Spanish steelmaker Celsa has finalized the sale of its mills in Britain and Norway to Se.ven GI, the Czech investment fund confirmed on Thursday, following an earlier report by news outlet El Confidencial. El Confidencial, citing industry sources, reported that the deal was valued at €600 million ($632.10 million), however the company hasn’t confirmed anything yet. […]
European cities are taking bold steps to combat fast fashion locally, even without strong governmental directives, as highlighted in a new report by Zero Waste Europe (ZWE).The report titled ‘Cities and Consumption: Local Solutions to Curb Textile Waste and Combat Fast Fashion’ showcases how municipalities are addressing textile waste and promoting sustainability while discussions on […]
Puma has announced its ambitious new SDGs under its Vision 2030 project, to strengthen its progress in its climate protection efforts. Puma aims to significantly reduce its greenhouse gas emissions and increase the use of recycled materials, setting a new standard for climate responsibility in the fashion industry. In the beginning of the year, they announced a reduction in […]
Bangladesh’s textile and apparel industry has seen extraordinary growth, with record monthly exports of $4.6 billion in November and December 2022. In 2020, the sector’s exports stood at $29.8 billion, ranking it third globally. By 2022, this figure had surged to $49 billion, marking an impressive 64% growth in just two years.Le Tien Truong, head […]
