MARKET & ECONOMY​

Swedish fashion retailer, Hennes & Mauritz (H&M), has chosen Eastman Naia Renew cellulosic fibres in its conscious exclusive autumn/winter 2020 collection. H&M’s sustainable womenswear collection will feature eco-luxe garments made from Naia Renew, a cellulosic yarn made from 60 per cent certified wood fibres and 40 per cent recycled waste plastics such as carpet fibres and plastic packaging.

Textile materials technology innovator HeiQ (LSE:HEIQ) has become a publicly listed company on the London Stock Exchange main market. The admission follows an oversubscribed placing and subscription, raising £60 million (before expenses).