H&M decides to buy back own shares for SEK 1 billion

The board of directors of H & M Hennes & Mauritz AB has decided to utilise the authorisation granted by the 2024 annual general...

Significant parts of the Heytex Group sold to new investor

Private equity investor Bencis Capital Partners is selling the core business of the Heytex Group with three production sites (two in Germany and one...

Industry Bodies Advocate for Variable EPR Fees in Fashion Sector in U.K

Leading industry organizations are calling for the introduction of variable Extended Producer Responsibility (EPR) fees for the U.K fashion and textile industry. This initiative...

China Launches Investigation into Calvin Klein Owner Over Suspected Xinjiang Cotton Boycott

China has initiated an investigation into the parent company of Calvin Klein, PVH Corp, for allegedly boycotting cotton sourced from the Xinjiang region. This...

H&M Group Joins million-dollar LEAF Coalition Initiative in Brazil

H&M Group has announced its participation in the LEAF Coalition for up to 12 million tons of high-quality carbon credits, a significant collaboration aimed...

Transform Your Home: Innovations In Textiles And Design

Textiles used in houses nowadays are more than just essentials in most modern households around the globe. The home textiles sector has expanded significantly...

Linen Fabric: A Staple In Sustainable, Luxurious Fashion

The majority of items of clothing are either made by people or heavily rely on chemicals. On the other hand, linen is a naturally...

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