Fashion
Why circular fashion doesn’t always mean less environmental impact
Today’s textile industry is largely linear. According to Circle Economy’s Circularity Gap Report Textiles, it uses 3.25 billion tonnes of materials every year, with the vast majority—over 99 percent—coming from virgin sources. What’s more, the rise of fast fashion has intensified textile consumption cycles, encouraging consumers to buy and...
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BusinessMember
Castore acquires majority stake in shoe and bootmaker Grenson
British sportswear brand Castore, founded by Tom and Phil Beahon, has acquired a controlling stake in heritage shoemaker Grenson, which has been making footwear in Northamptonshire, England, since 1866. According to Grenson’s Companies House filings, J Carter Sporting Club Limited, the parent company of Castore, has acquired a 75 percent stake...
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