US Senators Propose $14 Billion Circular Fashion Bill, SEC Approves Climate Rules, New Remake Report Reveals Industry Shortcomings, and H&M Group Launches New Textile Recycling Venture
Welcome to Week/End, your quick-hit guide to this week’s news at the intersection of fashion, ethics, sustainability, and business.
H&M Invests $600M in New Textile-to-Textile Recycled Polyester Venture: Syre
H&M Group and Vargas Holding introduce Syre, a new venture aimed at expanding the scale of textile-to-textile recycling for polyester.
Textile Recycling Pioneer Renewcell is Filing for Bankruptcy
The pioneering textile recycler known for its CIRCULOSE® material has filed for bankruptcy.
What is Circular Fashion?
What is circular fashion, why is it the future, and more importantly, how do we get there?
Why Can’t We Just Recycle Our Old Clothes?
If fashion could achieve a closed-loop system, nothing would ever go to the landfill. Clothes would be endlessly recycled. The problem, however, is that we currently can't do that.