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

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.

Bangladesh could capture $1.2b of recycled textile industry - Vimarsana News

Bangladesh could capture $1.2b of recycled textile industry

Bangladesh has the potential to produce $1.2 billion worth of recycled textile and garment items as the country has a big production base for cotton fibre clothing items, according to a recent study by the Global Fashion Agenda (GFA) and McKinsey & Company.

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

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. 

Accelerating Circularity in Europe - Vimarsana News

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 scaled to maximise their impact,” said founder and president Karla Magruder. “The launch of Accel...

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

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 Accelerating Circularity Europe exemplifies this approach and advances our goal of enabling the industry t...