News H&M issues €500m green bond STOCKHOLM – Swedish fast fashion giant, H&M Group has issued a €500m green bond with a maturity of eight years Read More »
News Spinnova unveils blended denim fabrics at Kingpins AMSTERDAM – Spinnova, the Finnish recycled textile material company, has this week presented its first blended denim fabrics made with Read More »
News Renewcell shares plunge 77 per cent in a week STOCKHOLM – The share price of Swedish recycling technology company Renewcell has plunged 77 per cent after large quantities of Read More »
News Half of tracked H&M garments shipped to Africa STOCKHOLM – 5 out of 10 garments tracked with hidden airtags after being donated to H&M’s in store recycling programme Read More »
News Sluggish sales to hit cashflow at Renewcell STOCKHOLM – Poor sales are expected to hit profits and cashflow in the remainder of 2023 at recycling technology business Read More »
News Fast Retailing profits up 28 per cent TOKYO – Fast Retailing Co, owner of Japanese fast fashion brand Uniqlo, forecast 18 per cent growth in annual profit Read More »
News EURATEX calls for EU to push clean textile sector BRUSSELS – The European Apparel and Textile Federation, EURATEX, has called on the EU presidency to develop a new competitiveness Read More »
News Bangladesh think tank proposes doubling of garment worker wages DHAKA – The Centre for Policy Dialogue (CPD), an influential Bangladeshi think tank, has called for the minimum wage for Read More »
News Climate forum concludes on a high in Bangladesh DHAKA – The first ever initiative on climate action focusing on the fashion & apparel sector, the Bangladesh Climate Action Read More »
H&M sales down 16 per cent in third quarter 16th September 2020 No Comments STOCKHOM – Sales at fast fashion retailer H&M fell by 16 per cent in the third quarter compared to the corresponding period last year. The Read More »