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Textile is an inevitable part of the healthcare sector. Excellent functions and innovation are required in the field of healthcare textiles. Healthy and steady growth is seen in this field.
It is reported that OMG, a functional sportswear brand, has recently completed an angel funding round of tens of millions of RMB, exclusively invested by Plum Ventures.
Advances in space technology have made it possible for mankind to realize the dream of travelling into space. The astronauts' every move in space is under scrutiny, and the ground needs to keep a close eye on the astronauts' health and makes timely adjustments.
The delegation led by Li Zhongfu, Director of Standing Committee of the People's Congress in Changyi City, Weifang City, Shandong Province visited Liutuan Town for business investigation.
On the evening of December 1, 2021, Ruyi Group disclosed the plan of asset replacement. The company and its wholly-owned company Ruyi New Material planned to take some accounts receivables and inventories as the purchased assets. The original value of the account was RMB 984 million in total. It conducted asset replacement with some equities of LYCRA New Material (Foshan) Co., Ltd., (hereinafter referred to as "Foshan LYCRA") held by the company's affiliated party Wanzhong Entrepreneurship.
Japanese fast fashion giant UNIQLO has launched a campaign in Japan to "pay" customers to recycle their used HEATTECH or down jackets since a few days ago.
On September 10, 2021, Luolai Home Textiles started the first step of environmental program and announced a new cooperation with Lenzing Group in Austrian, a supplier of raw materials at the Spring/Summer 2022 Ordering Meeting of Luolai Home Textiles.
Gucci, an Italian luxurious brand subordinated to Kering Group, issues its first Environmental and Social Impact Report, which overviews actions with positive changes to human beings and earth from Planet to People, with an emphasis on the progress made on environment.
On July 5, 2021, Sateri, as one of the world's largest recycled cellulose fiber manufacturers, participated in the latest round of financing of 30 million euros completed by textile fiber technology group IFC (Infinited Fiber Company), to further deepen its cooperation with IFC. Besides existing investors such as Sateri, the round of financing has attracted a number of well-known transnational enterprises such as Adidas and Bestseller Fashion.