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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
H&M, Lululemon back US$250m ‘Climate Impact’ fund
9th June 2022
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NEW YORK – Lululemon Athletica Inc and H&M Group are backing a US$250m fund which will finance projects to cut carbon emissions in fashion supply
Goldman Sachs invests US$100m in Recover
9th June 2022
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LONDON – Investment bank Goldman Sachs has led a US$100m investment round in recycled cotton fibre company Recover. The minority stake values the Spanish company
Radici cuts GHG emissions 70 per cent over a decade
9th June 2022
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BERGAMO – Italian textiles manufacturer, Radici Group, says it has reduced its overall greenhouse gas (GHG) emissions by 70 per cent over the last decade.
Säntis partners with FibreTrace to track recycled cotton
9th June 2022
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SINGAPORE – Säntis Textiles, a textile sourcing and supply company headquartered in Singapore, is partnering with textile traceability business FibreTrace to develop a unique traceable
