Circularity
Why Renewcell’s Bankruptcy Might Be the Push Textile Recycling Needed
In the weeks since one of the industry’s most promising recycling start-ups filed for bankruptcy, big brands have put more money and more commitment into bringing innovations to market.
H&M Places New Bet on the Future of Fashion Recycling
The fast-fashion giant has joined Vargas and TPG to back a new polyester recycling venture following its failed bet on Renewcell.
AI, Outlets, Recycling: Can Luxury Solve Its Billion-Dollar Excess Inventory Problem?
LVMH and Kering wrote down billions of dollars of unsold inventory last year. What to do with it has become an increasingly complex challenge.
Renewcell Files for Bankruptcy
The Swedish textile recycler said it was unable to secure sufficient long-term funds to continue operations.
The Year Ahead: What to Expect as New Sustainability Rules Roll In
The State of Fashion 2024's essential guide to incoming sustainability regulation reveals how and why retailers, brands and manufacturers need to revamp business models to align to a shifting regulatory landscape.
How Fashion’s Business Model Is Wasteful by Design
Excess is built into the economics of the industry at every step of the value chain, writes Kenneth P. Pucker.
Resale’s Fast Fashion Purge
Vestiaire Collective will now block 30 brands including Gap, H&M and Zara from its platform, adding to an earlier ban on Boohoo and other low-priced online retailers. It’s an eco-conscious spin on a broader push upmarket by secondhand companies.
A New Start-Up Wants to Take the Guessing Out of Resale. Can It Work?
Croissant is a start-up that melds retail with resale, showing shoppers the secondhand market value of products they want to buy, as well as offering them a simple way to resell those items for immediate cash.
What’s Blocking the Rise of More Sustainable Materials?
Weaker-than-expected demand for Swedish textile recycler Renewcell’s first commercial volumes of recycled cellulose pulp has sent the company’s stock price plummeting and highlighted broader hurdles challenging efforts to lessen fashion’s environmental footprint.
What’s Blocking the Rise of More Sustainable Materials?
Weaker-than-expected demand for Swedish textile recycler Renewcell’s first commercial volumes of recycled cellulose pulp has sent the company’s stock price plummeting and highlighted broader hurdles challenging efforts to lessen fashion’s environmental footprint.
Recycler Renewcell Replaces CEO Amid Weak Sales
Shares in the Swedish textile-to-textile recycling pioneer have fallen nearly 80 percent since it flagged weaker-than-expected uptake of the cellulosic pulp it produces.
Can Fashion’s Multi-Million-Tonne Trash Problem Be Controlled?
Regulators are trying to crackdown on the pollution caused by throwaway fashion. But ensuring old clothes aren’t treated as trash is trickier than it seems.
Report Finds Resale Can Reduce Carbon Footprints — Sometimes
A new study from Trove and Worldly found that if luxury and outdoor apparel brands can grow their resale offering to account for a quarter of total revenue, then they can substantially reduce carbon emissions. Fast fashion, not so much.