Sumary of Inditex will invest 100 million euros over three years in the recycled textile fiber Infinna:
- The project, with which Inditex seeks to reduce the use of virgin resources and take steps towards circularity, is part of the Spanish group’s Sustinability Innovation Hub, through which it collaborates with startups, institutions and academic centers to promote materials, technologies and processes that reduce the environmental footprint of their activity.
- Inditex is one of the largest fashion distributors in the world and this agreement is a significant step towards making our ambition of turning Infinna into a major textile raw material in the future a reality, said Petri Alava, CEO and co-founder of Infinited Fiber Company.
- The agreement between the Galician company and the Infinited Fiber Company group has already materialized in a Zara capsule, launched on May 12 in its online store.
- In addition, it can be recycled again together with other textile waste.
- Inditex advances in its sustainability strategy with a new agreement, valued at more than 100 million euros, by which it undertakes to acquire for three years 30% of the production volume of the Infinna textile fiber, made by Infinited Fiber Company from from textile waste.
- We firmly believe that innovation is key to the competitive and circular future of the fashion industry; and, for this reason, we actively work on the search for new solutions to obtain new fibers from pre- and post-consumer textile waste, in the words of Javier Losada, director of sustainability at Inditex.