Press Release


On 20 March 2018, Vegea was invited at Global Change Award, one of the world’s leading challenges for early stage innovation initiated by the H&M Foundation, aiming to make fashion circular to protect the planet and our living conditions. Now in Its third edition, this year the competition received 2,600 innovations from 151 countries!


Last year Vegea Company was awarded the best 2017 innovation for having developed a new technology which is able to transform a winemaking byproduct into a biobased technical textile.

Karl-Johan Persson, Board member of H&M Foundation and CEO of H&M group, introduces the event. During the day time Summit at Stockholm House of Culture It was held a conversation on how we can move the fashion industry towards a circular future within the planetary boundaries.


Andrew Morlet, Chief Executive at Ellen MacArthur Foundation, Anna Gedda, Head of Sustainability H&M group, Bandana Tewari, Editor-at-large, Vogue India, Edwin Keh, CEO The Hong Kong Research Institute of Textiles and Apparel, Jan Eliasson, former Deputy Secretary-General of the UN, Jill Standish, Senior Managing Director and Head of Accenture Global Retail, Lewis Perkins, President Cradle to Cradle Products Innovation Institute, Lisa Ericsson, Head of KTH Innovation at KTH Royal Institute of Technology. These are only a few of the names of the brilliant minds attending the event.


Gianpiero Tessitore, Owner of Vegea, was part of the panel at the summit: Bringing fashion innovation to the customer. The panel also included Bandana Tewari, Editor-At-Large Vouge India.

“Fashion brands are interested in delivering modern collections that reject toxic substances and cruelty to animals by offering biobased alternatives. Companies are taking huge steps to focus on innovative fabrics. The great interests we received is proving this.” explained Tessitore.



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