SAC secures funding for supply chain due diligence
The Sustainable Apparel Coalition (SAC) has entered into a partnership with the Initiative for Global Solidarity (IGS) and secured EUR1m…
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IPO Industry
Reebok confirms jobs at risk ahead of ABG acquisition
Approximately 150 jobs are at risk at sports brand Reebok ahead of the closure of its acquisition by Authentic Brands…
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MycoWorks to launch full-scale Mycelium plant on $125m funding
US start-up MycoWorks has secured US$125m in Series C funding to launch the first full-scale Fine Mycelium production plant.
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Hela Clothing launches IPO to expand overseas business
Hela Clothing, a Sri Lankan garment manufacturer which exports its goods globally, is to open an Initial Public Offering (IPO)…
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True Fit raises $30m in funding on 85% revenue jump
Global data and software firm True Fit has raised US$30m in a growth round after an 85% jump in revenue…
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Nike receives funding for apparel recycling project
US sportwear brand and retailer Nike is being awarded US$0.5m worth of funding for an apparel recycling project as part…
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Hugo Boss inks first ESG-linked financing facility
German luxury fashion brand Hugo Boss has taken out a revolving syndicated loan with a sustainability focus for the first…
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Allbirds valued more than $4bn following IPO stock surge
Eco-friendly sneaker firm Allbirds raised more than US$300m in its initial public offering (IPO) on Wednesday (3 November).
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