Press releases
View our latest press releases below. And sign up to our newsletter for regular updates.
Press releases
View our latest press releases below. And sign up to our newsletter for regular updates
Need materials? Ask Frank
We’ve got a new sourcing expert we’d like you to meet. His name is Frank, and he’s ushering in a new era of fabric sourcing for brands across the globe. Learn more about Frank and his story here.
Need materials? Ask Frank
We’ve got a new sourcing expert we’d like you to meet. His name is Frank, and he’s ushering in a new era of fabric sourcing for brands across the globe. Learn more about Frank and his story here.
Material Exchange hires executive to spearhead new U.S. sourcing division
Material Exchange has created a new position – Vice President of Apparel and Sourcing – and has a new hire to fill it. Get all the details of who this will be and what plans the company has for its US-based customers in this press release.
The debut of Deadstock Depot hoodies
The Deadstock Debut’s presence at the Kingpins Show Pop-up Event in Hong Kong has been marked by the addition of a brand-new hoodie made entirely of deadstock materials. Read more about the creation of this casual wear and why it’s so important here.
Deadstock goes miniature at the Kingpins Show
The Kingpins Show in Amsterdam this fall has some unexpected guests scattered behind booths and tucked under roll-ups. These figures of a miniature stature seem to be dressed in clothing made from deadstock. Learn more in our latest press release here.
Textile consultant OTS joins the Material Exchange team
Material Exchange has just acquired Italian textile sourcing consultant Overseas Textile Service. Learn more about what this acquisition means for the two companies and for the fashion industry as a whole in our press release here.
Material Exchange launches their Deadstock Depot marketplace
Material Exchange is proud to announce the launch of its latest initiative, the Deadstock Depot. This marketplace connects brands seeking deadstock fabrics with suppliers who are selling them.
Material Exchange acquires Italian textile company Studio M.V.
Material Exchange expands as it acquires Studio M.V., an esteemed company based out of Vicenza, Italy and specialized in the full textile process from selecting fabrics to final finishes.
Material Exchange Raises €25 Million to Lead Sustainable Material Sourcing
Today, Material Exchange is announcing it has raised €25 million in Series A funding. Material Exchange is a B2B SaaS-enabled marketplace for the apparel and footwear industry which is digitizing the material sourcing process and replacing the complex, fragmented relationships that exist between brands and suppliers—with the goal of driving sustainability and efficiency across the $2tn fashion supply chain.
Material Exchange Ventures Launches a Global Digital Marketplace for Material Sourcing
Sweden, Oct 21, 2021. Material Exchange is launching its digital Marketplace as a next-gen sourcing platform for the footwear and apparel industry, which represents trillions of dollars annually. The platform replaces fragmented analogue sourcing processes with streamlined data for transparency, increased efficiency for reduced cost, and less waste for sustainability.
Material Exchange Acquires Olah Inc. Agency to Benefit Industry Transformation
Sweden, Oct 14, 2021. Today Material Exchange is announcing it has reached an agreement to acquire the agency division of Olah Inc., a multi-faceted New York-based firm focusing on the denim and sportswear industries, to support digital transformation in the material sourcing process. This decision expands their innovative digital platform beyond global digital sourcing into expert services.