SWEDEN: Textile Exchange Gets $2.6m
TextileSolutions, which operates an interactive marketplace for textiles, said it raised 3m euros ($2.64m). The funding came from Textil Manuel Goncalves (TMG), a Portuguese textile company. The company will use the funding for general working capital and to initiate strategic partnerships. TextileSolutions is a complete online marketplace and resource centre for the textile industry. It brings together buyers, sellers and designers in an interactive market on a global basis. When deals are contracted, TextileSolutions.com supports the whole order process, such as quality checking, credit rating, payment and ordering of global logistics. The company claims that it reduces transaction costs by up to 30 per cent and that lead times are cut by two weeks. TextileSolutions also provides integrated order management systems for the textile industry.For more information, visit
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-style gives you the widest apparel and textile market coverage.
Paid just-style members have unlimited access to all our exclusive content - including 16 years of archives.
It’s our best ever membership offer – just for you.
Leonie Barrie, editor of just-style
- Fashion fit for the future – strategies for speed
- Digitisation to drive new apparel-making models
- Will new Vietnam wage hinder competitiveness?
- Under Armour Lighthouse will disrupt production
- How TAL Apparel is staying ahead of the game
- Child refugees found in Turkey apparel factories
- Gap to shutter all UK Banana Republic stores
- Chinese manufacturer invests $20m in US facility
- Reebok Liquid Factory reinvents shoe production
- M&S "unappealing" clothing a barrier to growth
- Africa-Med strategic sourcing review – comparing East Africa, North Africa and Turkey
- REPORT BUNDLE: Africa-Med, Southeast Asia and Central America strategic sourcing pack
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- Apparel (GLOBAL) - Industry Report
- Global Sports and Fitness Wear Market 2016-2020