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Tag: textile recycling
H&M Group and Vargas Holding Launch Syre, a Joint Venture to Revolutionize Textile Recycling
March 6, 2024
The co-founded venture, also backed by TPG Rise Climate, aims to rapidly scale textile-to-textile recycling of polyester and contribute to a more sustainable textile industry. H&M Group has secured an...
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McKinsey: Scaling textile recycling in Europe—turning waste into value
July 14, 2022
Fiber-to-fiber recycling at scale could be achieved by 2030, creating a new and sustainable circular industry in Europe. Today, more than 15 kilograms of textile waste is generated per person in...
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