[pageLogInLogOut]

#Recycling / Circular Economy

H&M Foundation supports The Fashion ReModel to accelerate the uptake of circular business models for fashion

H&M Foundation has announced its philanthropic support for The Fashion Initiative’s latest demonstration project, The Fashion ReModel. This initiative aims to accelerate the adoption of circular business models within the fashion industry over the next three years.


As a newly joined Philanthropic Partner in the Network, H&M Foundation’s commitment will facilitate efforts to make circular business models mainstream. Launched at the Global Fashion Summit in Copenhagen in May 2024, The Fashion ReModel collaborates with leading fashion brands to explore scalable solutions, address industry barriers, and help decouple revenue from production.

Circular business models—including rental, resale, repair, and remaking—offer significant growth opportunities for the fashion industry. These models allow brands to generate revenue without producing new garments, with projections estimating a market value of USD 700 billion by 2030.

Industry Leaders Advocate for Circular Fashion

“We must decouple revenue from the production of new garments and the use of natural resources. Embracing circular business models is essential—there’s simply no credible path to meeting global climate and biodiversity targets without transforming the way we do business,” stated Christiane Dolva, Head of Innovation, Research & Demonstration at H&M Foundation.

Jules Lennon, Fashion Lead at the Ellen MacArthur Foundation, emphasized the importance of industry collaboration: “We’re excited to have philanthropic support from H&M Foundation as we work to make circular business models the norm. We welcome business-led action to make this a reality. Our demonstration project, The Fashion ReModel, is an opportunity for organizations to take further steps on their long-term circular economy journey.”

Driving Change for a Sustainable Future

The Fashion ReModel is designed to push the boundaries of what is possible, striving to create viable economic structures for circular business models. By sharing key insights, the initiative aims to inform and inspire industry-wide action, influencing policymakers and investors to support the transition toward sustainability.

As The Fashion ReModel progresses, it will serve as a pivotal platform for collaboration and transformation in the fashion sector. Industry professionals and stakeholders are encouraged to explore this initiative and contribute to shaping the future of sustainable fashion.

Explore The Fashion ReModel:

https://www.ellenmacarthurfoundation.org/the-fashion-remodel/overview


More News from Ellen MacArthur Foundation

#Recycling / Circular Economy

The Foundation signs a joint letter on the EU Circular Economy Act

Today, the European Commission has launched a crucial Public Consultation for its upcoming Circular Economy Act (CEA). The Foundation has joined a coalition of seven leading European civil society organisations to issue a joint statement calling for an ambitious and transformative piece of legislation.

#Europe

Building Prosperity: Unlocking the potential of a nature-positive, circular economy for Europe Business and nature to reap rewards from circular urban spaces

The report, ‘Building Prosperity: Unlocking the potential of a nature-positive, circular economy for Europe’, calls for the adoption of six circular strategies to transform Europe’s built environment. This will boost economic activity, increase climate resilience, and make cities more vibrant places to live and work.

More News on Recycling / Circular Economy

#Recycling / Circular Economy

trinamiX with new management

BASF is examining strategic options for its subsidiary trinamiX GmbH. trinamiX specializes in biometric imaging and mobile material analysis. These activities are not part of BASF’s core business, on which the company is focusing as part of the implementation of its new strategy.

#Recycling / Circular Economy

Reju announces site selection for first U.S. industrial sized facility regeneration hub in Rochester, New York

Reju, the textile-to-textile regeneration company, today announced it has selected the site for its first U.S.-based industrial facility marking a significant milestone in its efforts to scale globally. This future Regeneration Hub will be in Rochester, New York, reinforcing Reju’s commitment to the adoption of circular textile system across key regions worldwide.

#Business

Canopy introduces a first-of-its-kind $2 billion USD investment blueprint to decarbonize global materials supply chains

Today, the global, solutions-driven not-for-profit Canopy joined partners at Davos to introduce a new finance model designed to accelerate the growth of low-carbon materials and transform the paper, packaging, and textile supply chains. The event was anchored by a keynote speech from Sri A Revanth Reddy, Hon’ble Chief Minister of Telangana, with India set to host the first iteration of the new investment blueprint.

#Recycled_Fibers

Borealis invests EUR 49 million in Burghausen, Germany to accelerate design for circularity

Borealis announces a EUR 49 million strategic investment to scale up production of Borstar® Nextension polypropylene (PP) at its manufacturing site in Burghausen, Germany. This will expand commercial production of next-generation single-site polypropylene (ssPP) grades that deliver enhanced purity, processability, and performance - supporting customers in key sectors including packaging, healthcare, mobility, and fibers, to meet evolving market and regulatory demands.

Latest News

#Spinning

atmos.io paves the way to the digital factory

UNITEX is expanding its capacity by a further 36,000 tons per year with a new filament yarn production plant. Once again, the Vietnamese company is relying on solutions from Barmag.

#Exhibitions & Events

VIATT 2026 announces inaugural lifestyle Trend Forum: Unified vision for S/S 2027 across fashion, home, and tech

The Vietnam International Trade Fair for Apparel, Textiles and Textile Technologies (VIATT) is set to host its first Trend Forum, offering a forward-looking, industry-wide perspective for Spring / Summer 2027. With the show scheduled from 26 – 28 February 2026 at the Saigon Exhibition and Convention Center (SECC), VIATT’s trend curators – NellyRodi™ Agency and MUSEATIVE – will provide comprehensive insights across the interconnected realms of Apparel Fabrics & Fashion, Home & Contract Textiles, and Technical Textiles & Technologies.

#Dyeing, Drying, Finishing

Precision jet dyeing moves towards industrial scale as Alchemie partners with Acatel

BTMA member Alchemie Technology, the pioneer of precision jet dyeing solutions based in Cambridge, UK, is partnering with Acatel, the Portuguese leader in sustainable textile manufacturing. The two companies will work together to validate and optimise Alchemie’s Endeavour system for knitted cellulosic fabrics.

#Dyeing, Drying, Finishing

Monforts customers make strong showing at Heimtextil 2026

Monforts dyeing and finishing technology customers from Pakistan had a formidable presence at the Heimtextil 2026 home and contract textiles exhibition which attracted over 48,000 visitors to Frankfurt in Germany this month (January 13-16).

TOP