MN Inter-Fashion acquires trademark rights to Ventile
Tokyo-based MN Inter-Fashion Ltd, which procures and sells high-performance materials, textiles, apparel and fashion accessories, has acquired the trademark rights to the global high-performance weather-resistant cotton fabric brand Ventile.
In a statement, MN Inter-Fashion said acquiring Ventile would expand its high-performance textile portfolio following its success with Pertex, a high-performance fabric brand originating from Lancashire, England, from Perseverance Mills.
MN Inter-Fashion secured the Ventile trademark rights through an agreement with Stotz & Co. AG (Switzerland) and Daiwabo Spinning Co., Ltd. (Japan).
The Japanese company added that it will continue a partnership with Weichert GmbH, the existing European production and sales operations of Ventile, including retaining brand director Daniel Odermatt and sales manager Wolfgang Müller.
With established European operations continuing, MN Inter-Fashion said its focus would be pursuing new product development in Japan and other Asian countries to address a wider range of performance and sourcing needs.
Ventile is a weather-resistant cotton fabric developed in the late 1930s by The Shirley Institute in Manchester, England. The material has a proven track record, having been originally used in British Royal Air Force immersion suits, it was later adopted by the early pioneers of mountaineering and polar expeditions. In the 1990s, production was contracted to Switzerland-based Stotz, which subsequently acquired the business in 2017. Today, Ventile is used worldwide in high-end fashion, outdoor sportswear, luxury bags and footwear.
Daniel Odermatt, brand director at Ventile, said: 'This marks a new and exciting chapter for Ventile. The acquisition by MN Inter-Fashion not only strengthens Ventile's presence in Europe but also opens further avenues for innovation and development across Asia.
'At Ventile, we remain deeply committed to producing high-quality textiles. With our established team continuing operations in Europe and MNIF's strong network in Asia, we're confident this move will allow us to further strengthen and elevate the brand. We look forward to building on our legacy, forming new partnerships, and continuing to support the designers who are shaping the future of the industry.'
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Belfast Telegraph
2 hours ago
- Belfast Telegraph
NI hotels join compensation action against Booking.com's ‘anti-competitive' practices
The action — involving more than 25 European countries and which could cost millions of euros — follows the judgment by the European Court of Justice (ECJ) on September 19 last year, which found that the platform's parity clauses breached EU competition law. However, has previously said it is unaware of any pending legal action and suggested the case appeared to be based on 'incorrect and misleading' information. 'This is a chance for hoteliers to stand up for their rights, recover financial losses, and promote a fairer online marketplace,' said Janice Gault, Chief Executive of the Northern Ireland Hotels Federation (NIHF). 'This legal action is unprecedented, and the Federation is supporting it on behalf of its members to secure full compensation for hotels affected by anti-competitive practices. 'For over 20 years, the platform's parity clauses have posed serious challenges for the local hotel sector, leading to significant financial harm through inflated commission fees. 'This is not only about exposing unfair business conduct but also about seeking meaningful financial redress.' In 2021, unilaterally terminated corresponding compensation negotiations with the German Hotel Association (IHA) and started legal proceedings against several hundred German hotels before the Amsterdam District Court. An interim result of this (pending) process is the ruling of the European Court of Justice from September 19 2024, which confirmed findings of the German Federal Cartel Office that the platform's parity clauses breached EU competition law. This has resulted in claims for damages for hotels throughout Europe, which are now to be asserted with the class action supported by HOTREC, an umbrella group representing hotels, restaurants and cafes in Europe. The federation said that over the past 20 years, these parity clauses placed Northern Ireland hotels at a significant competitive disadvantage and that they suppressed price competition between and other online platforms, leading to inflated commissions paid by hotels. In addition, the clauses restricted hotels from offering better prices or availability on their own websites, limiting direct sales and autonomy. The federation added that use of anti-competitive parity clauses caused 'substantial financial harm to hotel businesses across Northern Ireland'. Under the general principles of European competition law, hotels in Northern Ireland are entitled to claim compensation from for the financial losses suffered. Affected hotels may also be eligible to recover a significant portion of commissions paid to in any period from 2004 to 2024, plus interest. The NIHF said they are actively working with affected hotels, guest accommodation providers and guesthouses across Northern Ireland to guide them through the next steps in joining the collective legal action against The case will be led and handled by a team of competition lawyers, litigators, and competition economists, who have already successfully achieved the ECJ's judgment last September. The legal claim will be brought before the courts in the Netherlands, with hotels having until July 31 to sign up to the damages litigation. The Irish Hotels Federation is one of dozens around Europe involved in the action. In a statement to RTÉ News last week, said it is 'not aware of any European wide legal action being taken by hotels'. It added that: 'The ECJ judgment relates specifically to questions asked by the Amsterdam District Court in relation to litigation between and some German hotels disputing the legality of price parity clauses in Germany between 2006 and 2016 — the court did not conclude that German parity price clauses were anti-competitive or had an effect on competition. The Amsterdam Court will now need to make a decision specifically on German parity clauses only.'
