Free Subscription

  • Access 15 free news articles each month


Try one month for $4
  • Unlimited access to news,insights and opinions
  • Quarterly and weekly magazines
  • Independent research reports and forecasts
  • Quarterly webinars with industry experts
  • Q&A with retail leaders
  • Career advice
  • 10% discount on events

Why major brands like Adidas, LVMH are backing sustainable textile startups

Spinnova, a Finnish sustainable textile fibre business, has listed on the Nasdaq Helsinki First North Growth Market after raising more than €100 million in an initial public offering, including €3 million from Adidas.  Launched in 2014, Spinnova makes textile fibre out of raw materials, such as wood and textile, leather and food waste, in a process that doesn’t use any harmful chemicals or produce any waste or side streams.  H&M invested €22 million in the company earlier t