"Fashion Industry" News Archive

H&M's Green Bond, worth €500 million and part of their sustainable finance efforts, has garnered strong global investor interest, signaling a broader shift towards sustainable finance in the fashion industry.

The collection formed part of the Ellen MacArthur Foundation's 'The Jeans Redesign' project, dedicated to developing and promoting the idea of the circular economy.

LVMH, the multinational conglomerate encompassing renowned luxury brands like Louis Vuitton and Givenchy, has committed to a formidable goal of reducing its global water consumption by 30% by the year 2030.

As only 10-13% of the global cotton supply can be classified as sustainable, it’s imperative that companies understand which standards should be part of a sustainable procurement plan, such as the Better Cotton Initiative, Fair Trade Cotton, and GOTS.

ACT is championing the integration of textiles into the Biden Administration's sustainable procurement plan to achieve net-zero emissions by 2050 as part of the "Investing in America Agenda."

With its plans approved by SBTi, Burberry becomes the first luxury brand to commit to being Climate Positive by 2040, including actions beyond its value chain.

This unique initiative unites the millenary practice of vicuña wool weaving with the most disruptive technologies in the market.

Renewcell partners with Eastman to pioneer Naia Renew ES yarns, incorporating 100% recycled Circulose textile raw material in sustainable textile innovation.

Recently, the bill went through a third reading in the House of Commons in March, and once passed, it will be a step forward in the fight against modern slavery in the apparel industry and other sectors in Canada.

Athleta leads sustainable fashion by integrating Ambercycle's Cycora, aligning with its mission-driven ethos and B Corp certification to reduce environmental impact.