Apparel industry briefing
Fairbrics to develop carbon-neutral fibres for apparel sector
France's Fairbrics SAS, which specialises in net-positive synthetic fibres has raised more than EUR6.5m (US$7bn) to develop carbon-neutral fibres for the fashion industry.
The fashion brands leaving Russia
Apparel brands that have withdrawn from the Russian market must brace for the impact on sales as it could become a long-term issue for those that did not resume trading by May 2022.