The team behind the failed online marketplace Etexx.com has resurfaced with a new software package for creating and managing private Internet and Intranet platforms in the textile industry.

Led by its Etexx's founder and CEO Frederic Allard, Texconnexion is tailored to the needs of textile industry trade shows. It takes its inspiration from the lessons learned at Etexx, which provided a virtual exhibition space for over 250 of Europe's largest weavers but was shut down in June when it was unable to raise additional financial support from investors.

"That's when we realised," explains Frederic Allard, "that the market wasn't ready for large centralised marketplaces. Instead, textile industry players want to install and manage their own solutions. Which is how Texconnexion came into being. We responded to the need for a software package expressly designed for the textile industry".

The new product enables the show organisers to custom-set parameters to create and manage their own online product show. Modular and integrated, the features allow fabric presentations, sourcing, negotiating, purchasing and sales to take place in a collaborative framework.

The software is available to rent, with rates calculated according to the number of visitors to the virtual show.