An unpredictable future has forced Swedish giant H&M to pause all sales in Russia with steps being initiated to begin the process of winding up business in the country, promising also "support to all colleagues concerned" over the coming months.   

The circular fashion company Circ has announced over $30 million in Series B funding backed by the Bill Gates-founded Breakthrough Energy Ventures (BEV) with additional investment from Inditex, Milliken & Company, Lansdowne Partners and Temasek.

A one of its kind dataset of jamdani motifs in digital format has been developed by students in Bangladesh in a bid to preserve the centuries old “Intangible Cultural Heritage of Humanity”.

Researchers at the Massachusetts Institute of Technology (MIT) have developed a comfortable, form-fitting fabric that recognises its wearer’s activities, like walking, running and jumping.

The growth in value of global trade in Q1 2022, a rise of about $250 million relative to Q4 2021, has been fuelled by rising commodity prices as trade volumes have increased to a much lower extent, according to UNCTAD’s Global Trade Update.

Three Swiss trade associations pool forces of their textile & clothing sector by uniting actors along the entire value chain to act in a socially and environmentally responsible manner and to implement transparent sustainability measures to ensure 50% reduction of GHG by 2030 to accomplish the 2050 net zero target.

A group of European stakeholders have called for decisive action by EU Member States and the European Union (EU) to tackle strategic dependencies to help the European textiles, clothing, leather, and footwear sectors decarbonise production and become more circular, and launch initiatives to ensure that workers have the right skills for the future.

A digital platform has been launched to refine the complex topic of textile waste into tangible actions to initiate change, containing comprehensive content backed by key industry insights and rigorous research. 

A new consortium is rallying 17 public and private European organizations to establish a circular economy. The project wants to enable the annual recycling of more than 2 million tonnes of PET fibres by 2030.

Brands from Mainland China comprise 23 of the Top 100 New Brands 2022 list, edging out arch rivals the United States, marking a major step in the evolution of global brand strategy from Mainland Chinese businesses.