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Lenzing’s 2020 Capex Spending Paves the Way for ‘Zero-Carbon Future’

COVID-19 recovery is on the horizon but the pandemic's impact on sustainability, retail, product development and consumer buying patterns means the denim industry must evolve. Join Rivet on April 20th at 11 am ET for the COVID, One Year Later roundtable.

After posting a net loss and revenue decline in 2020, Lenzing said its operating results are poised to return to pre-crisis 2019 levels this year. In a Nutshell: The Lenzing Group said Thursday that it responded to the “extremely difficult market environment” due to the coronavirus crisis in 2020 by implementing a broad package of…

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