"Circular Fashion" News Archive

Levi’s Recommerce partner Trove secures $30 million in Series E funding, driving the expansion of its innovative resale network and partnering with industry experts for strategic growth.

As Nike strengthened its grip on the ultracompetitive athletic market over the past 50 years, the company has worked to evolve and strengthen its purpose.

Launching just in time for Earth Month, the partnership between lingerie brand Adore Me and sustainable cornerstone YesAnd will be the first of its kind to guide, grade, and support the sustainable fashion shopping experience.

This new platform is one more action that is part of Inditex's sustainability approach and its commitment to moving toward a circular economy model.

Italian fashion house Gucci has joined the Ellen MacArthur Foundation as a strategic partner as part of its ongoing commitment to achieving positive change for both people and the planet.

The Finnish fashion and textile technology company Infinited Fiber Company has completed a 40 million-euro funding round from new investors such as Inditex, TTY Management, Youngone and Goldwin, as well as its existing ones.

Banofi, a banana leather producer, has won the Hult Prize's first-ever fashion-focused competition, earning $1 million in seed funding for their innovative sustainable leather made from discarded banana waste, presented by Stella McCartney.

The European Union has banned vague environmental marketing claims, requiring terms like "environmentally friendly" and "climate neutral" to be backed by concrete evidence, marking a significant move to combat greenwashing and protect consumers.

Investing in Mirum, the new material has a carbon footprint 40 times smaller than conventional leather.

According to the Amsterdam-based global platform, a new end market for non-reusable textiles supported by a digital matching system is required to achieve a circular system.