#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.

RE&UP contributes to Global Fashion Summit 2026 circularity discussion

RE&UP contributed to the global conversation on textile circularity at Global Fashion Summit 2026 in Copenhagen, where Fatih Konukoğlu, Chairman of RE&UP and Vice Chairman of Sanko Holding, took part in both the keynote session “The New Rules” and the panel discussion “A Reckoning and Renewal for Circular Horizons”, alongside leaders from H&M Group, Looper Textile Co. and Sourcing Journal.

Europe’s textile future at a turning point: New 2030 Circularity Blueprint aims to scale recycling and unlock investment opportunities

The EU textile system is at a critical crossroads. Today, less than 1% of discarded garments are recycled into new garments, despite EU-wide obligations for separate collection. In response, Global Fashion Agenda (GFA) is launching the 2030 Circularity Blueprint, in partnership with ReHubs. This ambitious initiative is designed to support the transformation of the EU textile ecosystem to advance textile-to-textile recycling and drive the transition to a circular economy.

Circulose and CTA announce collaboration to enable lyocell fibers using CIRCULOSE® pulp

Circulose has announced an agreement with China Textile Academy Green Fibre (CTA) to offer lyocell fibers produced using CIRCULOSE® pulp. Producing lyocell from recycled pulp at commercial scale is an important step in making textile-to-textile recycled materials available across a wider range of textile applications.

FET’s revolutionary gel spinning system wins Techtextil Innovation Award

FET has received the prestigious Techtextil Innovation Award 2026 in the New Production Technology category. The Techtextil Innovation Award honours outstanding ideas in textile technology, sustainability, AI and the creation of technical textiles, selected by an international jury of experts. Ranging from new materials to new production technologies, this award recognises progressive ideas that are driving forces for numerous industries, such as automotive, medical and construction.

Savio Macchine Tessili will exhibit at ITM Istanbul 2026 presenting its flagship technologies

Savio Macchine Tessili will participate in ITM Istanbul 2026 in a corporate booth of Vandewiele Group, showcasing a selection of its most advanced winding and spinning solutions designed to support textile mills in achieving higher efficiency, flexibility and yarn quality. The company will bring to the show three flagship solutions: Proxima Smartconer®, Lybra Smartspinner® and the Phoenix Assembly Winder.

Rieter at ITM 2026: Spinning Redefined with Automation and Intelligence

Spinning mills need solutions that deliver stability, efficiency and future-proof performance. Rieter has put together a powerful portfolio for ITM 2026 in Istanbul, Türkiye. These innovations give customers the tools to enhance cost efficiency, improve responsiveness and actively develop their competitive edge. Step-by-step, Rieter is moving closer to its Vision 2027 – the fully automated spinning mill. With each new technology, Rieter enables spinning mills worldwide to operate with greater precision and reliability, ensuring they remain at the forefront of an increasingly demanding global market.

Experience Trützschler’s leading fiber processing technologies at ITM 2026

From June 9 to 13, the Trützschler Group will present its latest machinery, service expertise and digital solutions at ITM 2026 in Istanbul, Türkiye. Visitors are invited to explore innovations across Spinning, Card Clothing, and Nonwovens at Hall 7, Booth 714A at the Tüyap Fair Convention and Congress Center. They can experience modern fiber processing with Trützschler!