Colourant specialist Sparxell gets key fashion innovation recognition
LVMH-backed eco tech developer start-up Sparxell has received two prestige international sustainability awards.
The UK company has been named among the prestigious 'ChangeNow Change 100' winners for 2025, joining 'a definitive list of the top sustainability start-ups to watch this year'.
And during the recent ChangeNow summit in Paris, the company was additionally awarded the jury's 'Coups de Cœur' recognition in the fashion category, highlighting its game-changing potential to transform the fashion industry'.
Sparxell, a University of Cambridge spin-out and 'developer of the world's first high-performance, plant-based colourant technology', joins an elite group 'demonstrating exceptional impact potential, scalability, and business viability while creatively rethinking industry standards'.
It said this latest achievement reinforces its 'growing momentum as it transforms the $48 billion global colourants market with its revolutionary 100% plant-based, high-performance biodegradable colour platform'.
Dr Benjamin Droguet, founder and CEO of Sparxell said the two recognitions 'validate our mission to revolutionise how industries approach colour.
'This comes at a pivotal moment as we scale our technology to transform how the entire fashion industry approaches colour. Through this innovation, we're not just creating sustainable products - we're helping shape a world where beautiful, high-performance materials work in harmony with nature rather than against it.'
This recognition comes as Sparxell recently secured a €1.9 million grant from the European Innovation Council (EIC), adding to investments from the L'Oréal-backed Circular Innovation Fund and support from Innovate UK.
It has also established partnerships with luxury brands under LVMH's La Maison des Startups.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
France 24
13 hours ago
- France 24
'We protect our society as a whole' when our leaders encourage us to unite against violent rhetoric
11:36 04/06/2025 There is no accountability for atrocities against Syrian minorities, analyst says Middle East 04/06/2025 The real target is the Chinese economy, trade expert says, as 50% metals tariffs take effect Americas 04/06/2025 US- and Israeli-backed group pauses food delivery in Gaza after deadly shootings Middle East 04/06/2025 Trump says Putin told him that Russia will respond to Ukrainian attack on airfields Europe 04/06/2025 Aryna Sabalenka criticizes sexist scheduling of French Open women's matches Sport 04/06/2025 Syria's Alawite women face growing threats 04/06/2025 US: Rise of antisemitic acts raises concerns about Jewish community's security 04/06/2025 Ukraine military aid meeting in Brussels proceeds without US 04/06/2025 Madagascar's malnutrition crisis deepens with climate shocks and aid cuts
Fashion Network
a day ago
- Fashion Network
L'Oréal plans major growth in India, expanding production and brand investments
Global cosmetics giant L'Oréal aims to double its business in India over the next few years, while also strengthening its local production capacity. 'India is a very strategic market for L'Oréal,' said Nicolas Hieronimus, the group's CEO, during a meeting with journalists held during the official visit to France by Piyush Goyal, India's Minister of Commerce and Industry, according to the Press Trust of India. 'We intend to more than double our business in the coming years, expand our factories—which already produce 95% of what we sell in India—and increase our exports to the broader region,' the executive stated. L'Oréal currently manufactures approximately 500 million units annually in India, with a significant share destined for export. According to India Retailing, these exports primarily consist of hair and skincare products sent to Gulf countries. 'This is just the beginning of a great adventure,' said Nicolas Hieronimus, referencing plans to boost industrial capacity in the years ahead. L'Oréal India, which has operated in the country since 1994 through its wholly owned subsidiary, manages a brand portfolio that includes products from its Consumer division, such as L'Oréal Paris, Garnier, Maybelline New York, and NYX Professional Makeup, as well as luxury brands including Kiehl's, Lancôme, and Yves Saint Laurent Beauté. India remains a key market for the group, which invested in two local brands in March: Deconstruct (skincare) and Arata (hair care). Both investments were made through Bold, L'Oréal's fund dedicated to minority stakes in innovative beauty startups. Propelled by a growing middle class, the Indian beauty market is projected to reach $30 billion (€28.8 billion) by 2027.
Fashion Network
a day ago
- Fashion Network
L'Oréal plans major growth in India, expanding production and brand investments
Global cosmetics giant L'Oréal aims to double its business in India over the next few years, while also strengthening its local production capacity. 'India is a very strategic market for L'Oréal,' said Nicolas Hieronimus, the group's CEO, during a meeting with journalists held during the official visit to France by Piyush Goyal, India's Minister of Commerce and Industry, according to the Press Trust of India. 'We intend to more than double our business in the coming years, expand our factories—which already produce 95% of what we sell in India—and increase our exports to the broader region,' the executive stated. L'Oréal currently manufactures approximately 500 million units annually in India, with a significant share destined for export. According to India Retailing, these exports primarily consist of hair and skincare products sent to Gulf countries. 'This is just the beginning of a great adventure,' said Nicolas Hieronimus, referencing plans to boost industrial capacity in the years ahead. L'Oréal India, which has operated in the country since 1994 through its wholly owned subsidiary, manages a brand portfolio that includes products from its Consumer division, such as L'Oréal Paris, Garnier, Maybelline New York, and NYX Professional Makeup, as well as luxury brands including Kiehl's, Lancôme, and Yves Saint Laurent Beauté. India remains a key market for the group, which invested in two local brands in March: Deconstruct (skincare) and Arata (hair care). Both investments were made through Bold, L'Oréal's fund dedicated to minority stakes in innovative beauty startups. Propelled by a growing middle class, the Indian beauty market is projected to reach $30 billion (€28.8 billion) by 2027.
