Vinted bags €340m funding to power global secondhand fashion market
Secondhand marketplace Vinted closes a major funding round led by TPG, bolstering its position as Europe’s leading secondhand fashion marketplace.
31 October 2024
31 October 2024
Secondhand marketplace Vinted closes a major funding round led by TPG, bolstering its position as Europe’s leading secondhand fashion marketplace.
UK apparel retailers are bracing for increased costs as wage hikes and higher national insurance contributions make the agenda for Rachel Reeve's autumn budget.
The UK's non-food online retail sector is set to see its first improvement in market penetration post-pandemic with digital sales expected to grow by 2.9% to reach £106m ($137.63m) in 2024.
Industry experts came together in Colombia for the 16th Convention of Biological Diversity (COP16) to explore how $78bn worth of investment can be used to scale next-gen solutions and reduce the reliance on forest fibre for sustainable paper, packaging and textiles.
Puma, alongside a consortium of other brands, has revealed the “world’s first” garment made entirely from recycled textile waste, leveraging a new bio-recycling technology developed by the French firm Carbios.
Spinnova’s latest Business Finland loan will drive advancements in sustainable fibre production and technology efficiency.
US off-price fashion retailer Ross Stores announced that James Conroy, an experienced retail executive, will succeed Barbara Rentler as chief executive officer (CEO), effective 2 February 2025.
Apparel manufacturer Sae-A Trading commits to the Forest Stewardship Council’s (FSC) Fashion Forever Green Pact, to amplify its sustainable sourcing efforts across its supply chain.
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