Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

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

Looking to bolster your data-driven production capabilities? Join our June 7 webinar to learn how Carhartt is working with Lectra and DXM Inc. to manufacture garments on-demand, accelerate the “test-and-learn” product development process and enhance speed to market.

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…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands

Access exclusive content Become a Member Today!