The world needs systems, not islands — scaling circularity means scaling integration. At the just-concluded 4th Sustainable & Circular Textiles, Apparel & Footwear event in Brussels, the call was clear: circularity won’t happen by chance—it takes bold collaboration and aligned action across the value chain. The conversations were honest, the momentum real but with an underlying message that was consistent: circularity requires clarity.
There is a very interesting overlap between the traditional wood pulp industry and new innovative textile fibres, especially manmade cellulosic innovations coming out of the Nordics. These innovative fibres could well change the fashion business. A first hand account of the just-concluded Pulp & Beyond 2024 event in Helsinki.
Espoo, Finland: Technology and fashion company Infinited Fiber Company has successfully completed a two-part development financing round totaling 40 million euros, with significant investments from new investors Inditex, TTY Management, Youngone and Goldwin, in addition to existing ones.
The new investors are Inditex Group, the parent company of...
Innovation platform Fashion for Good has published a report to help unlock the capital needed to scale up sustainable innovation in the textiles industry. The report reviews the different types of capital available to close the funding gap within the commercialisation stage.
In yet another step towards sustainability, Looper Textile Co, a new standalone venture by H&M Group with German MNC Remondis, will now collect, sort and sell used and unwanted garments and textiles, thereby extending the highest use of valuable resources.
A consortium of 12 major players from across the entire recycling value chain has launched a EU-funded project to create a circular system for post-consumer textile waste. The T-REX Project (Textile Recycling Excellence) will work to create a harmonised EU blueprint for closed-loop sorting, and recycling of household textile waste.
The turbulence caused by the ongoing war in Ukraine and the uncertainty in commodity and financial markets has resulted in growing consumer demand for high-quality textiles. Finnish fibre manufacturer Infinited Fibre Company is responding to this demand by scaling up production of its Infinna fibre.
Endeavouring to extend the lifespan of products, footwear major Adidas and designer Stella McCartney have launched the first of its kind sportswear garment designed to demonstrate the potential of a circular fashion ecosystem.
Fashion and textile technology company Infinited Fiber Company plans to build a commercial-scale factory to produce regenerated textile fibre for the world’s leading apparel companies at the site of renewable materials company Stora Enso’s closed Veitsiluoto paper mill in Kemi, a Finnish city on the northern shore of the Baltic Sea. The size of the investment is estimated at €400 million, and it is expected to create around 270 jobs in the area.