,600 visitors from 109 nations, with 92 per cent coming from overseas.
Over 840 exhibitors from 30 regions showcased innovations across 70,000 square metres.
Strong participation came from India, China, and Indonesia, reflecting Asia’s industry strength.
Next edition confirmed for Shanghai, November 20–24, 2026.
The Singapore exhibition attracted visitorship of over 26,600 from 109 countries and regions, reaffirming its reputation as the region’s most influential showcase of textile and garment manufacturing technologies.
Some 92% of the visitors came from overseas, with 35% of them from South Asia and 30% from Southeast Asia. The top three visitor countries were: India (19%), China (11%) and Indonesia (10%). Other countries in the top 10 list included Bangladesh, Pakistan, Vietnam and Malaysia.
The show owners – CEMATEX (the European Committee of Textile Machinery Manufacturers), China Textile Machinery Association (CTMA), The Sub-Council of Textile Industry, CCPIT (CCPIT TEX) – attributed its strong showing to Singapore’s ideal location, conducive business environment and seamless visitor experience.
Mr Alex Zucchi, President of CEMATEX, said: “Exhibitor feedback has been very positive as the high-quality visitorship and serious business discussions are greatly appreciated. The exhibition has created a strong sense of optimism about the opportunities ahead amid current economic challenges.”
Mr Gu Ping, President of CTMA remarked: “Asia, the world’s largest textile hub, boasts a vast industrial scale and plays a key role globally. With the successful conclusion of the ITMA ASIA + CITME, Singapore 2025, it is clear that the Asian textile industry, encompassing regions such as East Asia, Southeast Asia and the Middle East, is experiencing rapid development. This also reflects the global textile industry’s demand for exploring emerging markets.”
Many of the exhibitors were elated by the outcome of their participation. Mr Tobias Schaefer, Vice President of Andritz Nonwoven & Textile, enthused: “The combined exhibition in Singapore proved to be a truly pivotal platform, bringing together a remarkably international audience. The high visitor numbers, the quality of discussions, and the strong focus on innovation and sustainability reflected the industry’s evolving priorities.”
Mr Stephane Picard, Sales & Marketing Manager at Pierret Industries, opined: “We are very pleased with the overall quality of the visitors at the exhibition. Despite the current market challenges, the event exceeded our expectations. The main objective of holding this show in Singapore was to attract people from Southeast Asia and Middle East markets, and the results were truly impressive.”
Sharing the same sentiment, Canlar Mekatronik Board Member Mr Kaan Cakici said: “We’re delighted with the overwhelming response received at the exhibition. The show days were filled with serious enquiries from buyers who came ready to invest and we concluded business deals during the show. The quality of discussions with visitors at our stand has given us confidence to expand our presence and support in the region.”
Underscoring the significance of the 2025 exhibition for the Indian market was Mr Rohit Kansal, Additional Secretary, Ministry of Textiles of India who led a 30-member-strong government delegation.
Mr Kansal remarked, “India is one of the largest participants and exhibitors in this exhibition here in Singapore. This reflects our strategic vision in driving our textile industry’s growth through innovation, manufacturing excellence and sustainability. The fair provides a good meeting ground for people to exchange ideas, to look at new technologies, discuss business propositions and to see the latest innovations.”
Later, speaking at the co-located ITMA Sustainability Forum, Mr Kansal highlighted the Indian textile industry’s green transformation.
The comprehensive showcase of textile and garment making technologies at ITMA ASIA + CITME, Singapore 2025 occupied more than 70,000 square metres of gross space and featured over 840 exhibitors from 30 countries and regions.
ITMA ASIA + CITME, Singapore 2025 is organised by ITMA Services and co-organised by Beijing Textile Machinery International Exhibition Company.
The next ITMA ASIA + CITME exhibition will be held in Shanghai, China from 20 to 24 November 2026.
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 (MS)
Published
December 23, 2025
Brut Archives announces the opening of its second boutique worldwide, in New York, following its historic establishment in Paris. This launch marks a new milestone in the brand’s international development strategy.
