Inditex, the parent company of Zara, has announced a new partnership with circular textile startup Infinited Fiber Company in a supply arrangement worth more than 100 million euros.
Inditex will purchase 30% of the
organization's annual projected production volume of Infinna, a fiber composed
entirely of textile waste, over a three-year period.
The transaction is consistent with
Infinited Fiber's growth strategy since it is presently building its first
large-capacity facility, which it plans to launch in 2024 when Inditex begins
purchasing Infinna.
Javier Losada, Inditex’s chief
sustainability officer, said that they truly believe innovation is critical for
the fashion industry's competitive circular future, which is why they are
actively working to find solutions and searching for new partnerships,
processes, and materials to achieve textile-to-textile recycling.
Losada added that collaborating with
others in new creative efforts – such as Next Generation fibers like Infinna –
is critical to carrying out the transformation the industry requires.
The trademarked fiber mimics the
feel of cotton and can be recycled several times using the same technology
developed by the organization. It enables businesses to reduce their usage of
virgin resources and transition to a circular production technique.
Zara has launched a capsule
collection of apparel sourced in conjunction with Spanish NFO Cáritas, the
retailer's clothing collection program partner, to commemorate the agreement.
The collection, which is accessible on Zara's e-commerce site, was created
using Infinited Fiber's textile waste regeneration technology.
The property, complete with 30-seat screening from room, a 100-seat amphitheater and a swimming pond with sandy shower…
The property, complete with 30-seat screening from room, a 100-seat amphitheater and a swimming pond with sandy shower…
The property, complete with 30-seat screening from room, a 100-seat amphitheater and a swimming pond with sandy shower…
The property, complete with 30-seat screening from room, a 100-seat amphitheater and a swimming pond with sandy shower…
The property, complete with 30-seat screening from room, a 100-seat amphitheater and a swimming pond with sandy shower…
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We’ve invested every aspect of how we serve our users over the past Pellentesque rutrum ante in nulla suscipit, vel posuere leo tristique.
We’ve invested every aspect of how we serve our users over the past Pellentesque rutrum ante in nulla suscipit, vel posuere leo tristique.
We’ve invested every aspect of how we serve our users over the past Pellentesque rutrum ante in nulla suscipit, vel posuere leo tristique.