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Inditex, eco investment company Breakthrough Energy Ventures, US textile manufacturer Miliken & Company and investment firm Lansdowne Partners all contributed to the funding round that will be used to complete engineering work on Circ’s larger-scale poly-cotton recycler facilities. Previous investors joining Circ’s latest round of funding include 8090 Partners, Alante Capital, Card Sound Capital, and
Fashion industry has recently become one of the favorites for adoption and scaling of cutting-edge technology. Over the years, and even more prominently due to the pandemic, as fashion has become more digital, some aspects of technology and innovation in the fashion world have seen tremendous pickup, while several others continue to move on their
Fashion is an ever-evolving industry where technology has played a pivotal part in accelerating trends in the industry’s market. A growing industry’s target persona always demands more as this demand has driven projects to merge their business with big tech like the Blockchain. One of the drivers of revenue for the fashion industries has been
British retailer Marks & Spencer (M&S) has launched its inaugural sustainability innovation challenge for start-ups, which will offer successful solution providers the opportunity to trial their offerings within M&S’ supply chain. Innovators can apply within one of two categories, addressing either the challenge of sustainable agriculture or changing consumer behaviors. Stuart Ramage, head of M&S’
Consumer and regulatory demands for more sustainable clothing and textiles are growing and the fashion industry is rising to the challenge. Now Novozymes offers biopolishing for manmade cellulosic fibers (MMCF) including viscose, modal and lyocell. This helps enhance the quality of fabrics, making them look new for longer and extending their lifespan. MMCF is the
Stemming from the two founders’ experience in amassing an online presence of over 4 million social media followers for its storied men’s fashion company, Hellman Retail Group, the move to NFTs seemed a fitting evolution into the next digital frontier. The Meta luxe genesis NFT collection contains 10,000 expertly crafted suits, each designed by hand
In a unique innovation that paves way for sustainable fashion, H&M-backed researchers developed a technique that processes cotton clothing which captures greenhouse gas from the air. As part of the pilot project, the crew from a Stockholm restaurant is now wearing aprons fashioned out of the same textile. Hong Kong Research Institute of Textiles and
Myntra has moved into new and state-of-the-art 300,000 sq ft premises in Outer Ring Road at Kadubeesanahalli, Bengaluru. The focus of the architecture is fashion and technology and is an extension of the brand’s vision of making the world a more stylish, colourful and happier place. At the same time, each aspect of the new
Tech and Fashion industry. Named “Entrepreneur of the Year” 2019 at the Eloy Awards, a renowned platform that celebrates women making impact and driving change in their sector, in 2016 she founded African Designers Mall (ADM), an e-commerce platform that provides Fashion and Art Entrepreneurs an access to the global market with the tap of