Founded in Paris by Paul Ben Chemhoun, Brut Archives launched in 2017 with the creation of a vintage showroom designed exclusively for fashion industry professionals. This first space brought together a tightly curated selection of textile archives, drawn mainly from workwear, Americana, and denim.
In March 2019, the brand took another step with the opening of its first Paris boutique at 3 rue Réaumur, in the 3rd arrondissement. For three years, the offer available to the public consisted exclusively of second-hand pieces and rare vintage archive pieces, while maintaining a B2B activity serving industry professionals. This address became a hybrid space at the crossroads of boutique, archive and the transmission of textile know-how.
In 2022, Brut Archives made a major strategic shift, bringing its vintage activity to a definitive close to focus fully on developing its own clothing line. All creative work, as well as the upcycling studio, was then centralised in Paris under the direction of managing director and creative director Paul Ben Chemhoun. The collections are founded on raw, durable materials, combining new fabrics with archive materials- an approach that has become the brand’s signature.
Originally conceived as a menswear brand, Brut Archives now appeals to an ever-growing female audience, thanks to timeless pieces and a cross-cutting vision of the wardrobe. The brand currently employs more than 40 people worldwide and remains 100% owned by its founder.
With the US now Brut Archives’ largest online market, and New York’s energy an integral part of its DNA, opening a shop in the city was an obvious move. The New York boutique, located at 37A Orchard Street, near Chinatown, offers a total floor area of around 144 square metres, with 74 square metres dedicated to retail space and 70 square metres to logistics. This is the brand’s second boutique worldwide. The brand deliberately distributes its collections exclusively via its official website and its two boutiques, with no wholesale network.
Brut Archives now operates two boutiques worldwide, in Paris and New York. The brand plans to reach turnover of €10 million by the end of 2025, a projection that accompanies the structuring and international expansion of the house.
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By
Bloomberg
Published
December 23, 2025
Golden Goose SpA is an Italian maker of distressed-looking sneakers that can set you back $2,000 for a crystal-studded pair. The more than €2.5 billion ($2.9 billion) price its private equity owner just snagged for the business is more opulent than shabby, too.
Permira’s sale to HSG, known formerly as Sequoia Capital China, with Singapore’s Temasek as a minority investor, is one of the few landmark exits from a troubled vintage of buyout deals struck as the world was emerging from the pandemic, just before interest rates spiked. The transaction- twice the size of Prada SpA’s purchase of Versace earlier this year- also comes at a time of depressed demand for luxury goods. The valuation may be less extravagant than what was mooted in an abandoned initial public offering 18 months ago, but the PE firm has roughly doubled the company’s value in five years.
It acquired most of Golden Goose from Carlyle for €1.3 billion in 2020. Investors balked at a €3 billion enterprise value in that doomed Milan IPO effort last year, pointing to the troubles of Dr Martens, another footwear company previously owned by Permira. A slowing market for top-end goods didn’t help after three years of blockbuster growth.
And yet, the worst luxury downturn since the financial crisis (excluding the pandemic) has been good for Golden Goose. As comfortably off but not superrich consumers reined in their spending, megabrands such as Louis Vuitton and Gucci went upmarket to follow the money.
As they concentrated on the 1%, they abandoned entry level products such as designer sneakers, leaving that market to Golden Goose. They also raised prices on shoes, handbags, and other core goods. The average cost of a basket of iconic luxury items in Europe rose by 54% between 2019 and the end of 2024, according to analysts at HSBC Holdings Plc.
For comparison, Golden Goose has lifted prices by just 4% over the past five years. That makes its sneakers, hardly a snip at an average price of €550 including customisation, look better value for money. The company increased sales from €266 million in 2020 to €655 million in 2024. Growth has continued this year, with sales up 13% in the first nine months and earnings before interest, tax, depreciation, and amortisation up 7%. Assuming similar momentum for the full year and a stable Ebitda margin, Golden Goose could generate about €740 million of sales in 2025 and close to €250 million of Ebitda.
