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Inditex signs €100m deal with Infinited Fiber Company

YarnsandFibers News Bureau 2022-05-17 14:37:44 – Spain

Inditex, the parent company of Zara, has announced a new partnership with circular textile startup Infinited Fiber Company in a supply arrangement worth more than 100 million euros.

Inditex will purchase 30% of the organization's annual projected production volume of Infinna, a fiber composed entirely of textile waste, over a three-year period.

The transaction is consistent with Infinited Fiber's growth strategy since it is presently building its first large-capacity facility, which it plans to launch in 2024 when Inditex begins purchasing Infinna.

Javier Losada, Inditex’s chief sustainability officer, said that they truly believe innovation is critical for the fashion industry's competitive circular future, which is why they are actively working to find solutions and searching for new partnerships, processes, and materials to achieve textile-to-textile recycling.

Losada added that collaborating with others in new creative efforts – such as Next Generation fibers like Infinna – is critical to carrying out the transformation the industry requires.

The trademarked fiber mimics the feel of cotton and can be recycled several times using the same technology developed by the organization. It enables businesses to reduce their usage of virgin resources and transition to a circular production technique.

Zara has launched a capsule collection of apparel sourced in conjunction with Spanish NFO Cáritas, the retailer's clothing collection program partner, to commemorate the agreement. The collection, which is accessible on Zara's e-commerce site, was created using Infinited Fiber's textile waste regeneration technology.

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