Cedric Rossi ...
  • Xavier Regnard

Luxury & Fashion New key milestone achieved as IFC picks location for its first Infinna™ fibre factory

Yesterday, IFC announced it had picked a location for its first commercial-scale Infinna™ fibre factory, which is leased from Stora Enso in Kemi, north-western Finland. The plant requires an investment of around EUR400m and would reach full capacity in 2025. Reaching this key milestone brings IFC closer to its objective of scaling up production its Infinna™ upcycled textile fibre in order to supply major fashion groups such as Inditex, PVH, Patagonia and H&M, which have committed to use it. As a reminder, last month Inditex announced a three-year commitment to buy 30% of IFC’s annual future production of Infinna™ over the 2024-27 period for a total value of EUR100m (see our comment).
Bryan Garnier
Bryan Garnier

Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.

Cedric Rossi

Xavier Regnard

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