COPENHAGEN – Calculations made by the Global Fashion Agenda (GFA) suggest that Bangladesh could save as much as US$500 million a year if garment manufacturers redirected the money they spend on importing cotton to native recyclers.
Intrinsic to this is building robust recycling infrastructure within the country, which is the target of the Circular Fashion Partnership – an initiative the GFA launched late last year alongside Reverse Resources and the Bangladesh Garment Manufacturers and Exporters Association (BGMEA).
The claim comes as the project today welcomes its latest cohort of signatory brands, manufacturers, recyclers and organisations, including Primark, Gymshark, Benetton, Evrnu, Natural Fiber Welding and Fashion for Good.