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Archive secures US$15m funding to scale resale software
Circular solutions provider Archive, has announced the closing of a 15 million dollar Series A fundraising led by Lightspeed Venture Partners. With the additional capital, the company's total
Closed Loop Partners & Brookfield Renewable partners to launch Circular Services
Closed Loop Partners (CLP) and Brookfield Renewable have officially announced the launch of Circular Services, a leading developer of circular economy and recycling infrastructure in the US. By
Teijin, JGC & ITOCHU to establish polyester recycling venture
A joint venture business called RePEaT Co., Ltd. will be established by Teijin Limited, JGC Holdings Corporation, and ITOCHU Corporation to license the technology for the chemical recycling of
Celtic & Co owner acquires ethical fashion Frugi
The assets and intellectual property of Frugi, an ethical childrenswear company, have been acquired by Refined Brands, the parent company of Cornwall-based fashion label Celtic & Co. It comes
Beximco partners with FibreTrace to deliver complete supply chain traceability
Beximco, a vertically integrated textile and apparel manufacturer, has teamed up with FibreTrace to deliver complete supply chain traceability for its sustainable practices in Bangladesh and
Valérius 360 & Trützschler develops high-quality recycled yarn
Portuguese textile supplier, Valérius 360 has partnered with German spinning technology company Trützschler to produce high-quality recycled yarn – opening up the massive potential to drive
The Woolmark Company announces 2022 Performance Challenge winners
The winners of the 2022 Woolmark Performance Challenge, an initiative by The Woolmark Company and Salomon to support ideas in the sports and performance industry, have been
Lenzing to double production capacity of Ecovero
Lenzing, a manufacturer of cellulosic fibers, is commemorating a significant achievement: since the brand's launch in 2017, it has produced more than 300,000 tons of viscose fibers under the Lenzing
Inditex and BASF develop laundry detergent to reduce microfiber release
Inditex brand Zara Home will introduce the first laundry detergent made to lessen the discharge of microfibers during washing. The detergent will be sold both in-person and online. Depending on
ACS Clothing raises £10m investment from Circularity Capital
UK-based circular and sustainable fashion enabler, ACS Clothing, has received a £10 million investment from dedicated growth equity private equity fund manager Circularity Capital. A specialist
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