Cobalt Fashion, one of the world’s largest knitwear groups and a joint venture between the Fung Group and South Ocean Knitters, has opened a new ‘CS Innovation Lab’ at their headquarters in Hong Kong for powerful supply-chain efficiency gains.
The CS Innovation Lab is a collaboration between Cobalt and innovation partner Shima Seiki, the Japanese company behind the world’s most advanced computerized flat knitting machines. The Lab will permit the two partners to collaborate more closely on areas including advancing 3D and virtual design capabilities and driving efficiency gains in the design-to-production part of the supply chain.
Cobalt is made up of four knitwear divisions serving brands and retailers worldwide across a wide range of market segments from mass market to premium. The launch of their CS Innovation Lab coincides with the unveiling of Cobalt Centre; the company’s newly renovated office space which includes both the innovation lab as well as a design hub.
The R&D lab offers an environment to experiment and rapid prototype. The partnership leverages Cobalt’s market intelligence, sourcing capabilities and extensive knowledge in knitwear and yarn along with Shima Seiki’s advanced knitting technology.
“Cobalt is innovation-led and the lab enables us to discover the ideas, technologies, and solutions to produce better materials and knitwear for our customers. Since joining forces with South Ocean last year, we have built a world-class knitwear company with design and production capabilities to supply the best global brands and retailers,” said Leung Wai Ping, CEO of Cobalt Fashion.
“In Shima Seiki, we have now found a strong technology partner. The Lab is an exciting next step in our journey to innovate and redefine the knitwear industry with cutting-edge knitwear technology,” she continued.
The company said that “The Lab will carry out highly specialized research and development and develop innovative technology and solutions to deliver quicker, more accurate solutions that address fast-changing market trends and needs, creating a win-win situation for everyone along the supply chain. Cobalt’s Design Hub and state-of-the-art Innovation Lab will service all the divisions under Cobalt Fashion.”