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Why Adidas is Investing in This Sustainable Fiber Innovator’s IPO

From new denim constructions, weights and washes to the steps global mills are taking to reduce impact, Rivet's SS23 In Season Look Book: Denim & Trims has everything you need to know for a successful denim season.

Sustainable textile material innovator Spinnova is filing for an initial public offering (IPO), and has attracted Adidas as one of its chief investors in the process. The German athletic giant has agreed contribute 3 million euros ($3.65 million), bringing the total investment Spinnova has secured to date to 58 million euros ($70.6 million). The move…

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