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Allbirds to sell assets to American Exchange Group for $39m

Lifestyle footwear brand Allbirds has reached an agreement to sell its intellectual property and select assets and liabilities to American Exchange Group (AXNY) for $39m.

Latest news

Report highlights growing demand for family-friendly factory policies

The Ethical Supply Chain Program (ESCP) has surpassed its three-year target to expand the reach of its family-friendly initiatives, benefitting 34,212 children and 63 factories by the end of 2025, as demand for such policies grows.

Reconomy joins European textile recycling alliance ReHubs

Reconomy, a UK-based circular economy specialist, has joined ReHubs, a European alliance focused on expediting the shift to a circular textile economy.

HRDD centre aims to boost workers’ rights across supply chains

A new centre dedicated to supporting the enforcement of human rights due diligence (HRDD) laws across global supply chains has launched in Berlin, Germany.

Small charges for clothes recycling can reshape shopping habits, study claims

Research conducted by WEFT and Manchester Metropolitan University claims Extended Producer Responsibility (EPR) charges on clothing will need to exceed £0.50 per item before they influence purchasing decisions.

Fashion for Good launches new project aiming to scale biobased polyester

The Mass Balance Demonstrator aims to implement and scale the mass balance attribution (MBA) chain-of-custody model for biomass-attributed PET in textiles.