SINGAPORE, May 22, 2026 /PRNewswire/ -- Recently, Singapore Time Innovation Investment Holding Group ("STI Group") announced the completion of its acquisition of Genesis Source, a century-old haute bespoke brand based in Milan, Italy. With a legacy spanning 101 years, the handcrafted tailoring house now enters a new phase of global development at the intersection of tradition and the future.
Genesis Source stands as a hallmark of Italian excellence in high-end bespoke tailoring. Its founder, Gavino Scano, was born in Sardinia, Italy in 1901. After beginning his apprenticeship at the age of 12 in his hometown, he moved to Milan to refine his craft. In 1925, he officially established Genesis Source. Across three generations, Genesis Source has upheld uncompromising craftsmanship standards, achieving elegance and comfort in every garment with millimeter-level precision.
Yet the true value of Genesis Source extends far beyond its craftsmanship. The brand's enduring strength over a century is rooted in the founding philosophy instilled by Gavino Scano. He often told clients: "I have spent my life making suits. What matters most is that the suit follows the person—not that the person adapts to the suit. You need not conform to society's expectations, nor adjust yourself to pre-existing rules, nor force yourself into the rigid frameworks of the world." Gavino frequently emphasized two guiding principles: "Never bend" and "You conform to none"—a message that "you do not need to conform," serving both as a personal credo and a tribute to every client.
For STI Group, this acquisition is not about reinvention, but continuation. The Group respects the brand's origins and preserves the founder's spirit, adopting "Never bend" as the core heritage statement. The strategy of the acquisition is to bridge timeless craftsmanship with future markets, overcoming the geographical limitations traditionally associated with Italian bespoke tailoring. STI Group will empower the brand with global channel resources and digital capabilities, introducing a high-precision 3D bespoke system to enhance service efficiency, while retaining the original master artisans to oversee key handcrafted processes—ensuring that a century of craftsmanship can reach a broader global audience.
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A Century of Italian Craftsmanship Embarks on a New Global Journey -- STI Group Completes Acquisition of Heritage Milanese Bespoke Brand Genesis Source
BEIJING, May 22, 2026 /PRNewswire/ -- An innovation and entrepreneurship competition will be held in Hefei, the capital city of east China's Anhui Province, from May to September 2026, aiming to accelerate the introduction of global sci-tech talents and high-quality innovation and entrepreneurship projects to the Grand Union of Innovation (GUi), the province's innovation hub.
Themed "Go with Dream", the 2026 Global Tech Talents Innovation and Entrepreneurship Competition is soliciting sci-tech innovation projects mainly from overseas and out-of-province sci-tech talents and research teams from now till July 31. The preliminary round of competition will begin in August, and the finals in September.
Designed in line with the industrial development plan of Hefei, the competition features three tracks: leading industries, emerging industries and future industries. Projects to be submitted should represent original innovation achievements of participating teams with big market potential, while aligning with the city's industrial development priorities.
The three tracks cover a wide range of cutting-edge sectors, including intelligent connected new energy vehicles, new-generation information technology, new energy, high-end equipment manufacturing, artificial intelligence, low-altitude economy, commercial aerospace, quantum technology, deep space exploration, nuclear fusion energy and hydrogen energy, and 6G technology.
Jointly organized by GUiTEK Service Platform (Anhui Province) Co., Ltd. and the Global Alumni Affairs of USTC Innovation Valley, the competition will award first, second, and third prizes and honorable mentions for each track, with a total prize pool of 4.2 million yuan. Winning teams that register their projects and carry out substantial operation in the GUi within nine months after receiving the award will be eligible to claim the prize money.
In addition, the organizers will offer a "Dream Fund" incentive system worth 100 million yuan to provide all-round support for the outstanding projects. Eligible award-winning projects will enjoy preferred access to dedicated support from the GUi, free short-term accommodation and up to six months of rent reduction or exemption for workspace, roadshow matchmaking services with venture capital and private equity funds, start-up loan support, and scenario-based matchmaking with local leading enterprises.
Through the competition, the organizers aim to explore a new talent introduction model featuring "competition experience -- short-term transition -- long-term settlement", attracting more sci-tech talents to settle in Hefei while accelerating the concentration of more high-quality sci-tech innovation resources in the GUi.
Original link: https://en.imsilkroad.com/p/350666.html
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Xinhua Silk Road: Anhui launches innovation and entrepreneurship contest to attract global sci-tech talents