Zara Owner Inditex Invests in Polyester Recycling Start-up in the U.S.

According to a document seen by Reuters, the largest apparel retailer in the world, Inditex, the parent company of Zara

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Inditex is investing 70 million euros in Ambercycle, a company that produces recycled polyester from textile waste

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Inditex disclosed that it had struck an agreement with Ambercycle, but it gave no further information.

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businessoutreach.in

According to a document seen by Reuters, the largest apparel retailer in the world, Inditex, the parent company of Zara, has decided to invest in and purchase recycled polyester from American start-up Ambercycle.