Fashion brand H&M and waste manager Remondis launch venture to build collecting-and-sorting infrastructure for clothing needed for recycling

H&M Move Into Textile-Sorting Could Be Huge Boost For Circular Economy

H&M Group und REMONDIS gründen Joint Venture zum Sammeln, Sortieren und Verkaufen von gebrauchten und nicht mehr benötigten Kleidungsstücken und Textilien

Looper Textile Co. is a standalone joint venture owned 50% by H&M Group and 50% by Remondis. Looper intends to collect, sort and sell used and unwanted garments and textiles and thereby extend the highest use of these valuable resources.