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Town & Country Living Launches Eponymous Collection of Fully Coordinated Home Furnishings
Globenewswire· 2025-09-19 16:01
Company Overview - Town & Country Living has been in the home furnishings industry since 1954, known for creating products for major retailers and brands globally, specializing in home textiles for various rooms [1][6] - The company is recognized as the "brand behind the brands" and has evolved into a cross-category giant in the home furnishings sector [1] Brand Recommitment - Town & Country Living is reintroducing its own brand after years of operating under various licensed brands and private label programs [2][3] - The Chief Revenue Officer, Susan Wojewoda, emphasized the company's expertise in creating innovative and trend-right designs, now focusing on their eponymous brand [3] Product Offering - The upcoming collection will include a wide range of products such as kitchen textiles, table linens, shower curtains, towels, and decorative items, set to launch in Spring 2026 [4][5] - The product line aims to merge modernity with traditional aesthetics, catering to contemporary consumer preferences [4] Market Positioning - The strategic timing of the brand's reintroduction addresses current retail challenges, including tariff pressures and heightened consumer expectations, which require stronger value propositions from vendors [5] - Retailers are seeking partners that can simplify categories and enhance margins, and Town & Country Living is positioned to meet these needs with its comprehensive capabilities in design, development, and supply chain [6] Financial Context - Town & Country Living is a portfolio company of Prospect Capital Corporation, which reported total assets of $6.8 billion as of June 30, 2025 [7]
Gap widens between fashion’s climate progress and global targets
Yahoo Finance· 2025-09-18 12:01
Core Insights - The Textile Exchange's annual report indicates record-breaking material production in 2024, reaching approximately 132 million tonnes across all markets, which translates to four tonnes of fibre produced every second, contributing to an increase in greenhouse gas emissions [1] - Greenhouse gas emissions associated with raw material production in the fashion, home textiles, and footwear sectors have risen by 20% over the past five years, highlighting a concerning trend despite some companies reporting sustainability progress [2] - A record number of 423 brands and retailers are actively replacing conventional materials with certified sources, indicating a shift towards more sustainable practices within the industry [3] Industry Trends - The report emphasizes the critical moment for the industry, nearly 10 years post-Paris Agreement, as greenhouse gas emissions from raw material and fibre production continue to rise significantly, necessitating urgent action [4] - Companies are increasingly reporting their sustainability progress and investing in sourcing fibres from recognized standards and certification programs, which is essential for tracking industry progress and providing credible verification [4][5] - Approximately 34% of global cotton production now comes from certified sources, two-thirds of manmade cellulosic fibres are produced using certified or controlled feedstock, and half of all mohair is certified to Textile Exchange's Responsible Mohair Standard, showcasing advancements in sustainable sourcing [5]