HeiQ rallies on Hugo Boss backing for ‘game-changing’ fabric
Shares in innovative textiles maker HeiQ (HEIQ) jumped as much as 9% to 92p after the firm revealed it had received commercial backing from German apparel group Hugo Boss.
The two companies have signed an agreement to develop and market HeiQ’s latest high-performance, climate positive, cellulose yarn, with BOSS investing $5 million in HeiQ subsidiary AeoniQ to help fund its pilot ...