professional points
reference bank of important data, insights or musings on textiles, circularity, innovations etc
professional points
On the other hand, there was a succession of positive news.
For example, in March 2024, Infinited Fiber Company announced that it had completed a US$40 million-plus round of financing from strategic investors including H&M and Fast Retailing.
A few days later, H&M announced Syre, a new recycled synthetics venture in collaboration with the e
In 2021, the British Fashion Council’s Institute of Positive Fashion addressed the impact of the fashion industry. Their top key target outcome? Reduce the volume of new physical clothing.
good on you • Degrowth: The Future Fashion Could Choose
Publish Online
indd.adobe.com
Typical R&D investment for the fashion industry is <1% of sales, compared with about 10-15% for consumer electronics companies and about 20-30% for pharmaceutical and biotech companies.
(35-Boger et al., “Financing the Transformation.”)
“67% of cotton exports are highly affected by climate disasters.”
(40 - Business of Fashion, The State of Fashion)
Ideas related to this collection