#Recycling / Circular Economy

2025-02-20

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

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.

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.

The textile industry in transition

Recycling, traceability, eco-design and digitalisation are among the key future challenges facing the European textile industry. The Erasmus+ project Skills4Circularity, involving 21 partners from twelve countries, is investigating the skills required to address these challenges. As the German industry partner, the Industry Association for Finishing – Yarns – Fabrics – Technical Textiles (IVGT) is bringing the industry’s perspective to the project.

"We will become a recycling powerhouse"

The textile industry is now in its fourth consecutive year of crisis, while automation, artificial intelligence and recycling are reshaping the rules of the game. In this interview, Rieter CEO Thomas Oetterli discusses the first signs of a market recovery, reflects on his first three years at the helm of the company, explains the integration of Barmag, outlines Rieter’s vision of the fully automated spinning mill and highlights the strategic importance of recycling. In doing so, he explains why the new Rieter Group aims to play a leading role in transforming the textile value chain into a circular economy.

Countdown to Textiles Recycling Expo 2026: Brussels prepares for Europe’s textile recycling gathering

With only two weeks remaining until the start of the second edition of the Textiles Recycling Expo 2026, preparations are entering the final phase. The exhibition and conference, dedicated exclusively to textile recycling and circularity, will take place on 24–25 June 2026 at Brussels Expo and is expected to attract stakeholders from across the textile recycling value chain.

Indorama Ventures enables brands to scale circular textiles through proven, traceable supply chains

Indorama Ventures, a global leader in recycled polyester staple fibers and filament yarns, will exhibit at Textiles Recycling Expo in Brussels on June 24–25. At the event, the company will show how brands and textile manufacturers can build traceable, circular textile supply chains by working with proven partners who deliver recycled materials on an industrial scale.

New spinning package with two-step filtration for recycled yarns and more

At the ITM in Istanbul, BB Engineering unveiled its new, patented ValuePack spinning package for the first time, which features a two-stage filtration system. This is particularly beneficial for re-cycling processes. Until now, spinning packs have used either metal powder (“sand”) or filter candles as filter media. Both options are suitable for differ-ent applications, and each has its own specific advantages and dis-advantages.

ITMA 2027 gains strong momentum

In line with the theme "Co-creating the future of textiles", ITMA continues to strengthen its support for start-ups, recognising their role in driving innovation and shaping the future of textile and garment manufacturing. Through the Start-Up Valley, emerging companies gain access to a global marketplace where they can connect with industry leaders, potential partners, investors and customers.

Mongolia: Workshop on Italian textile technologies kicks off in Ulaanbaatar

The workshop dedicated to Italian textile technologies will kick off in Ulaanbaatar from 21 to 23 June 2026. Focused on the most advanced innovative solutions for the textile industry, the initiative will bring together 13 Italian textile machinery manufacturers, confirming the growing interest in strengthening industrial cooperation between the two countries and highlighting Mongolia’s strategic importance for Italian textile machinery producers.