Fashion giant Inditex has announced a three-year partnership with LA-based start-up Ambercycle to help “scale textile-to-textile recycled polyester”.
Zara’s parent company said the agreement involves buying a “significant portion of the annual production of cycora”, which is Ambercycle’s production of recycled polyester, for €70m (£61m).
Please sign in now if you have a subscription or are already registered with us.
Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.
Register today for a taste of our high-quality intelligence and enjoy:
Discover Retail Week register now
Please note, if you have recently purchased a subscription, it may take a few moments before your account is updated.