The US-based Fashion Institute of Technology and UK rental and resale specialist ACS Clothing are among ten new members of the Ellen MacArthur Foundation Network, which is working to accelerate the transition to a circular economy.
The Fashion Institute of Technology, part of the State University of New York, brings together the disciplines of design, fashion, business, science, and technology. Its programmes foster global innovation and collaboration, and it hopes to work with Network education and industry leaders to develop circular economy research and scholarship.
ACS Clothing, meanwhile, provides a turnkey solution that enables fashion brands to enter rental and resale markets, as well as repair and refurbish items – thereby keeping textiles in use. The company aims to become fully circular by 2030 and is keen to work with Network organisations, particularly fashion brands, other emerging innovators, and policymakers, to accelerate its transition.
“These new members share an ambition to transform the way they do business,” the Foundation says. “We look forward to supporting them, and facilitating collaboration opportunities with other Network organisations, as they strive to become more circular.”
The other new members span a number of industries including automotive, paper, beauty and toys.