Fashion
Toms names former Crocs veteran new CEO
Published
October 10, 2025
Social impact footwear brand Toms has announced the appointment of Jessica Alsing as its new chief executive officer, effective October 8.
Alsing has been consulting with the Los Angeles-based company in recent months, and brings to her new role as CEO expertise across
footwear, digital marketing, and global brand building.
She will be charged with guiding Toms through its next phase of growth and reinforcing its position as a footwear leader, according to a press release.
“In 2026, Toms celebrates twenty years since its now
iconic alpargatas first became a sensation,” said Alsing.
“With nostalgia trending and slip-ons being so popular today, I
believe there’s never been a better time to reintroduce our signature alpargatas and deepen our leadership in espadrilles building off the Toms essence of endless summer.”
Prior to Toms, the Alsing spent nearly a decade at fellow U.S. footwear giant Crocs Inc., where she served as vice president of international digital commerce.
Most recently, she served as chief digital officer at Grendene Global Brands, owner of Melissa Shoes, Ipanema, and Rider brands.
“Toms is an iconic brand that has inspired millions and set the standard for purpose in business,” said Thomas Brady, board member, Toms.
“With Jessica’s extensive experience leading globally relevant footwear
companies and her proven ability to drive both growth and impact, we’re confident she is the right leader to propel Toms into its next generation.”
Founded in 2006, Toms has given more than $200M in the form of shoe donations and monetary grants to nonprofits across the globe. Today, every purchase helps support children’s education, health and well- being.
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Fashion
Thailand’s Indorama Ventures’ revenue, profit decline in 2025
Cost of revenue amounted to THB 409.1 billion (~$13.09 billion) on a TTM basis, compared with THB 466.3 billion (~$14.92 billion) in 2024 and THB 476.0 billion (~$15.23 billion) in 2023. Costs were notably higher in 2022 at THB 544.3 billion (~$17.42 billion), before easing to THB 382.9 billion (~$12.25 billion) in 2021, the group said in a press release.
Indorama reported TTM revenue of THB 467.3 billion (~$14.95 billion), down from recent years and well below the 2022 peak.
Gross profit fell to THB 58.2 billion (~$1.86 billion), reflecting continued margin pressure.
As of December 31, 2025, current liabilities exceeded current assets, with management maintaining liquidity through cash reserves, credit facilities and short-term debt rollovers.
Gross profit reached THB 58.2 billion (~$1.86 billion) over the TTM period, down from THB 75.3 billion (~$2.41 billion) in 2024 and THB 65.4 billion (~$2.09 billion) in 2023. Gross profit peaked at THB 111.9 billion (~$3.58 billion) in 2022 and stood at THB 85.2 billion (~$2.73 billion) in 2021.
At 31 December 2025, the group’s current liabilities exceeded current assets. To ensure funding needs and mitigate liquidity risks for the foreseeable future, the management continually monitors the group liquidity risk and implements procedures, including maintaining a sufficient level of cash and cash equivalents deemed adequate to finance the group’s operations, rolling forecasting the group’s unutilised credit facilities, and rollover of the short-term borrowing.
Fibre2Fashion News Desk (RR)
Fashion
Retech to showcase precision godet technology at Techtextil 2026
Advanced induction heating concepts, available in single-zone or multi-zone configurations, ensure highly accurate temperature profiles and excellent temperature uniformity over the entire godet surface, precisely influencing yarn properties such as tenacity, elongation, and shrinkage to achieve a highly consistent final product.
Retecch develops precision godets and draw frames for heated, ambient and cooled fibre processes up to 400°C.
Its advanced induction heating ensures uniform temperature control, optimising yarn tenacity, elongation and shrinkage.
Energy-efficient systems, robust design and the UTR-6A non-contact monitoring solution support reliability, machine uptime and sustainable production.
Energy efficiency and long-term reliability are key elements of the RETECH godet concept. Energy-optimised heating systems and efficient drive solutions are combined with a robust mechanical design to achieve extended service life and maximum machine availability.
The proven non-contact temperature measuring and transmission system UTR-6A continuously captures temperature data directly from the rotating godet and transfers it to the UCR-6 controller for regulation. This enables preventive measures to protect the godet, bearing system and induction heater, while ensuring stable production conditions and supporting the sustainability of the overall fibre manufacturing process.
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)
Fashion
US’ Old Navy launches little navy, a new newborn essentials collection
“We designed this collection with parents in mind. Shopping for a newborn, as a gift or for your own, should feel joyful and easy. Everything is intended to be mixed together and matched — it’s fun, it’s emotional, and the value is incredible.”. – Sarah Holme, Head of Design & Product Development for Old Navy.
Old Navy has introduced Little Navy, a new collection of newborn essentials designed to simplify early-stage shopping and gifting.
The range includes layettes, hats, booties and mix-and-match basics in soft, seasonless colours and cosy fabrics.
Sized for babies up to 24 months, the line focuses on comfort, versatility, emotional appeal and strong value for modern parents.
Little Navy goes beyond onesies, offering layettes, hats, booties, and more, all in one convenient collection and no extra searching required. It features a soft, seasonless color palette, cozy fabrics, and versatile styles made for newborns and babies up to 24 months, with sizing that allows Little Navy to grow with baby.
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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