The Chinese tanning group Xingye Leather has become a member of Material Exchange, an online platform for the procurement of material for footwear and fashion companies. Based in Stockholm, Material Exchange was launched in 2016. It was rolled out in the U.S. in 2018 and in China in 2019. At the end of last year, it secured $2 million in new seed funding. On its website, Material Exchange says it has the support of various companies, including Deckers, Caleres, Wolverine Worldwide, Steve Madden and Vince Camuto.
Related articles
ArticleMaterial Exchange raises €5 million to accelerate growth
Material Exchange , the Swedish online platform for the procurement of materials, raised €5 million in a funding round as it seeks to accelerate its growth plans after the “business exploded” during the Covid-19 pandemic. “The Covid-19 pandemic has accelerated the digitalization of the industry by at least five ...
- Article
Material Exchange rides the digitalization wave
Material Exchange , an online platform for the procurement of materials based in Stockholm, has seen growth in the number of its footwear and fashion supplier and brand members accelerate as the Covid-19 pandemic gives a new impetus to digitalization.
More Product & Marketing
- News briefs
Vans launches a digital livestream channel
Vans has launched Channel 66 , a digital livestream network broadcasting weekdays from New York City, Chicago, Mexico City, and Los Angeles to a worldwide audience. Channel 66 offers a live audio and video broadcast featuring DJ sets, radio shows, talks, workshops, and musical performances across music, art, ...
- News briefs
Baldinini in apparel license deal with Add
Baldinini , the Italian producer of luxury footwear, has signed a license agreement with Add , the brand of down jackets owned by the Italian company Comei Co , for the design and distribution of outerwear. Add will produce about 100 items of both men’s and women’s ...
- News briefs
Pod to be relaunched by William Lamb
The Pod brand will be relaunched with the forthcoming autumn/winter season after the footwear distributors William Lamb Group acquired the international license for the brand last year. The collection will comprise women, men and children’s shoes. The Pod footwear was originally launched in 1976. William Lamb ...
