Fashion Tech News

Champion Athleticwear, the iconic lifestyle brand born from sport in 1919, has announced its newest innovation: Eco Future Reverse Weave with CiCLO technology, a patented and science-based solution that allows synthetic textiles to behave more like natural fibres when they enter the environment.Over 60 per cent of today’s textiles are made with plastic-based synthetic fibres like polyester and nylon, which remain indefinitely in the environment because they are not inherently biodegradable. By incorporating CiCLO technology, the Eco Future Reverse Weave reduces plastic textile fibres in the environment by giving polyester an eventual expiration date. The collection also features dyes with ingredients derived from nature, including pomegranate, annatto fruit and terminalia chebula fruit. Th...

  ASX to open much higher on Monday ahead of RBA meeting Market predicts RBA will pause tomorrow Tesla shares down after unveiling its long-awaited Cybertruck Aussie shares are poised to open much higher on Monday on expectation that the RBA will keep rates steady at its meeting tomorrow. At 8am AEDT, the ASX 200 index futures was pointing up by +0.9%. Australia’s cash rate is still well below other advanced economies – as the UK, US and NZ cash rates all sit above 5% – and overall, the economy is proving resilient to the hikes, with unemployment still quite low at 3.7%. “So is the drop in the monthly CPI enough to convince Bullock that the cash rate rises have done their job? That’s probably a question now on many borrowers’ minds,” said a note from Mozo. ...