Inditex signs €100M supply deal for Infinited Fiber's recycled fiber

Inditex has committed to buy 30% of Infinited Fiber Company's future production of Infinna recycled fiber over three years, worth over €100 million. The deal supports Infinited Fiber's first large-scale factory, expected to open in 2024.

“Creemos firmemente que la innovación es clave para el futuro competitivo y circular de la industria de la moda.”fashionunited.es

• 1 source
• fashionunited.esInditex crece en circularidad: pacta compras por más de 100 millones de euros en fibras recicladas InfinnaJaime MartinezMay 13, 2022

Summarized from public sources; check the original articles before acting on it.