Zara owner Inditex's suppliers to buy 2,000 tons of fibre recycled from cotton waste
27/10/2023 13:18
MADRID, Oct 27 (Reuters) - Zara owner Inditex ITX.MC ,
the world's largest clothing retailer, said on Friday its
suppliers would buy 2,000 metric tons of a raw material made out
of cotton textile waste by Swedish company Renewcell.
Renewcell is one of the world's first commercial-scale
textile-to-textile recycling factories that helps clothing
retailers to replace virgin fibres with recycled textiles.
Inditex, which like other fast-fashion retailers is under
pressure to reduce waste and use recycled fabrics, earlier this
week, signed a deal to buy recycled polyester from a U.S.
startup. The Spanish company intends to source 25% of its fibres
from "next generation" materials by 2030.
Inditex placed 621,244 tons of garments on the market last
year, according to its annual report.
Renewcell produces a textile pulp made from cotton waste
recycled in a chemical process, and is branded as Circulose.
Levi Strauss LEVI.N has already signed a deal with
Renewcell to buy Circulose to make one of its blue jean pants,
adding it to organic cotton.
Swedish retailer H&M HMb.ST also agreed in 2020 to use
Circulose material across its brands over a five-year period,
Renewcell says on its website.
Renewcell said earlier this month it had sold around 14,400
tonnes of Circulose as of the end of September.
(Reporting by Corina Pons
Editing by Inti Landauro and Mark Potter)
((corina.pons@thomsonreuters.com; 0034 690725854; Reuters
Messaging: corina.pons.thomsonreuters.com@reuters.net))