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Search Results for: Business of Fashion

Asos plans to enhance the UK economy by GBP3.8 billion
UK online fashion retailer, Asos, has released its first economic impact report, underlining the magnitude of the company's contribution to the UK economy and society. According to Asos, the
Vestiaire Collective builts authentication and logistics center
Global resale platform for luxury second-hand fashion, Vestiaire Collective, has built a UK authentication and logistics center to meet rising consumer demand. The center, which was soft-launched in
BGMEA receives award for sustainability work
The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has been honored with the Green Leadership Award 2021 for its outstanding leadership in establishing Bangladesh as the world's
MycoWorks secures US $125 million series C financing
US start-up, MycoWorks, announced a $125 million Series C funding round headed by Prime Movers Lab, with new investors SK Networks and Mirabaud Lifestyle Impact & Innovation Fund, as well as
ABFRL partners with Germany's GIZ to promote circularity in India
Aditya Birla Fashion and Retail Ltd (ABFRL) has partnered with GIZ (Gesellschaft für Internationale Zusammenarbeit), a German development agency, to promote innovative circular solutions in the
LPP collaborates with Cotton made in Africa
Polish fashion company LPP, has partnered with Cotton Made in Africa (CmiA), kicking off a new year of growth for the standard for sustainable cotton. Danzing-headquartered LPP, whose brands
Spanish firm Pyratex raises EUR600,000
Spanish sustainable fabrics start-up, Pyratex, has raised EUR600,000 (US$680,086) in the second round of fundraising, with Japanese sportswear firm Asics Corporation's investment arm as one of the
Responsible raises US$6.6 million to aim to expand its footprint in Europe
Circular solutions platform Responsible, the inventors of the world's first embedded financial platform for the garment industry, announced that it has raised $6.6 million in a seed round of
Oeko-Tex launches new Impact Calculator for textile and leather industry
Oeko-Tex® has launched a new ‘impact calculator for the textile and leather industries. Individual production sites can use the new Impact Calculator to identify the most significant consequences
Renewcell successfully creates industrial-scale viscose filament yarn using 100% Circulose®
Swedish recycling firm, Renewcell, has successfully used 100% Circulose® dissolving pulp in industrial-scale viscose filament yarn manufacturing in partnership with Yibin Hiest Fiber Limited
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