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Nike signs future deals with recycling partners Loop and Syre

Sportswear giant Nike has announced two multi-year partnerships with circular fabric suppliers Loop Industries and Syre, marking a further step in its commitment to circular materials. The announcements were made in separate press releases from the suppliers. The agreement with Montreal-based Loop Industries is an offtake agreement. Nike has...

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Business

Loop Industries reports progress on global expansion, reduces Q2 loss

Loop Industries, a clean technology company focused on accelerating a circular economy for polyester, reported its consolidated financial results for the second quarter of fiscal year 2026, highlighting significant progress on its global expansion projects. Loop's financial results for the quarter reflect focused cost management, with cash...

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