Syre, the textile impact company initiated by Vargas and H&M Group, has secured a $100 million Series A funding round. Led by TPG Rise Climate, the round included investments from H&M Group, Giant Ventures, IMAS Foundation, Norrsken VC, and Volvo cars. CEO Dennis Nobelius expressed
Inditex, a leading fashion group, is taking significant steps towards a more sustainable future by incorporating Circulose into its collections. Circulose is a pioneering textile pulp produced by Renewcell, a Swedish company, using recycled cotton textile waste. This decision aligns with Inditex’s commitment to utilize textile raw materials with a reduced