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Zara Owner Inditex Invests in US Polyester Recycling Start-up

Zara owner Inditex , the world's biggest clothing retailer, has agreed to invest in and 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 euros in Ambercycle's which makes recycled polyester from textile waste. Polyester, a product of the petroleum industry, is widely used in sportswear as the fabric is quick-drying and durable. ....

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Inditex to Buy Recycled Polyester From US Start-Up

Inditex to Buy Recycled Polyester From US Start-Up
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Zara Athleticz , Finland Infinited Fiber Company , Los Angeles Based Ambercycle , Infinited Fiber Company ,