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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
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Worn Again launches poly-cotton recycling plant in Switzerland
WINTERTHUR – Worn Again Technologies has started up a demonstration-scale textile-to-fibre recycling plant in Winterthur, Switzerland. The company is looking
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OCA sets out strategy to scale organic cotton
AMSTERDAM – The Organic Cotton Accelerator (OCA) has unveiled a new strategy which is aimed at expanding organic cotton supply.
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Middle East crisis hits garment export routes
LONDON – Rising tensions across the Middle East are creating fresh uncertainty for global fashion logistics and export routes. Research
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Südwolle develops wool-rich denim fabric
MILAN – Südwolle Group has developed a wool-rich denim fabric that keeps a classic indigo look while incorporating Merino wool
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Fashion logistics rerouted as Suez risk rises
LONDON – Fashion logistics were severely jolted over the weekend after US and Israeli strikes on Iran and subsequent retaliation.
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GOTS 8.0 released with tougher due diligence
STUTTGART – Global Standard has released Version 8.0 of the Global Organic Textile Standard, with a new focus on due
BlockTexx announces AUD$7m funding round
21st February 2024
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QUEENSLAND – Australian recycling technology company, BlockTexx, has announced the closure of an AUD$7m Series B funding round to scale its textile resource recovery solution.
US Senator asks SEC to block SHEIN IPO
20th February 2024
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FLORIDA – A US Senator has asked the financial regulator to block an initial public offering (IPO) of SHEIN until it can disclose more information
EU clarifies position on green claims by business
19th February 2024
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BRUSSELS – Fashion companies will have to send any green claims they make for verification by a third party – or risk fines of at
Haelixa and Trudel in traceable silk partnership
15th February 2024
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ZURICH – Swiss traceable textile specialist Haelixa has announced a new partnership with Swiss-Italian business Trudel Silk to provide 100 per cent traceable silk from
Turkish union leader shot in incident at Akar Textile
14th February 2024
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IZMIR – Makum Alagöz, president of the Turkish textile workers’ union DERİTEKS, was this week shot by the brother of the owner of Akar Textile
Recycled polyester alternative performs well in tests
13th February 2024
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LOS ANGELES – A recycled alternative to polyester, produced from old clothing, matched the quality standards of its virgin counterpart in independent tests. US technology
SHEIN opens US-based logistics hub
12th February 2024
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SEATTLE – Chinese fast fashion brand SHEIN has announced it will open a Seattle-area office in downtown Bellevue, expanding its growing US footprint. The company
Fresh forced labour claims over Uzbek cotton
1st February 2024
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WASHINGTON – Independent civil society monitoring of the annual cotton harvest in Uzbekistan found that in 2023, local officials “resorted to forced labour” in districts
Helmersson quits as H&M chief in surprise move
31st January 2024
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STOCKHOLM – Helena Helmersson, CEO of Swedish fast fashion brand H&M, has unexpectedly quit her role. Fashion industry veteran Daniel Ervér will take over with
