QUEENSLAND – Australian recycling technology company, BlockTexx, has announced the closure of an AUD$7m Series B funding round to scale …
Author archives: Staff writer
US Senator asks SEC to block SHEIN IPO
FLORIDA – A US Senator has asked the financial regulator to block an initial public offering (IPO) of SHEIN until …
EU clarifies position on green claims by business
BRUSSELS – Fashion companies will have to send any green claims they make for verification by a third party – …
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Haelixa and Trudel in traceable silk partnership
ZURICH – Swiss traceable textile specialist Haelixa has announced a new partnership with Swiss-Italian business Trudel Silk to provide 100 …
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Turkish union leader shot in incident at Akar Textile
IZMIR – Makum Alagöz, president of the Turkish textile workers’ union DERİTEKS, was this week shot by the brother of …
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Recycled polyester alternative performs well in tests
LOS ANGELES – A recycled alternative to polyester, produced from old clothing, matched the quality standards of its virgin counterpart …
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SHEIN opens US-based logistics hub
SEATTLE – Chinese fast fashion brand SHEIN has announced it will open a Seattle-area office in downtown Bellevue, expanding its …
Fresh forced labour claims over Uzbek cotton
WASHINGTON – Independent civil society monitoring of the annual cotton harvest in Uzbekistan found that in 2023, local officials “resorted …
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Helmersson quits as H&M chief in surprise move
STOCKHOLM – Helena Helmersson, CEO of Swedish fast fashion brand H&M, has unexpectedly quit her role. Fashion industry veteran Daniel …
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