The price equates to about 10 times Ebitda, a discount to Moncler SpA’s 13 times and Birkenstock Holding Plc’s 11 times, but still at least a doubling of Permira’s equity value. The firm will stay as a minority investor.
HSG previously backed Labubu maker Pop Mart International Group Ltd., TikTok owner ByteDance Co Ltd. and Chinese social media platform Red Note, so expansion will likely be focused on Asia. Golden Goose makes only 12% of its sales in the region, with just 7% in China, far less than most luxury brands. About half its sales are in the Americas; the rest in Europe and the Middle East.
There is clearly more to go for in China. With Gucci handbags and Chanel pumps no longer so prized, there is appetite for quirky items that connect emotionally with young shoppers. Take Crocs Inc.’s clogs, which can be customised with charms. They have become a hit with the country’s Gen Z consumers. That bodes well for Golden Goose.
Sneakers account for 90% of the company’s sales, so there’s room to diversify. Bags and clothing, which can also be personalised, are other opportunities in the US as well as China. Temasek’s experience as an investor in Stone Island, Ermenegildo Zegna NV, and Moncler chairman Remo Ruffini’s holding company should help. Ex-Gucci boss Marco Bizzarri will become chairman.
But hitting Golden Goose’s long-term target of lifting yearly sales to €1 billion won’t be easy. Although there are hopes that China’s luxury market is past the worst, any recovery will take time. And consumers there are more focused on sneakers that help them run faster or tackle more challenging hikes. Nike Inc. said recently that it was seen more as a casual fashion shoe brand, rather than a performance one, holding back sales and forcing it to discount prices.
Meanwhile, big luxury has decided it wants its middle-class customers back. Sneakers and similar goods will be key, bringing more competition.
If Golden Goose can successfully expand in China and become a broader lifestyle brand like Ralph Lauren Corp., its future will be far from scruffy. But given the travails of PE owners over the past couple of years, it’s not a bad time to take some money off the table.
These partnerships will bring lululemon’s innovative athletic and lifestyle apparel and accessories to new and existing guests across Europe and Asia Pacific and provide high performance product offerings that are designed to support a wide range of activities including yoga, running, training, tennis, and golf.
Lululemon plans to enter six new markets in 2026 via franchise partnerships, marking its largest annual international expansion.
The brand will launch in Greece, Austria, Poland, Hungary and Romania with Arion Retail Group, and in India with Tata CLiQ.
Customers will access products online, supported by Lululemon’s community-focused brand approach.
lululemon guests across Greece, Austria, Poland, Hungary, and Romania will have access to the brand’s full range of products online through eu.lululemon.com, while guests in India will be able to digitally shop the brand through online marketplaces Tata CLiQ Luxury and Tata CLiQ Fashion.
“As we continue to see strong demand for the lululemon brand around the world, we’re thrilled to grow our presence and communities across Europe and Asia Pacific with entry into six new markets in 2026,” said Sarah Clark, Senior Vice President, EMEA, lululemon. “Each of these markets offer exciting potential for our brand, and we look forward to working with our franchise partners to introduce our innovative products and engaging guest experiences to more consumers in these regions.”
Building Community
lululemon continues to deepen its connection to guests through its ambassador network and local community events, which deliver movement and wellbeing experiences shaped in collaboration with partners around the world. Reflecting the brand’s holistic approach to physical, mental, and social wellbeing, this community-first model will remain central to how the lululemon brand enters new markets in 2026 with its partners.
International Expansion
Market expansion is a key pillar of lululemon’s growth strategy. With a presence in more than 30 markets around the world today, lululemon has an established and growing footprint across North America, EMEA, Asia Pacific, and China Mainland. These forthcoming market entries represent another important step in lululemon’s international expansion and follow the company’s entry into Italy this summer, as well as recent openings in Denmark, Turkey, and Belgium through its franchise model. Preparations for the new openings will continue into next year, with details on store locations, timelines, and community activations to be shared in 2026.
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)
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