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BlockTexx begins construction on the first textile recycling facility
BlockTexx, Australia's first textile recycling plant, has begun construction, with the goal of diverting 4,000 tonnes of textiles from landfills in its first year. BlockTexx expects the plant in
ACS Clothing receives a grant of 2.5 million pounds
Scottish fashion logistics firm ACS Clothing Limited (ACS) that helps brands and retailers launch resale and rental models, has raised £2.5 million (US$3.4 million) in investment to expand its
Phnom Penh garment unit becomes Cambodia's first LEED-certified plant
The XO Tex Industrial Co Ltd garment factory in Phnom Penh, owned by Hong Kong-based Luen Thai Holdings Ltd (Luenthai), recently became the first building in Cambodia to get ‘gold' certification
Second-hand fashion platform Vinted raises €250 million
Vinted, a second-hand fashion platform based in Lithuania, has raised €250 million in a Series F round led by EQT Development. Previous investors Insight Partners, Accel, Burda Principal
Lenzing collabs with global supply chain leaders to launch Lyocell Hemp denim
Austria-based Lenzing launched the Bast Recast collection at Kingpins24 that showcases the strength of teamwork, with a Tencel lyocell hemp blend and environmentally responsible solutions from
Bally introduces eco-friendly products to mark its 170th Anniversary
On the 170th anniversary, the Switzerland-based company Bally launches a collection of eco-friendly bags and accessories for spring 2021. During the Milan Fashion Week, ahead of the company’s
Seed funding raised by a bamboo textile brand
Sustainable brand Ettitude has shut a US$1.6 million seed round in the US, showing increasing international demand for its natural bamboo textile solutions. The new investment goes towards
Who’s paying the garment workers?
As U.S. and European brands and retailers cancel or suspend orders amid the deepening coronavirus pandemic, labor advocates are demanding restitution for the millions of garment workers in Asia who
H&M in talks to support Bangladesh workers during COVID-19
Fashion giant H&M said on Tuesday it is working with other companies to support garment workers in Bangladesh, where more than 2 million have been hit by factory closures as coronavirus lockdowns
Polyester Chain report 2012
PREFACE Continuing its strive to create authentic and up-to-date information base for the textile community YnFx’s for the past few years have been releasing series of in-depth