A peer-to-peer fashion start-up established in the UK A group of strategic and venture capital investors, including Depo Ventures, Czech Founders, Sofia Angels Ventures, New Vision 3, and four angel investors, have invested € 1 million in NOLD. Tilia Impact Ventures is leading the investment round. NOLD is on a mission to advance the circular …
NOLD raises € 1,000,000 to promote the circular fashion industry Read More »
The Fashion Pact, a project spearheaded by Helena Helmersson, CEO of H&M, and Paul Polman, formerly of Unilever, has signed a Collective Virtual Power Purchase Agreement (CVPPA) with Lightsource bp, the solar power division of British Petroleum (BP). The Fashion Pact pledges to achieve 100% renewable energy usage in member companies’ operations by 2030 to …
Forging green energy cooperation for ethical fashion is Lightsource BP and Fashion Pact Read More »
In partnership with F&F at Tesco, Poeticgem, a division of the PDS Group that specializes in retail design and sourcing solutions, unveiled a new fashion label. The lifestyle company ‘Oh Me Oh My’ (OMOM) targets a young clientele by providing cutting-edge clothing and standard wardrobe items. According to a statement, OMOM focuses on genuine casual …
With F&F, Poeticgem introduces a young fashion line Read More »
To expand its airborne delivery program, Amazon has revealed intentions to bring its drone delivery service to Britain, Italy, and a third U.S. site. Customers in these regions will have the option to receive their items through drones beginning in late 2024, which will be linked into Amazon’s current fulfillment network and run from same-day …
Amazon increases drone delivery options to the US, Italy, and the UK Read More »
According to a recent FMI study, the market for 3D-printed wearables is currently valued at US $ 4.25 billion and is expected to grow to US $ 10.25 billion by 2033. Over the next ten years (until 2033), it is predicted that the market for wearable 3D-printed technology will grow at a CAGR of 9.2%. …
Discount luxury e-tailer The Sweaty Betty designer Tamara Hill-Norton, CEO of N Brown PLC Sarah Welsh, and BrandAlley have all made investments in the upscale secondhand marketplace Sign of the Times in London. According to a statement from Sign of the Times, BrandAlley contributed 50% to the funding round. As part of the deal, they …
BrandAlley makes a fresh investment in Sign of the Times Read More »
Ahmedabad University and Ahmedabad Textile Industry’s Research Association (ATIRA) have teamed up to enhance education, research and development, and offer services to the industries in these fields in order to support the expanding composites and technical textiles sectors. An innovative two-year Master of Technology and PhD in Composites program offered by Ahmedabad University’s School of …
To promote the textile sector, Ahmedabad University and ATIRA collaborate Read More »
Shawn Curran, who worked at Gap Inc. for more than 30 years, has been named Under Armour’s new chief supply chain officer. Throughout his career, Curran held a variety of positions at Gap Inc., including Chief Operating Officer and Head of Global Supply Chain for all seven Gap Inc. brands. His most recent position was …
A former employee of Gap is appointed chief supply chain officer of Under Armour Read More »
The president of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), Faruque Hassan, emphasized the opportunity for ready-made clothing exports to Brunei Darussalam. This observation was made when Haji Haris Bin Haji Othman, the High Commissioner of Brunei Darussalam to Bangladesh, and BGMEA President Faruque Hassan met. The BGMEA office in Dhaka served as the …
BGMEA is optimistic about Brunei’s potential for garment exports Read More »
To draw high-end clothing and accessory merchants, Vinted, a Lithuanian second-hand expert, has announced the launch of product verification services for items costing more than €100. This system is the product of several months of testing. For buyers of qualifying items, the service is an optional add-on that costs € 10. Vinted claims that competent …
Vinted introduces their service for product verification Read More »