News Samsara Eco plans nylon 6,6 recycling plant in Southeast Asia SYDNEY – Just months after announcing a US$100m funding round, Australian recycling start-up Samsara Eco has partnered with NILIT, a Read More »
News GALY secures US$33m to help scale cotton alternative BOSTON – US-based climate tech company GALY has secured US$33m in Series B financing, led by Breakthrough Energy Ventures, with Read More »
News Global apparel giant Beximco accused of money laundering DHAKA – Bangladesh’s Criminal Investigation Department (CID) has accused Beximco Group of laundering at least Tk 1,480 crore (US$135 million) Read More »
News Woolmark to launch insetting programme in sustainable wool drive LONDON – The Woolmark Company has launched a new initiative, Woolmark+, aimed at driving the wool industry toward a sustainable Read More »
News BGMEA members call for dissolution of Board DHAKA – A group of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) members have called on the relevant authorities to Read More »
News Better Cotton to become ‘certified’ and develop new product label LONDON – Better Cotton plans to develop a new product label in response to heightened regulatory requirements around fashion. The Read More »
News H&M and IndustriALL update worker rights agreement STOCKHOLM – H&M Group has signed an updated global framework agreement (GFA) with global union IndustriALL aimed at protecting the Read More »
News Students may unpack Temu and Shein parcels in German crackdown GERMANY – Students could enlisted to open and inspect packages at German airports from Temu and Shein, as part of Read More »
News Dutch investor quits apparel sector over sustainability concerns THE HAGUE – ASN Impact Investors, a sustainability-focused asset manager with a portfolio valued at €4.2bn, has decided to completely Read More »
Shein, 9,000 new lines a day, and ESG investing 11th May 2022 No Comments LONDON – Chinese fast fashion brand Shein dropped 9,008 new product lines today. On Tuesday it dropped 9,677. On Monday this figure was 7,282. I Read More »