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2015-02-09 12:00:00
India coming up with first yarn bank to support powerloom weavers
The Union ministry of textiles to provide powerloom weavers yarn at concessional rate has formed two special purpose vehicles (SPVs) namely Ved Road Art Silk Small Scale Cooperative Federation
2014-09-22 11:00:00
Bangladesh Central bank reluctant to give loan to jute millers from EDF funds
Bangladesh Central bank are reluctant to give jute millers loan from Export Development Fund (EDF) fund for import of capital machinery as it will impair the purpose of the fund and squeeze the
2023-06-20 18:00:47
Uzbekistan garment sector supported by New Better Work program
A New Better Work program is being launched in Uzbekistan by the International Labor Organization (ILO) and International Finance Corporation (IFC) to enhance working conditions and boost the
2023-03-07 16:41:23
Textile innovation company Byborre Raises 16.9 million
Dutch textiles innovation company ByBorre has raised €16.9 million ($18.3 million) in a series B investment that was spearheaded by a group of impact investors. Together with previous investors
2023-01-17 16:20:37
FibreTrace releases free digital blockchain solution ‘MAPPED’
Singapore-headquartered FibreTrace, a leader in traceability technologies, has released a free digital traceability solution to the textiles and clothing industry. MAPPED depicts the worldwide
2022-08-18 19:02:00
South Korean biomaterials company Mycel raises $10M in funding
South Korean biomaterials company, Mycel, has announced that it has secured $10 million (13 billion WON) in pre-Series A investment. Co-founder and CEO of Mycel Sungjin Sah, said that Mycel
2022-08-12 11:17:07
Crystal partners EarthDay to support its reforestation efforts
Crystal International Group has teamed with the nonprofit non-profit EarthDay.org, to support its reforestation efforts in Bangladesh. The Canopy Project, a cornerstone of EarthDay's work,
2022-07-01 08:00:56
PVH partners with HSBC team on sustainable supply chain finance program
HSBC Bank USA and apparel giant, PVH Corp have announced the first sustainable supply chain finance program that is based on suppliers' sustainability ratings and related to both environmental and
2022-06-09 17:29:23
Apparel Impact Institute launches US$250M fund to tackle fashion emissions
Nonprofit organization, the Apparel Impact Institute (Aii), has announced the lead funders in its new US$250M ‘Fashion Climate Fund’: Lululemon, H&M Group, H&M Foundation, and The
2022-05-27 17:17:25
Bold Metrics Inc raises $8 million in Series A funding
San Francisco-based, Bold Metrics Inc., an AI-first SaaS company that helps businesses harness the potential of body data, has raised $8 million in Series A funding. The fresh fundraising round, led
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