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Bangladesh has $1.2b potential sector for recycled textile, a global study finds

Bangladesh has the potential to produce $1.2 billion worth of recycled textile and garment items as the country has a big production base of cotton fibre made clothing items, according to a new study by the Global Fashion Agenda (GFA) and the McKinsey & Company.
Republic Of Irene Maffini Corinne Sawers Martin Stenfors Mumit Hasan Peder Michael Pruzan Jorgensen

Reverse Resources secures EUR 850K from Bangladesh Angels Network and others

Bangladesh Angels Network (BAN), an angel investment network in Bangladesh, has announced another seed investment round led by Estonian angel investors, in Reverse Resources (RR), a SaaS platform to map, match and trace waste from textile factories to recycling and help fashion brands achieve full circularity by 2030. 
Bangladesh Angels Network Fashion Partnership Reverse Resources Circular Fashion Partnership Global Fashion Agenda

Accelerating Circularity in Europe

Accelerating Circularity in Europe 28th May 2021 Building on the success of its work in researching, mapping, modelling and linking circular textile-to-textile systems in the United States, Accelerating Circularity is launching a new project based in Europe. In January this year, the Walmart Foundation invested $1.2 million into the organisation’s circular trials using waste textiles generated on the East Coast of the USA. “We think of successful projects as those that can be repeated and s...
United States Laura Coppen Karla Magruder Walmart Foundation Recyclatex Group European Outdoor Group

Accelerating Circularity Launches European Project: Founding Members Signal Potential For Global Scale

May 27, 2021 CAMPBELL HALL, NY — May 27, 2021 — Building on the success of its work researching, mapping, modeling, and linking circular textile-to-textile systems in the United States, Accelerating Circularity today announced the launch of a new project based in Europe. In discussing the organization’s expansion, Founder and President Karla Magruder said, “We think of successful projects as those that can be repeated and scaled to maximize their impact. The launch of Accele...
United States Laura Coppen Karla Magruder Helene Smits Marieke Koemans Kokkelink Recyclatex Group

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Brands join forces for circularity in Bangladesh

Brands join forces for circularity in Bangladesh Bringing innovation to where textile and garment manufacturing is already happening is an important element of making fashion sustainable. 23rd April 2021 Infinited Fibre Company is one of the over 30 renowned fashion brands, manufacturers and recyclers collaborating in the Circular Fashion Partnership – a new initiative to capture and reuse textile waste in Bangladesh, the second-biggest garment manufacturer in the world. The Circular Fashion ...
Republic Of Kirsi Terho Hm Group Marks Spencer Kmart Australia Infinited Fibre Company

Wanted: Green business ideas to fix climate change

Wanted: Green business ideas to fix climate change In The News 01 Mar 2021 Starting today, the seventh edition of the global green business ideas competition ClimateLaunchpad opens for applications. The programme, supported by EIT Climate-KIC and TU Delft, helps aspiring entrepreneurs grow their cleantech ideas into global businesses. Think of innovations in adaptation, renewable energy, food and agriculture, water, transportation, industrial technology, or any other way to tackle c...
Zuid Holland National Finals Hm Group Estonian National Winner Fashion Partnership National Winner

Circular economy in RMG: Reducing and reusing waste is the way to go

Globally, one garbage truckload of textiles is landfilled or incinerated every second and less than 1 percent of fibres used in garment manufacturing are converted into new wearable clothing. This is due to the linear economy in the textile industry which is characterised by a one-way system: resources are converted into manufactured products which are sold for use and
Republic Of Miran Ali Sustainable Development Goal Marks Spencer Kmart Australia Sustainability Council

Amid industry upheaval, Bangladesh is a safe pair of hands

Share Bangladeshi labourers work in a garment factory in Gazipur. Bangladesh’s crucial textile industry saw a sharp rebound from the Covid-19 crisis in August, with exports surging nearly 50 per cent as factories swung into full gear to meet orders from global retailers. AFP Amid industry upheaval, Bangladesh is a safe pair of hands Tue, 16 February 2021 High streets around the world are changing rapidly. The Covid-19 pandemic has led to a great many store closures and seen more and more busi...
United Kingdom Rana Plaza Bangladeshi Ready Made Garment Bangladesh Accord Global Fashion Agenda Reverse Resources

Leading fashion players implement circular systems in Bangladesh

Leading fashion players implement circular systems in Bangladesh Over 30 renowned fashion brands, manufacturers and recyclers are collaborating in a new initiative to capture and reuse textile waste in Bangladesh. Global Fashion Agenda on Thursday announced the participants of the Circular Fashion Partnership, including the global brands Bershka, Bestseller, C&A, Gina Tricot, Grey State, H&M Group, Kmart Australia, Marks & Spencer, OVS, Pull & Bear, Peak Performance and Target Australia. The Ci...
Republic Of Miran Ali Morten Lehmann Hm Group Marks Spencer Northern Group

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