EU Approves Diluted Corporate Sustainability Directive, France Proposes €10 Ultra-Fast Fashion Fine, Walmart and Unspun Pilot 3D-Weaved Eco Workwear, Renewcell Seeks Rescue Through Asset Sale
Welcome to Week/End, your quick-hit guide to this week’s news at the intersection of fashion, ethics, sustainability, and business.
US Senators Propose $14 Billion Circular Fashion Bill, SEC Approves Climate Rules, New Remake Report Reveals Industry Shortcomings, and H&M Group Launches New Textile Recycling Venture
Welcome to Week/End, your quick-hit guide to this week’s news at the intersection of fashion, ethics, sustainability, and business.
H&M Invests $600M in New Textile-to-Textile Recycled Polyester Venture: Syre
H&M Group and Vargas Holding introduce Syre, a new venture aimed at expanding the scale of textile-to-textile recycling for polyester.
The EU's Corporate Sustainability Directive Fails; Renewcell Files for Bankruptcy; Funding for Next-Gen Materials Surges; Reflaunt-DHL Partnership Forged
Welcome to Week/End, your quick-hit guide to this week’s sustainability news at the intersection of fashion, ethics, sustainability, and business.
DHL Partners with Reflaunt to Launch Branded Resale
In a strategic alliance, Reflaunt and DHL are pooling resources to elevate the scale and efficiency of the resale industry.
The Sustainable Apparel Coalition Rebrands as Cascale
The Sustainable Apparel Coalition rebrands as Cascale to enhance its focus on scaling sustainability and collective action.
Textile Recycling Pioneer Renewcell is Filing for Bankruptcy
The pioneering textile recycler known for its CIRCULOSE® material has filed for bankruptcy.
What Happened in Sustainable Fashion News This Week: EU Nears Ban on Unsold Textile Destruction, Bestseller and H&M Group Partner on Bangladeshi Wind Farm, and More!
The European Commission moves closer to banning unsold textile destruction, while COP28 sees major brands like Bestsellerand H&M Group championing a pioneering wind energy project in Bangladesh. Meanwhile, Stella McCartney unveils an innovative, recycled plastic-based parka.
H&M Group Launches Green Loan Program to Support Suppliers in Reducing Emissions, Net-a-Porter Launches Rental, Puma Successful Tests Fully Biodegradable Sneaker
This week, in sustainable fashion, H&M launched a groundbreaking green loan program to reduce emissions, while Puma tested a fully biodegradable sneaker. Other highlights include a bold art installation challenging clothing waste, Remake's grant for worker advocacy, Bluesign®'s transparency initiative, Valentino's first sustainability report, and Net-a-Porter's venture into luxury fashion rental.
