British manufacturer Pretty Legs Hosiery has received a £300k asset finance facility from Ultimate Finance, enabling the company to invest in new machinery so it can keep up with rapidly increasing demand for its Saphena compression stockings, designed to help prevent deep vein thrombosis (DVT). The company is on target to manufacture 2.8m pairs of compression stockings this year with 7.5m pairs being produced within five years, a growth fuelled not only by increased demand from the UK but also because the stockings have recently received FDA approval to sell into the American market.
The Saphena compression stockings have been developed over the last 10 years by teams from the University College London’s academic vascular unit, Pretty Legs Hosiery and UCL BioMedical. Originally designed for the medical sector, the stockings have since been adjusted to suit a wider audience and are now also used to provide relief from soreness and swelling for those on their feet all day, frequent travellers and pregnant women.
Reports have come in from the Derby Telegraph that iconic British manufacturer Courtaulds, established in 1919, ceased its operations yesterday resulting in a loss of 350 jobs. CUK Clothing which merged with Courtaulds in 2006 also went into administration, and the company partially blamed the BHS collapse for the situation as the high street retailer was one of Courtaulds’ largest customers.
Dilip Dattani, partner at RSM Restructuring Advisory and one of the administrators to Courtaulds, said: “The administration of BHS has added to the challenge of operating within a fiercely competitive market for seasonal products. This has left the directors with little choice but to place the companies into administration. Regrettably, we have been forced to make 350 employees redundant to align with the current order book, and we are assisting them with their claims to the Redundancy Payments service.”
Some of the brands produced in the Belper factory were Pretty Polly and Aristoc as well as private-label garments for retailers including hosiery, lingerie, casual wear, jackets and coats.
Stance and Major League Baseball (MLB) have announced a global partnership that names Stance the Official Sock of the league. As the brand that shook up the segment by injecting it with art and science, Stance will bring its ethos to MLB for the first time at the 2016 All-Star Game where the new Fusion Baseball socks will debut as part of the official uniform.
T-Mobile Home Run Derby participants, National and American League teams will have specific designs, and after the All-Star Game basic stripe and solid colourways will be worn by Major Leaguers for the remainder of the 2016 season. Stance, currently the official sock of the NBA, will also launch a more comprehensive range of styles for the 2017 season.
“There is nothing as prolific as the Major League Baseball uniform and we have been eyeing it for years as a potential canvas for the unique style Stance can bring,” said Clarke Miyasaki, EVP of Business Development at Stance. “It’s extremely rare for any brand to have such an impactful and unique opportunity, so we can’t wait to work with the league to bring an incredible performance sock to the best players in the world.”
Bluebella has launched a new hosiery collection, designed to complement the brand’s lingerie and nightwear collections. Taking inspiration from classic styles, the range of stockings and hold-ups features sheer, fishnet and seamed designs in classic black or nude for a chic, flawless finish.
Wolford, Monaco, 1995 © Helmut Newton Estate / Maconochie Photography
Helmut Newton, one of the most influential photographers of the 20th century, will be honoured with a retrospective that covers the entire Foam Fotografiemuseum Amsterdam. Sponsored by Austrian luxury brand Wolford, from 17 June the museum will display over 200 photographs and original prints, ranging from the rarely exhibited to his iconic works which of course include a powerful series of photographs produced for Wolford and shot in Monaco in the 1990s.
Supporting the event marks the beginning of Wolford’s long-term program promoting female artists. The first stage of the project will be presented during the Helmut Newton exhibition, where artist Sayuri Chetti will unveil her work of art made from Wolford yarns and materials. Sayuri Chetti was born in South Africa and has recently had her works featured in the renowned Kirseberg Temporära Konsthall in Malmö, Sweden.
Hercules Universal is celebrating its 10th anniversary with the release of a limited edition sock created in collaboration with the heritage brand Falke.
The white sock trend, key for summer 2016, is capsulised in the Falke X Hercules – a blend of a sports sock with luxury silk like material to create a true collectible.
The limited edition embroidered “coming of age” socks will be available for a short time in a handful of stores including Voo store in Berlin, Tom Greyhound in Paris, Papercut in Stockholm and Wer-haus in Barcelona.
The luxury men’s magazine with a Mediterranean flair and the century old, high-end legwear brand make a perfect match for men who are not afraid to spend on themselves and appreciate quality and luxury.
Falke X Hercules will retail for €35
Tired of only seeing plain bamboo collections on the market, Moch Socks have launched a line of super soft bamboo socks in 18 original styles. Designed in the UK and made from bamboo sourced in China, the collection is available in two sizes and combines the durability of cotton with the softness and anti-bacterial properties of bamboo.
“We started looking at how we could make super soft socks a reality and, after a lot of playing around with different fabrics and blends and two trips to China to meet bamboo fabric producers, we came up with a bamboo and cotton mix. Throw in a bunch of different colours and patterns, and Moch Socks became a thing,” says Maddy Cross, founder of Moch Socks.
To celebrate the launch, Moch Socks are offering 50% off with the code ‘MOCH50’.