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ReCircled acquires sustainability company Circlarity

27
Jan '21

Pic: Circlarity

ReCircled, an industrial sustainability company serving the textile, apparel, and footwear sector, has acquired Circlarity, a digital sustainability intelligence technology company. ReCircled provides the infrastructure for the circular economy by facilitating apparel and footwear brands’ transition to a sustainable, fully circular business model.

Built around a partnership between the brand and the consumer, the business model of ReCircled enables a closed-loop reuse cycle for apparel and footwear. Merchandise is produced, used and returned to be reconditioned and remade or recycled, then re-introduced into the consumer market, extending product life cycles and reducing pollution and waste, according to a press release by ReCircled.

Circlarity technology allows brands to implement, manage and monitor retail consumer return programmes. By using Circlarity’s interface, consumers enjoy a convenient and engaging sustainability experience, where each consumer return is trackable, reportable, and personally meaningful. Brands have full visibility into all sustainability activity and behaviour of their customers, real time data about sustainability that supports brand value and reputation and a marketing narrative that reinforces environmental stewardship. Circlarity is currently the only technology of its type commercially available in the marketplace, according to ReCircled.

“We know and understand that consumer return technology that makes it easy and convenient for the retail consumer to return items to the brands, either directly or through retail partners, is the first step in achieving full brand circularity. Take Back programmes have to be adopted not only by brands and retailers, but also, and most importantly, by consumers. Consumers need to have the moral incentivization to make the effort to return merchandise when they are finished using it,” Scott Kuhlman, CEO of ReCircled said in a media statement.

“I am so pleased that Circlarity is now part of the ReCircled platform. My vision that Take Back would drive circularity is realised through this partnership. I look forward to working with the ReCircled team to launch this technology with leading brands and retailers around the world,” Ira Baseman, the founder of Circlarity said.

Fibre2Fashion News Desk (GK)

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