Inditex signs 3-year partnership to buy Infinited Fiber's Infinna

 


Spanish retail giant, Inditex, and Finland’s Infinited Fiber, recently announced a new partnership with the shared goal of advancing new and innovative technologies towards textile-to-textile circular loop. At the core of this partnership is Inditex´s three-year commitment to buy 30 per cent of Infinited Fiber's annual future production volume of Infinna, a textile fibre that can be created from 100 per cent textile waste –a deal valued at more than € 100 million.

This purchase commitment is significant for Infinited Fiber’s plans to scale up its recycling technology through its first large-capacity factory, which is expected to begin operations in 2024, when Inditex is due to start to buying Infinna. As part of this agreement, Zara recently launched his first-of-its-kind capsule, with most of its materials produced from clothing sourced in collaboration with the Spanish NGO Cáritas, Zara’s clothing collection programme partner.

“We truly believe innovation is key for the competitive circular future of the fashion industry, which is why we are actively working to find solutions, and searching for new partnerships, processes and materials to achieve textile-to-textile recycling. Collaborating with others in new innovative initiatives -such as Next Generation fibres like Infinna - is vital to carrying out the transformation our industry needs”, said Javier Losada, Inditex chief sustainability officer.

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