25/08/2026
Europe stitches together plan to close the loop in the fashion industry
Textile waste is set to rise over 40% by 2035, yet less than 1% is recycled
Europe mandates extended producer responsibility for textiles by January 2028
California is the first U.S. state to make fashion brands pay for textile waste
Scaling recycling to 15% by 2035 needs capital investment of 8-11 billion euros says BCG
Recycled polyester costs 2.6 times more than virgin material.