Montreal-based sustainable fashion retailer Frank and Oak has filed for creditor protection for a second time, citing a significant debt of $71 million. The application, submitted shortly before the holidays, comes amidst ongoing financial challenges tied to the pandemic’s lingering impact. Frank and Oak, owned by New York-based Unified Commerce Group (UCG) since 2020, initially […]
Two workers were injured and 4 others were trapped after a chimney collapsed at a steel plant in Chhatisgarh, report says. The incident occured during the afternoon hours in the plant situated in saragaon area, said the superintendent of police Bhojram patel. “We received information that part of the chimney, and silo collapsed at the […]
The European Steel Association (Eurofer) has called for significant adjustments to the European Commission’s steel safeguard measures as part of an ongoing review, according to Yuriy Rudyuk, a partner at the law firm Van Bael & Bellis, reported Argus Media. Eurofer has proposed reducing safeguard quota volumes to address the declining steel demand across the […]
Arizona Public Service Company (APS), the largest electric utility in the state, has secured a conditional commitment [1] for a loan guarantee of up to $1.81 billion from the U.S. Department of Energy’s Loan Programs Office (LPO). This loan will fund investments in new or upgraded transmission projects, renewable power generation, and grid-integrated energy storage […]
The International Renewable Energy Agency (IRENA) has issued a stern warning [1] that the world is currently off track in meeting its renewable energy targets. Despite a record surge in renewable energy capacity in 2023, the current growth rate is inadequate to achieve the ambitious goal of tripling this capacity by 2030—a target crucial for […]
Carter’s, a leading North American retailer, has announced the retirement of Michael D. Casey as Chairman and CEO after more than 15 years in the role and over three decades with the company. Richard F. Westenberger, currently Senior Executive Vice President, Chief Financial Officer, and Chief Operating Officer, has been appointed interim CEO while continuing […]
Stella McCartney has teamed up with material science company, ‘Balena’ to launch the S-Wave Sport trainers. The trainers make their debut as part of the Autumn 2025 collection and use BioCir Flex, a novel polymer developed by Balena that is non-toxic, recyclable, compostable, and biobased. Notably, biodegradable materials such as oils, polysaccharides, and castor beans are […]
Fast-fashion giant Shein is making efforts in sustainability by increasing its use of an innovative, resource-saving technology called cool transfer digital printing for its denim apparel. The process, which replicates denim textures and effects without requiring traditional water-intensive methods, helped the company save 10,000 metric tons of water in 2024 alone. Since introducing cool transfer […]
Silfab Solar Inc., a leading manufacturer of high-performance PV modules, has announced a multi-year partnership with Pivot Energy [1], a national renewable energy provider. The agreement entails Silfab supplying 350 megawatts (MW) of commercial PV modules over a two-year period, starting in the second quarter of this year. The partnership is part of Silfab’s strategy […]
