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#Retail & Brands

The H&M group’s sales development in the first quarter 2023

Net sales increased by 12 percent to SEK 54,872* m (49,166) in the first quarter, i.e., in the period 1 December 2022 – 28 February 2023, compared with the corresponding period last year.

 In local currencies, net sales increased by 3 percent. Excluding Russia, Belarus and Ukraine the increase was 16 percent in SEK and 7 percent in local currencies.


* The amount is provisional and may deviate slightly from the three-month report that will be published on 30 March 2023.



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#Recycling / Circular Economy

textile.4U publishes special edition “Top 100 Textile Recycling Companies 2025”

With a comprehensive 176-page special edition, textile.4U is dedicating its latest issue entirely to one of the most dynamic and influential topics in today’s textile industry: textile recycling. The new issue, published exclusively in high-quality print, presents the Top 100 textile recycling companies researched and selected by TexData – organizations that already play a key role in the transition to circular textiles or are expected to have a significant impact in the near future.

#Recycling / Circular Economy

Responsible Textile Recovery Act of 2024 signed by Governor

Senator Josh Newman (D-Fullerton) is proud to announce that Senate Bill 707 (SB 707), the Responsible Textile Recovery Act of 2024, has been signed into law by the Governor of California, Gavin Newsom. This groundbreaking legislation establishes the country’s first Extended Producer Responsibility (EPR) textile recycling program, marking a significant step forward in the state’s efforts to combat waste and promote sustainability.

#Textiles & Apparel / Garment

Modtissimo promotes sustainability with 28 coordinates in the Green Circle

Modtissimo is proving more and more to be a textile and clothing show that delivers the latest innovations in the area of sustainability, with the iTechStyle Green Circle being the main showcase for companies' creations. In this 60+4 edition, taking place on 12 and 13 September, 28 coordinates will be exhibited in a section organised by CITEVE and curated by Paulo Gomes.

#Europe

The EU and Egypt team up to mobilise private sector investments at Investment Conference and sign a Memorandum of Understanding underpinning €1 billion in macro-financial assistance for Egypt

At the EU-Egypt Investment Conference, co-organised by the EU and the Government of Egypt on 29-30 June, the EU and Egypt are teaming up to intensify private sector investments in Egypt. They are also signing a Memorandum of Understanding (MoU) for the disbursement to Egypt of up to €1 billion in Macro-Financial Assistance.

More News on Retail & Brands

#Recycling / Circular Economy

Recover™ secures multi-year recycled cotton agreement with H&M

Recover™ has signed a multi-year agreement with H&M to support the integration of its recycled cotton fiber, RCotton, for use in H&M’s products. Since early 2024, H&M and Recover™ have collaborated on product development, which now enables scaled commercial introduction of Recover™ mechanically recycled cotton into H&M’s collections.

#Sustainability

GORE-TEX® KIDSWEAR launches innovative membership scheme for kids’ jackets

With its revolutionary new membership model, GORE-TEX® Kidswear now offers families a simple, flexible and sustainable way of kitting out their children in top-quality jackets. It is aimed at the parents of children aged between five and ten and kicks off with a choice of functional winter jackets.

#Sustainability

H&M Foundation funds pioneering initiative to build the factories of the future

The H&M Foundation is committing SEK 53 million (approx. EUR 5 million) towards Future Forward Factories, a five-year initiative led by Fashion for Good, to address fashion’s most polluting stage: tier 2 textile processing.

#Natural Fibers

Better Cotton Initiative marks World Cotton Day with launch of innovative product label

The Better Cotton Initiative (BCI) has launched an innovative product label for the fashion and textile sectors which allows retailer and brand members to provide consumers with greater clarity about the origin and percentage of BCI Cotton in their products.

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#Recycling / Circular Economy

Toray develops recycling technology that retains carbon fiber strength and surface quality

Toray Industries, Inc., announced today that it has developed a recycling technology that can decompose diverse carbon fiber reinforced plastics (CFRP) made from thermosetting resins while retaining the strength and surface quality of those fibers. The company drew on this technology to create a nonwoven fabric employing recycled carbon fibers.

#Research & Development

Panty liners prevent bacterial vaginosis

Worldwide, almost one third of women of childbearing age suffer from bacterial vaginosis. This is when the sensitive microbiome of the vagina becomes unbalanced. Such a disorder of the vaginal flora can cause urogenital infections, abscesses on the ovaries or fallopian tubes or premature births. This significantly increases the risk of infertility in women and of contracting a sexually transmitted disease or HIV.

#Research & Development

Soft interfaces: Textile-integrated light switches, made possible by printable Liquid Metal Ink

A gentle tap on the knitted lampshade is enough to switch on the light. The lamp developed by Fraunhofer IZM in cooperation with WINT Design Lab works with a revolutionary conductive ink. Visitors can find out more and try the lamp themselves at the Berlin Science Week on November 1st and 2nd.

#Functional Fabrics

PERFORMANCE DAYS sets benchmarks with record attendance & strong industry presence

With around 4,500 professional visitors and 515 exhibitors, PERFORMANCE DAYS closed its doors on October 30, 2025, after two highly successful days in Munich. Expanded show areas, an international audience, a top-class Expert Talks program, and an inspiring DAY 0 Conference with an innovative concept underlined one thing clearly: PERFORMANCE DAYS has become the leading business platform for the functional textile industry.

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