Scottish Sun
4 hours ago
- Scottish Sun
Nottingham Forest ‘write to Uefa over Crystal Palace Europa League decision' as they stand to benefit from Eagles ban
Forest took necessary precautions to avoid a similar fiasco TRICKY TREES Nottingham Forest 'write to Uefa over Crystal Palace Europa League decision' as they stand to benefit from Eagles ban Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) NOTTINGHAM FOREST have reportedly written to Uefa over concerns about Crystal Palace taking part in the Europa League. Palace's historic FA Cup final win over Manchester City booked their place in Europe for the first time. Sign up for Scottish Sun newsletter Sign up 2 Crystal Palace's European dreams could be ruined over an ownership issue Credit: AFP 2 The Eagles lifted the FA Cup at Wembley to secure a Europa League spot Credit: Getty But complications around John Textor's stake in both Palace and French club Lyon have resulted in the South Londoners' spot being in doubt. Uefa rules on multi-club ownership prevent any two clubs controlled by the same person or group from competing in the same competition. Both Palace and Lyon have qualified for next year's Europa League, but the Ligue 1 side would have precedence as they finished higher in their domestic league. And now The Times state Forest made contact with European football's governing body to highlight the potential breach. Should Palace be kicked out of the Europa League, it is understood Nottingham Forest would be promoted from the Conference League and take the Eagles' Europa League place. Forest themselves made the necessary changes to their ownership structure when it became apparent both they and owner Evangelos Marinakis' other team Olympiacos could both qualify for the Champions League. THIS IS A DEVELOPING STORY.. The Sun is your go to destination for the best football, boxing and MMA news, real-life stories, jaw-dropping pictures and must-see us on Facebook at and follow us from our main Twitter account at @TheSunFootball.
Daily Mirror
4 hours ago
- Daily Mirror
Nottingham Forest write to UEFA to 'express concern' over Crystal Palace
Nottingham Forest have spoken to UEFA to express their concern over Crystal Palace's potential involvement in the Europa League as the FA Cup winners attempt to prove their breached no rules Nottingham Forest have written to UEFA to express concern over Crystal Palace potentially participating in the Europa League given the multi-club ownership rules that are in place. John Textor, the American businessman who has a 43 per cent stake in the Premier League side, also owns Lyon, who have qualified for Europe's secondary competition. The Eagles hierarchy have met with UEFA officials to try explain Textor's situation. Forest however can stand to gain if UEFA do choose to kick Palace out of the Europa League. The Nottingham outfit enjoyed a stellar year, challenging for the Champions League, but eventually having to settle for the Europa Conference League after finishing seventh. However they could be bumped up if Palace fall foul of UEFA's rules and the Times reports that they have been in contact with European football's governing body regarding the matter. Much may yet depend on whether Lyon themselves are allowed to play in the Europa League. UEFA's Club Financial Control Body (CFCB) disqualified Lyon from European competitions in December but allowed them to continue after the club met certain demands. However the French side are being 'carefully monitored' by the CFCB and could be disqualified from next season's Europa League for any breaches. It is understood that Palace case could end up at the Court of Arbitration for Sport. Forest could also take the matter to the courts if the Eagles are still deemed eligible. UEFA have previously been rigid in their application of their rules which could count against the FA Cup winners. Eagles shareholders Textor and David Blitzer want to put their shares in a blind trust to ensure the club can compete in Europe next season - but UEFA claim their request has come too late. UEFA rules state that such ownership changes must take place before 1 March to take effect in time for the following season. Forest owner Evangelos Marinakis has transferred his shares given his Greek club Olympiacos have qualified for next season's Champions League. Blitzer is also an owner of Danish club Brondby who qualified for the Conference League. It means there could be issues should Palace want to drop down into that tournament instead. Manchester City and Manchester United both used blind trusts to remain compliant with UEFA's multi-club rules last season. Their partner clubs, Girona and Nice, also qualified for the Champions League and Europa League respectively. Join our new WhatsApp community and receive your daily dose of Mirror Football content. We also treat our community members to special offers, promotions, and adverts from us and our partners. If you don't like our community, you can check out any time you like. If you're curious, you can read our Privacy Notice.
