
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

BOSTON – US-based climate tech company GALY has secured US$33m in Series B financing, led by Breakthrough Energy Ventures, with

DHAKA – Bangladesh’s Criminal Investigation Department (CID) has accused Beximco Group of laundering at least Tk 1,480 crore (US$135 million)

LONDON – The Woolmark Company has launched a new initiative, Woolmark+, aimed at driving the wool industry toward a sustainable

DHAKA – A group of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) members have called on the relevant authorities to

LONDON – Better Cotton plans to develop a new product label in response to heightened regulatory requirements around fashion. The

STOCKHOLM – H&M Group has signed an updated global framework agreement (GFA) with global union IndustriALL aimed at protecting the

GERMANY – Students could enlisted to open and inspect packages at German airports from Temu and Shein, as part of

THE HAGUE – ASN Impact Investors, a sustainability-focused asset manager with a portfolio valued at €4.2bn, has decided to completely

OSLO – H&M announced this week that it will be shutting down its digital fashion outlet, Afound, later this year

COPENHAGEN – The Nordic Council has adopted a recommendation calling on national governments to take stronger action against fashion greenwashing. The recommendation calls for better

BRUSSELS – France’s proposed anti-fast fashion law has hit a new obstacle after the European Commission said the draft remains incompatible with EU law.

PARIS – The French authorities have fined Refashion €170,000 for failures in the country’s used textile collection system. The sanction is a further sign of

BANGALORE – Shahi Exports has partnered with US-based Innovo Fiber to scale a lower-impact cotton pre-treatment technology. The move comes after trials showed reductions of

VANCOUVER – Debrand has released its first transparency report, offering a detailed breakdown of where post-consumer and used textile materials are sent. Routes cover reuse,

NEW YORK – The Bezos Earth Fund has announced US$34m in new grants to support the development of next-generation textile materials. The funding will support

BERLIN – Temu and Shein are costing the German economy €2.4bn a year in lost added value, claims a study commissioned by German retail association

STUTTGART – The number of Global Organic Textile Standard (GOTS)-certified facilities globally rose 15.3 per cent year on year to 17,800 in 2025. Certified sites

NEW SOUTH WALES – Australian brand LSKD has signed a 10-year agreement with Samsara Eco to use enzymatically recycled nylon 6,6 in its products. The
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