#Retail & Brands

2023-12-07

HUGO BOSS invests in strategic partnership with sustainable venture capital fund collateral good

HUGO BOSS further strengthens its commitment to a more sustainable future by becoming the first company to invest in Collateral Good Ventures Fashion I, a climate-first venture capital fund designed to accelerate sustainability in the fashion industry.

The Fund will use this contribution over a period of five years to subsidize several portfolio companies that are in the startup, early growth and potential stages and are developing innovative solutions and technologies in the sustainability field. This includes various areas along the entire value and supply chain, such as upcycling of raw materials, preventing microfibre releases as well as repair and care solutions.

“Our CLAIM 5 strategy defines our growth trajectory, but at the same time, it is guided by our commitment to be sustainable throughout”, says Daniel Grieder, Chief Executive Officer of HUGO BOSS. ”The partnership with Collateral Good perfectly complements our sustainability strategy “For a bold and better future”, which strives for a planet free of waste and pollution. Through this new form of investment, we will look for new solutions to target areas such as increasing circularity, using only nature-positive materials, eliminating microplastic pollution, and achieving zero emissions.”

The Luxembourg-based venture capital fund is classified as a “Dark Green Fund” under the EU Sustainable Finance Disclosure Regulation (SFDR Art. 9), and thus pursues a clear sustainable investment objective. With a total target volume of EUR 100 million, of which approximately 10% will see investments by HUGO BOSS, it has already attracted interest from notable family offices, asset managers and institutional investors.

The fund will operate under the name “Collateral Good Ventures Fashion I SCSp RAIF”.

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

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Responsible Textile Recovery Act of 2024 signed by Governor

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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.

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.

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

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

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Italian textile machinery: Orders index declines in 2025 third quarter

In the third quarter of 2025, the orders index for textile machinery – compiled by ACIMIT’s Economics Department (the Association of Italian Textile Machinery Manufacturers) – recorded a 16% decrease compared to the same period in 2024. In absolute terms, the index stood at 41.8 points (base year 2021 = 100).

Indorama Ventures’ Fibers business and Jiaren Chemical Recycling form joint venture to enhance global textile circularity

Indorama Ventures’ Fibers business, a leading global supplier of recycled technical textiles, polyester fibers and yarns, and Jiaren Chemical Recycling, a technology leader in chemical polyester recycling, form a joint venture to accelerate circularity in the global textile industry. Both partners plan to leverage the joint venture to unlock up to 100,000 tonnes of textile-recycled PET spinning capacity annually, thereby enhancing the resilience and transparency of the global textile supply chain and optimizing the value both partners deliver to the industry.