Puma, alongside a consortium of other brands, has revealed the “world’s first” garment made entirely from recycled textile waste, leveraging a new bio-recycling technology developed by the French firm Carbios.
Better Cotton is updating its certification to meet EU regulations and enhance sustainability. A new label will showcase commitment to sustainable practices, requiring full supply chain involvement.
ICL has signed a $170 million, five-year agreement with AMP Holdings in China to supply specialty water-soluble fertilizers for high-value crops, this deal boosts ICL's presence in China’s specialty fertilizer market and supports its growth strategy in key regions.
IREDA and BHEL are teaming up to boost India’s renewable energy efforts, aiming for 500 GW of non-fossil fuel capacity by 2030. Their collaboration will enhance project execution and financing solutions to support a cleaner, greener energy future for India.
ICE cotton prices dropped for the third consecutive day, driven by a stronger dollar and improved weather in US cotton regions. The December contract settled at 68.55 cents per pound, down over 2%.
ICE cotton prices fell for the second day due to demand concerns and poor crop conditions, including severe flooding. Declining oil prices made polyester cheaper, impacting cotton prices, although a weaker dollar helped limit losses.
American Circular Textiles (ACT), a coalition representing over 30 leading US companies in the textile circular economy, has launched a petition aiming to address the issue of “double taxation” on second-hand goods.
H&M, IndustriALL, and IF Metall have updated their Global Framework Agreement to enhance worker protections for over one million garment workers. The new agreement includes stronger ILO conventions, anti-harassment measures, and a robust governance structure to ensure effective implementation and address gender-based violence.
UK-based retail conglomerate Frasers Group has announced a strategic investment in Accent Group Limited, acquiring a 14.65% stake in the Australian and New Zealand performance and lifestyle retail and distribution company as it continues its acquisition spree.
Researchers have used a combination of an HD digital camera and a cutting-edge software to develop a non-destructive and convenient method for measuring cotton growth. It does not require professional knowledge of computer and machine learning and thus, can be utilised by ordinary farmers or researchers.
India’s cotton sowing area has shrunk by 9% this season, down to 111.386 lakh hectares. Major cotton-growing states like Maharashtra and Gujarat face reductions due to pest issues, particularly Pink Bollworm. With over 90% of sowing completed, recovery in acreage is unlikely.
Meraxis and POLYMERIZE are collaborating to drive polymer innovation using POLYMERIZE's AI platform for better data management and faster, sustainable product development. The partnership will expand across Europe, aiming to enhance efficiency and sustainability in the industry by reducing costs and speeding up innovation cycles.
Lenzing Group has refreshed TENCEL's brand identity with the theme “Nature. Future. Us.” to highlight its commitment to eco-friendly fibers and transparency. The new branding will be unveiled at the Intertextile Shanghai Apparel Fabrics Trade Fair in August 2024, emphasizing sustainability and circular practices.
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