Browsing tag

alt materials investment

Levi’s X Ganni: Fashion Duo Joins Forces To Launch Denim Collection Made Out of Cottonized Hemp

5 Mins Read In August of last year, American denim brand Levi’s and millennial-favourite brand Ganni joined forces to create a rental-only collection of three staple denim pieces, all created from upcycled vintage Levi’s and repurposed denim. Now, the duo is back again with their second denim collaboration showcasing a bunch of pieces developed using cottonized hemp fabric. Copenhagen-based label Ganni […]

H&M & Inter IKEA Group Back TreeToTextile To Scale New Sustainable Textiles Production

3 Mins Read Sweden-based TreeToTextile recently invested EUR€35M (approx. US$42M) in constructing a demonstration plant in Sweden to upscale the production of new sustainable textile fiber. Owned by H&M Group, Inter IKEA Group, Stora Enso, and LSCS Invest, TreeToTextile, a purpose-driven technology development company, is a member of Textile Exchange. as well as a supporting organization to the […]

MycoWorks Closes US$45M In Star-Studded Series B To Scale-Up Animal-Free Reishi Leather For Consumer Launch

3 Mins Read Alternative mycelium-based material firm MycoWorks has announced the completion of a US$45 million Series B funding round, which will go towards the scale-up of its Reishi animal-free leather material. The round saw participation from major institutions and VCs, as well as a number of high-profile celebrities and fashion brands amid the growing demand from consumers […]