Fashion has a polyester problem
June 1, 2021
Some clothing manufacturers have begun using recycled bottles as a means to produce synthetic fabrics instead of using polyester. The environmental costs of polyester manufacturing are high as it requires large amounts of fuel and is damaging to the air and water. Roger Lee, CEO of TAL Apparel, said that recycled materials may displace polyester. “The cost of using that has come down to the same price as using virgin polyester. And that’s the key — if the price is the same … [it’s] a no-brainer. It saves environments [and has] the same commercial costs.”
Recent News
Sweetgreen Introduces Steak to the Menu
Sweetgreen, known for its signature salad bowls, has introduced steak to its menu for the first time, marking a significant change for the brand.
Disney Struggles With Streaming Profitability
Disney’s recent financial report reveals a mixed bag of results, with a significant focus on the challenges of making its streaming services profitable.
Starbucks Releases Summer Menu Selections
As summer dawns, Starbucks has unveiled its seasonal lineup, featuring the debut of the Summer-Berry Starbucks Refreshers beverages, available beginning May 7 in the U.S.
Live Nation Addresses Unlikely Breakup Amid Looming DOJ Lawsuit
In a recent discourse addressing the specter of a Department of Justice (DOJ) lawsuit, Live Nation’s chief financial officer and president, Joe Berchtold, offered insights into the impending legal predicament.