News Inditex signs €70m recycled polyester deal LOS ANGELES – Spanish fashion giant Inditex has signed a three-year agreement to buy textile to textile recycled polyester cycora Read More »
News Factory reps propose new wage of US$94 in Bangladesh DHAKA – Garment factory representatives in Bangladesh have proposed a new minimum wage of BDT 10,400 (US$94) per month for Read More »
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 »
Fashion brands called out for stalling on a new Accord 4th August 2021 No Comments AMSTERDAM – Clean Clothes Campaign has publicly called out fashion brands including H&M, Primark, Inditex, Bestseller and C&A for failing to back the renewal of Read More »
Wood-based fibres degrade within 60 days – study 4th August 2021 No Comments LONDON – A new study found that wood-based cellulosic fibres fell apart within 30 days and fully degraded within 60 days in seawater. In contrast, Read More »