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2023-09-28 18:06:41
LVMH Métiers d'Art acquires Grupo Verdeveleno
LVMH Métiers d'Art, a part of the well-known French conglomerate LVMH, has recently acquired Grupo Verdeveleno, a prominent Spanish company specializing in the tanning and finishing of exotic
2023-09-21 16:46:24
MycoWorks launches material facility for innovative leather alternative
MycoWorks, a biotechnology company, has started production at its new manufacturing facility in Union, S.C. This facility uses their innovative Fine Myceliumâ„¢ technology to create a leather
2023-09-01 17:03:15
Lenzing Group invests €100 million for sustainable fiber production
Lenzing Group has spent over €100 million on upgrading its PT South Pacific viscose plant in Purwakarta, Indonesia, since 2021. They've made significant technical improvements, including
2023-07-04 17:47:13
Bangladesh's fashion industry supported by Netherlands-based funds
The Good Fashion Fund (GFF), a Netherlands-based impact investment fund promoting sustainable practices in the fashion industry, has made its first investment in Bangladesh. Progress Apparel Ltd,
2023-03-09 13:18:41
MII's 2022 report reveals next-gen material companies raised US$456.75 mn in 2022
In 2022, next-generation material firms raised at least $456.75 million from 28 publicly reported acquisitions, according to a new study available for free from the Napa, California-based Material
2023-03-07 16:35:06
VF Corp closes second €500 million green bond
US fashion giant VF Corporation, has closed its €500 million (US$530m) green bond offering to boost its sustainability objectives. The North Face, Timberland, Vans, Supreme, and other brands
2023-02-20 13:20:55
Haelixa, Woolmark, Vitale to trace origin of wool
Swiss traceability company, Haelixa, The Woolmark Company, the prestigious Italian wool fabric mill Vitale Barberis Canonico (VBC), took part in a trial to trace Australian wool fibers up to the
2023-01-31 14:25:02
Fashion for Good expands circularity project to US
Fashion for Good launches the Sorting for Circularity USA Project, a new initiative focused on the North-American textile-to-textile recycling sector, which will give the most accurate
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
2022-12-05 14:28:00
Celtic & Co owner acquires ethical fashion Frugi
The assets and intellectual property of Frugi, an ethical childrenswear company, have been acquired by Refined Brands, the parent company of Cornwall-based fashion label Celtic & Co. It comes
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