Why Chanel Is Getting Into the Recycling Business
High-end fashion house Chanel is branching into an unconventional new line of business: waste management and recycling. On Monday, the company announced the launch of Nevold (the name is a…
Fashion’s Big Bet on Textile Recycling, Explained
Every year, the global fashion industry churns out billions of jeans, T-shirts, dresses and sneakers. And every year, as consumers replace old trends with new, more clothes wind up in…
Xycle secures funding for chemical recycling plant in Rotterdam
Xycle, a pioneering startup committed to advancing a circular economy for plastic through chemical (also known as advanced) recycling technology, announces it has successfully secured financing to fund the construction…