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Stock impact report

PUMA Part of Consortium to Unveil World's First Piece of 100% "Fibre-to-Fibre" Biorecycled Clothing [Yahoo! Finance]

PVH Corp. (PVH) 
Last pvh corp. earnings: 4/1 04:15 pm Check Earnings Report
US:NYSE Investor Relations: pvh.com/investor-relations
Company Research Source: Yahoo! Finance
first piece of clothing made entirely from textile waste by using a new biorecycling technology developed by French company CARBIOS The project created a plain white T-shirt, which was made from mixed and colored textile waste. By using CARBIOS' biorecycling technology, the polyester was broken down using enzymes into its fundamental building blocks to produce biorecycled polyester. The quality of the recycled textiles is on par with oil-based virgin polyester. "PUMA's wish is to have 100% of our polyester coming from textile waste. Today's announcement is an important milestone towards achieving this and making our industry more circular," said Anne-Laure Descours, Chief Sourcing Officer at PUMA. "We now need to work together to make sure we can scale up this technology to make the largest possible impact. We're excited to be part of this breakthrough and setting new standards for fibre-to-fibre recycling." The aim of the consortium is to collectively advance the textile indust Show less Read more
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