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2016-12-19 15:00:00
Bombay Dyeing’s makeover with investment and expansion plan
Bombay Dyeing, one of the oldest textile businesses in India controlled by the Nusli Wadia family, is slowly putting in place the building blocks to revive its flagship textile business with
2023-11-07 16:49:37
Recycled polyester makers partner with Ambercycle to boost sustainable fashion
Virgin, a well-known brand, has joined forces with a company called The Far Eastern Group, which specializes in making recycled polyester textiles. Their aim is to support the growth of sustainable
2023-07-10 17:20:25
Sri Kannapiran Mills receives $2.5 million investment from the Good Fashion Fund
Sri Kannapiran Mills Limited (SKML), a leading Indian manufacturer of sustainable denim fabrics and cotton yarn, has received an investment from the Good Fashion Fund totaling $2.5 million, or Rs.
2023-03-17 17:35:55
TreeToTextile invests €35 million to build its demo plant in Sweden
TreeToTextile, owned by H&M Group, Inter IKEA Group, Stora Enso, and LSCS Invest, invested €35 million in building a textile fiber process technology demonstration plant in Sweden. From 2016
2022-12-06 09:53:00
Good Fashion Fund reveals results of its first investment
The Fashion for Good and Laudes Foundation's Good Fashion Fund, an initiative to promote environmentally friendly production methods for clothing, recently showed the results of its initial
2022-09-13 18:08:05
Lenzing signs deal for solar power plant with Enery
The Lenzing Group, a global leader in the production of wood-based specialty fibers, has agreed to supply Enery and Energie Steiermark with electricity in order to fund the construction of a solar
2022-06-30 17:46:42
Evolved By Nature raises US$120m investment
Boston-based biotechnology company, Evolved By Nature, the business developing a library of Activated Silk molecules from natural silk protein, announced that it has closed $120 million in Series C
2022-06-30 07:55:59
Seaweed yarn maker Algiknit secures US$13m investment
Biomaterials company, AlgiKnit, which makes yarn from kelp seaweed, has announced that it has secured US$13 million in a Series A investment round and opening of its new manufacturing site in North
2022-03-31 11:17:56
EURATEX welcomes EU ambitions to act on sustainable textiles and investments
The European Commission (EC) has issued its long-awaited sustainable textile strategy, with the goal of moving the industry toward sustainability. The European Union's (EU) objectives to act on
2022-03-22 14:52:54
Spinnova makes progress with its in-house spinning facility
Finnish sustainable fiber producer, Spinnova, has secured a location for its in-house spinning plant, which it claims will allow for quick product development projects with various brand
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