
Texaid files for insolvency as textile recycling crisis deepens
ZURICH – One of Germany’s largest textile recycling firms has filed for insolvency, the latest casualty in a waste textiles

ZURICH – One of Germany’s largest textile recycling firms has filed for insolvency, the latest casualty in a waste textiles

NORTH CAROLINA – US-based recycling start-up Syre has announced strategic partnerships with Gap Inc., Houdini Sportswear and Target. The move

LONDON – Luxury fashion brands including Coach, Louis Vuitton and Hugo Boss are sourcing leather from tanneries in Italy that

BRUSSELS – The European Council has agreed a position on controversial plans to scale back key EU sustainability laws after

LONDON – Colorifix, the UK-based company developing microbe-based dyeing solutions, has raised US$18m in a funding round led by Inter

BRUSSELS – The European Commission has announced its intention to withdraw the Green Claims Directive, key legislation aimed at curbing

ZURICH – Better Cotton has announced a formal shift towards becoming a regenerative agriculture standard within the next 12 months.

SYDNEY – Woolmark has partnered with textile technology company Colourizd to launch a wool colouring process aimed at reducing environmental

BEIJING – Shein has released its 2024 sustainability report, highlighting efforts across emissions reduction, supply chain governance and circularity. The

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

LONDON – Online apparel brand Boohoo is selling some dresses at a loss to drive website traffic. Carol Kane, joint CEO of Boohoo, explained the

DHAKA – Bangladeshi garment suppliers are still being driven down on price by apparel brands and retailers – but some brands take a more enlightened

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

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.
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