Bestseller and H&M Group have pledged $100 million to help develop a renewable-energy project in Bangladesh, a possible template for more meaningful investment in decarbonising the industry.

The French luxury giant participated in a $46 million funding round intended to accelerate commercialisation of San Francisco-based VitroLabs’ lab-grown leather.

The 3D fashion design software company counts Adidas, Inditex and Hugo Boss among their clientele, and considers its technology as a change agent, driving forward industry transformation and a sustainable design process.

In the latest special edition of the BoF Podcast, Kalpona Akter, founder and executive director of the Bangladesh Centre for Worker Solidarity, joins BoF’s Imran Amed to discuss the impact of Covid-19 on the millions of garment workers left destitute as the world's largest retailers cancel orders.

Covid-19 has spotlighted inequalities that labour rights advocates have been campaigning to fix for years. But while the crisis could push forward systemic change, many fear it could also make things worse.

The Stockholm-based fintech company said it would invest proceeds to expand in the United States, where it was adding new customers at an annual rate of 6 million.

Check out this week’s new partners and openings on BoF Careers, the global marketplace for fashion talent.

Expectations that the payment service firm will go public have grown since the company doubled down on growth last year.