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2022-09-08 14:09:24
Euratex urges a unified approach to tackle energy crisis
A unified European approach to address the energy problem has been demanded by the European textile and apparel industry, as represented by EURATEX. In order to protect the industry's future, the
2022-08-30 21:07:29
PET Baltija acquires Czech fibre producer
One of the biggest PolyEthylene Terephthalate (PET) recyclers in Northern Europe, PET Baltija, has agreed to acquire Tesil Fibres s.r.o., a well-known Czech fiber manufacturer and a spin-off of
2022-07-20 19:04:09
Primark expands its partnership with recycled cotton producer Recover™
Primark is expanding its partnership with recycled cotton company Recover™ and will become the first high-street retailer to utilize Recover's distinctive RColorBlend fiber on a worldwide scale
2022-07-08 06:20:20
Simplifyber raises $3.5M to scale business
Simplifyber, Inc, the cleantech producer of footwear and clothing “created in a lab, not in a factory”, has announced the closing of a $3.5M round of seed funding led by At One Ventures. The
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
2022-06-30 07:53:59
ILO, Bangladesh govt launches workplace injury insurance pilot for garment workers
The International Labour Organization (ILO) and a number of clothing companies, including H&M Group, Fast Retailing, and Bestseller, have collaborated on a pilot project to give income
2022-06-22 18:00:56
EcoVadis raises $500 million investment
EcoVadis, the leading provider of globally trusted business sustainability ratings, has raised $500 million to achieve its vision of becoming a sustainability impact unicorn by impacting every
2022-06-12 16:48:35
Recover raises 100 million dollar minority investment
Recover™, a leading materials science company and producer of sustainable, premium recycled cotton fiber and cotton fiber blends, announced the closing of a new $100 million minority equity
2022-06-08 15:35:17
Shein launches USD50 million charitable fund to aid Or Foundation
Chinese fast-fashion giant, Shein, has launched a new USD50 million fund to promote recycling, with The Or Foundation, a U.S. and Ghana-based not-for-profit organization at the intersection of
2022-06-03 01:00:19
Lenzing's Veocel brand joins environmental advocates
The Veocel brand of Lenzing has announced the introduction of the 'Veocel Cares for the Future' campaign, which will begin on World Environment Day 2022 internationally and regionally. The 'cares
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