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in Fashion

Inditex to Buy Recycled Polyester From Us Start-Up

by Editor October 25, 2023, 10:09 am 1.3k Views

Inditex to Buy Recycled Polyester From Us Start-Up

Zara owner Inditex, the world’s biggest clothing retailer, has agreed to buy recycled polyester from US start-up Ambercycle, according to a document seen by Reuters.

As fast-fashion retailers face pressure to reduce waste and use recycled fabrics, Inditex will invest €70 million ($74.19 million) in buying Ambercycle’s recycled polyester made from textile waste. Polyester, a product of the petroleum industry, is widely used in sportswear…

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