eu 0 | YnFx - Part 157

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2021-02-13 04:16:55

Prada signs €90 million sustainability-linked loan with Unicredit

Italian luxury fashion house Prada SpA has signed a new sustainability-linked loan of 90 million euros with UniCredit for a period of 5 years on the 10th of February 2021. This loan comprises the

2021-02-12 17:17:21

Özenç's initiative towards sustainability and women empowerment

In the initial months of Covid-19, there has been a remarkable increase in domestic violence which aggravated sexual violence against women, with incidents of rapes, killings and abuse spiking

2021-02-11 15:08:18

NC State professors act against textile waste

With the fast fashion trend and delivering multiple collections per year, the fashion industry is generating a huge amount of textile waste which is being addressed as a serious growing issue over

2021-02-09 18:56:50

The fashion industry’s tremendous exploitation of fossil fuels

A new report reveals the excess use of synthetic fibers in ode of fast fashion concept. The Fossil Fashion report reveals how synthetic fibers, especially polyester, are immensely taking over the

2021-02-09 18:25:45

Luxury Italian giants to become more sustainable

The Apparel Impact Institute’s new initiative is promising to reduce the environmental impact caused by the Italian luxury sector. It is establishing a network for manufacturers to coordinate and

2021-02-09 17:39:52

Manifattura Satta e Bottelli join hands with Martinelli Ginetto Group

A hundred-year-old Nerviano-based textile finishing company has collaborated with Martinelli Ginetto Group, a yarn and fabric manufacturer for home decor. Through its acquisition, Martinelli Ginetto

2021-02-06 17:49:25

Fibretrace launches the next revolution FIM that advances the traceability

Fibre Impact Module 'FIM' has been released by Leading traceability technology business Fibretrace. The module has a collection of tools and data for the fiber crops including their carbon

2021-02-06 17:26:16

Indian textile industry welcomes Union Budget 2021-22

While announcing the budget plan on February 1, 2021 union finance minister, Nirmala Sitharaman made few announcements for the textiles sector regarding custom duties. A concern has been shown to

2021-02-03 19:58:12

Ternua shows perfect initiatives for a sustainable future

Since 1994, the Spanish brand Ternua has committed to promoting the usage of environmentally friendly materials, fillings, and treatments for its technical outdoor apparel. In all these years it has

2021-02-03 19:15:35

Utrecht University advises the dutch government to enforce the use of recycled content in textiles

A transition in the fashion industry leading to circular textiles can be a solution for degrading environmental conditions. A strategy that includes processes like manufacturing

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