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  • GMT

Loop Industries forms committee to aid joint India venture

Loop Industries has formed a Strategic Alternatives Committee to advance commercialisation, strengthen capital position and maximise long term shareholder value.

Its immediate priority is securing Loop’s required capital contribution and broader project-financing structure for its planned India joint venture with Ester through project-level debt, strategic capital, equity financing or a combination of those sources.

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  • GMT

PETA activists interrupt H&M show amid sheep abuse claims

Animal rights organisation PETA last night interrupted H&M’s London Fashion Week show in a protest against the use of wool.

PETA says the protests are part of an ongoing campaign urging H&M to ban wool, citing an undercover investigation at a South African farm it says is linked to H&M Group's supply chain.

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  • GMT

Bristol becomes first UK city to ban fast-fashion advertising

Bristol has become the first city in the UK to ban fast fashion advertising, alongside new restrictions on ads for high-carbon products, including non-electric vehicles, flights, cruises and fossil fuel companies.

The policy applies to all council-owned advertising spaces, including bus stops, digital screens and billboards.

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  • GMT

Riga forum targets textile waste cut

Two textile circularity initiatives will co-host the Nordic-Baltic Textile Circularity Forum 2026 in Riga on 7th and 8th October, aiming to move circular solutions beyond pilot projects.

The forum joins tExtended, a Horizon Europe project with €12.3 million ($14.1m) EU funding, and the Nordic-Baltic Textile Circularity project, funded by Nordic Council of Ministers offices in the Baltics.

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  • GMT

First report on the economic impact of the sporting goods industry published

New estimates by the World Federation of the Sporting Goods Industry (WFSGI) say the sector contributes an estimated $675 billion to global GDP each year and supports 28 million jobs globally.

The report, titled The Industry that Moves the World, says the contribution is roughly 0.6% of world economic output, and the jobs represent one in every 125 roles on the planet.

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  • GMT

ITCC 2027 opens Leeds registration

Registration and abstract submissions have opened for the International Textile and Colour Conference 2027, which will take place at the University of Leeds from 16th–18th June.

Hosted by the Leeds Institute of Textiles and Colour and the university’s School of Design, the event will address sustainable production, circular systems, materials innovation, AI and technical textiles.

Researchers, academics, postgraduate students and industry professionals can submit abstracts of up to 600 words by 26th February 2027.

The organisers are seeking interdisciplinary work spanning advanced manufacturing, automation, textile chemistry, digital transformation, health and performance textiles, waste management and material regeneration.

Katharine Beacham, head of materials and sustainability at Marks & Spencer, said of the inaugural 2025 event: “The topics and discussions felt genuinely new and insightful, rather than reiterations of familiar themes.”

The conference aims to connect research with industrial development and application across textiles, fashion and colour.E

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  • GMT

Murray takes Hugo Boss board chair

Hugo Boss has elected Michael Murray as chairman of its supervisory board, succeeding Stephan Sturm, who recently resigned from the board.

The appointment follows changes to the company’s shareholder structure. Murray, chief executive of Frasers Group, joined the Hugo Boss supervisory board in May 2025.

“Hugo Boss is exceptionally well positioned, with two strong brands, a unique global footprint and significant untapped potential,” said Murray.

Robert Palmer is expected to join the supervisory board, subject to appointment by the local court. Palmer has been a director of Frasers Group Financial Services since 2022.

The board change gives Frasers increased representation as Hugo Boss implements its Claim 5 Touchdown strategy.

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  • GMT

Swiss fur import ban advances

Switzerland’s Council of States has voted 43:1 to back a ban on imports of fur produced under cruel conditions, according to animal welfare organisation Four Paws.

Both parliamentary chambers must approve minor amendments on 2nd October. The measure is expected to take effect on 1st July 2029, following a transition period.

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  • GMT

Lycra appoints Hua Du chief executive

The Lycra Company has appointed Hua Du as chief executive officer, following completion of the company's financial restructuring.

Du succeeds Dean Williams, who served as interim chief executive officer and will remain chief financial officer. The company did not disclose terms or detail the restructuring.

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  • GMT

Cambodian unions seek $250 wage

Cambodian trade unions have proposed a $250.66 monthly minimum wage for garment, footwear, travel-goods and bag workers in 2027, up from the current $210.

The proposal was presented during Cambodia’s annual minimum-wage negotiations, which are conducted through the tripartite National Council on Minimum Wage process.

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