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February 22, 2022

C&A inks four-year deal with Recover for recycled cotton

C&A says the collaboration aims to drive place recycled cotton as the core ingredient of a more sustainable fashion industry, using material sciences company Recover as the main cotton source.

By Beth Wright

Recover will integrate its fibre into C&A´s supply chain structure, as well as provide tech support to help the spinners and weavers optimise the yarns and fabrics.

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Recover is a material sciences company and global producer of low-impact, high-quality recycled cotton fibre, and cotton fibre blends.

“More sustainable fashion must not be a niche product. Our collaboration with Recover is a milestone on our way towards a more sustainable future characterised by quality fashion available at affordable prices,” says Aleix Busquets Gonzalez, director global sustainability at C&A.

Together the partners aim to develop a scalable circularity ecosystem in Europe, with a better future based on post-consumer materials.

Alejandro Raña, chief business development officer at Recover, adds: “In alignment with our act-as-one philosophy, we are delighted to bring Recover’s expertise and tech support to our partnership with C&A through the integration of our fibre within their supply chain. By combining a long-term commitment with high production volumes, we are ensuring a real lasting impact on the industry.”

The first collection made with Recover fibre is due to hit stores in April, with C&A´s Clockhouse range.

C&A recently opened a new R&D facility in Monchengladbach, Germany, incorporating the latest technology and producing the next-generation sustainable fashion.

The retailer said last year its Factory for Innovation in Textiles (FIT) will initially focus on the production of jeans and would see the integration of highly automated processes in the sewing room and laundry.

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Free Report
img

2022: So far In Venture Capital

Global investment in 2022 has been majorly dominated by North America, Europe, and Asia Pacific, whereas the Middle East, and South and Central America have recorded low investments comparatively. In light of this, Europe and North America have been identified as the major destinations for Private Equity and Venture Capital (PE/VC) investments.   GlobalData’s whitepaper analyzes which sectors PE/VC firms have been investing in, looking at Technology, Media, and Telecom, with these sectors recording $356 billion and a deal volume of over 10,000 deals in 2022. Healthcare, Financial Services, Business & Consumer Services, and Construction sectors have also seen high investment activity by PE/VC firms, recording a deal value of over $70 billion each.   But what can this mean for you?   Understand how the Deals Database on GlobalData Explorer can be leveraged to:  
  • Track the Aggregate Investment Volumes in PE/VC-Stage firms across geographies and sectors, in addition to viewing the specific deals that drove these volumes
  • Identify the top investors already active in any sector-Geography combinations
  • Assess the Performance of Financial and Legal Advisors, supporting the Dealmaking in any segment of choice (Customizable League tables)
  • Understand what is driving the PE/VC fundraising (Deal Rationale)
  Consult our full report here and optimize your business strategy.
by GlobalData
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