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Paradise Textiles plans US$102m Egypt fabric plant
ALEXEANDRIA – Paradise Textiles is investing US$102m in a new integrated fabric manufacturing facility in Egypt, in Alexandria’s Amreya Public
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Ghana factory aims to put Savelugu on sourcing map
SAVELUGU – Northshore Apparel is building a major new garment factory in Northern Ghana as it seeks to put Savelugu
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Caastle founder pleads guilty in $300m fraud case
WASHINGTON – Christine Hunsicker, founder of fashion rental technology company CaaStle, has pleaded guilty in the US to securities fraud.
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Shein faces fresh chemical safety claims in EU
BERLIN – Greenpeace says Shein is continuing to sell clothing and footwear containing hazardous chemicals above EU limits. This is
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Primark shortlisted for German greenwashing award
HANOVER – Primark has been nominated for Germany’s 2026 ‘Golden Vulture’ greenwashing award, by campaign group Deutsche Umwelthilfe. The group
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UK clothing suppliers report widespread unfair buying practices
LEICESTER – A survey of UK clothing manufacturers has found that unfair purchasing practices by brands and retailers remain widespread.
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BlackRock linked to Vinted secondary share deal
NEW YORK – Vinted is set to bring BlackRock onto its share register in a secondary share deal that could
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Carbios rejects claims by former exec and files criminal complaint
PARIS – French biotechnology firm Carbios has rejected allegations by a former executive and filed a criminal complaint for what
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U.S. Cotton Trust Protocol in regenerative cotton push
MEMPHIS – The U.S. Cotton Trust Protocol has opened grower enrolment for 2026, with new measures designed to verify regenerative
Fresh funding for yarns-from-seaweed business
27th November 2018
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NEW YORK – AlgiKnit, a biomaterials company which is developing yarn spun from kelp, has announced a US$2.2m Series Seed round of financing led by
Boohoo tells MPs about loss-leader £5 dresses
27th November 2018
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LONDON – Online apparel brand Boohoo is selling some dresses at a loss to drive website traffic. Carol Kane, joint CEO of Boohoo, explained the
“Price issue is getting worse” … RMG factories speak out
27th November 2018
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DHAKA – Bangladeshi garment suppliers are still being driven down on price by apparel brands and retailers – but some brands take a more enlightened
H&M closes down Cheap Monday
27th November 2018
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STOCKHOLM – Swedish fast fashion brand H&M is to close down its Cheap Monday skinny jeans brand amid declining sales and profits. The brand operates
Is China’s sustainable viscose ‘roadmap’ greenwash?
27th November 2018
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LONDON – A new report claims Chinese viscose factories which have signed up to a high-profile industry sustainability initiative are continuing to violate government regulations.
