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System-wide improvements could boost textile recycling rate: BCG

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System-wide improvements could boost textile recycling rate: BCG



With the world discarding 120 million metric tonnes of clothes a year and only a fraction of discarded textiles being remade into fibres suitable for use in new, apparel-grade fabric, system-wide improvements could boost that recycling rate to more than 30 per cent new fibres with a raw material value of more than $50 billion, according to a commentary by the Boston Consulting Group (BCG).

Reaching that level will require industry-wide changes, including expanding efforts to collect discarded textiles, adopting new technologies, increasing operational efficiency and boosting investments, it noted.

It will also require more companies to make and sell products created from recycled materials—and more people to buy them.

System-wide improvements could boost textile recycling rate with a raw material value of more than $50 billion, a Boston Consulting Group commentary said.
Reaching that level will require industry-wide changes, including expanding efforts to collect discarded textiles, adopting new tech, raising operational efficiency, boosting investments and making more companies sell recycled products, it noted.

In 2024, discarded clothing worldwide reached 120 million metric tonnes—a clear indication of how dramatically fashion consumption has changed. As a direct result of these trends, global fibre production has more than doubled since 2000, amplifying both consumption patterns and waste.

The increase in textile waste imposes significant economic and environmental burdens. In 2024, approximately 80 per cent of discarded clothing ended up in landfills or incinerators, while only 12 per cent was reused, and substantially less than 1 per cent was recycled into new textile fibres.

The environmental toll is particularly high, the commentary by Rohan Sajdeh, Catharina Martinez-Pardo, Alexander Meyer zum Felde, Tom Lange, Eleonora Tieri and Elian Evans observed.

Producing textiles accounts for 92 per cent of the fashion industry’s greenhouse gas emissions. Disposal exacerbates such emissions. Open dumping adds another layer of risk, releasing harmful micro-plastics into the environment.

The authors expect demand for recycled textiles to exceed supply by 30 to 40 million metric tonnes by 2030.

Despite the growing momentum for change, the existing textile value chain includes many barriers to recovering and reusing more waste. Three, in particular, pose challenges to meaningful change, the authors said.

First, several factors often make recycled materials less desirable economically and practically than virgin fibres. While enthusiasm for recycled fibers is rising, concerns about quality, availability and integration into established supply chains can make them less appealing.

Moreover, the cost disparity is significant: recycled polyester can be more than twice as expensive as virgin polyester, and recycled cotton usually commands a higher price as well.

Second, today’s textile waste management infrastructure falls short. Current textile recycling systems simply weren’t designed for the immense volumes the world generates. Most collection channels primarily support resale markets, both charitable and commercial, rather than recycling initiatives.

Consequently, sorting processes rely heavily on manual labour that is optimised for resale rather than recycling. These manual processes cannot efficiently categorize textiles by recyclability, fabric composition, and colour, or effectively remove disruptors like buttons and zippers. Consumer confusion further complicates this already strained system.

Third, complex fabrics require innovating beyond current recycling capabilities. Most modern fabrics are made from blends of different fibre types. However, most existing industrial recycling solutions, which are primarily mechanical, can handle only single-material textiles.

This mismatch between waste and technology has led to an urgent need for innovative solutions that can handle a broad range of modern textile waste and deliver products that are competitive in cost and quality, the authors wrote. Such techniques have yet to reach the scale necessary to tackle current waste volumes.

To build a profitable system for all stakeholders, the industry should focus on five key actions designed to work across all of the barriers mentioned above: promote demand for textiles with recycled fibres; collect more waste; modernise sorting; scale effective recycling solutions; and invest in innovation, they said.

Success will also depend on creating meaningful economic incentives for businesses and consumers, and harnessing synergies across the value chain, the authors added.

Fibre2Fashion News Desk (DS)



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Vietnam interbank rates seen easing as credit growth cools

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Vietnam interbank rates seen easing as credit growth cools



Vietnam’s sharp rise in interbank rates in the fourth quarter of 2025, extending into early 2026, is expected to ease in the coming months as credit growth and economic activity cool. Interbank rates have diverged from the steady 4.50 per cent refinancing rate set by the State Bank of Vietnam (SBV), reflecting tighter liquidity conditions.

Economic momentum remained strong at the end of 2025, with real GDP expanding 8.4 per cent year on year (YoY) in the fourth quarter, the fastest pace in several years. Growth was driven by robust export-oriented industrial production. Credit growth surged to 19.4 per cent YoY by December, well above deposit growth of 14 per cent, SBV said in a release.

Vietnam’s interbank rates, which rose sharply in late 2025, are expected to ease in 2026 as credit growth and economic momentum cool.
GDP expanded 8.4 per cent year on year in Q4, while credit growth of 19.4 per cent outpaced deposits.
Despite a strong 2025, US tariff risks remain.
The SBV is likely to keep rates steady while targeting slower credit growth.

While Vietnam enters 2026 on a positive footing after achieving an estimated 8 per cent growth in 2025, external risks remain significant for the export-driven economy. Goods exports to the US, which account for around 30 per cent of the total, face the lagged impact of 20 per cent reciprocal tariffs, uncertainty over transshipment duties, and the risk of additional sectoral measures, including possible semiconductor levies.

Monetary authorities have signalled a cautious policy stance for 2026 despite an official GDP growth target of 10 per cent, which analysts view as difficult to achieve. Growth is expected to moderate to around 6.5 per cent, while the SBV has set a lower credit growth target of 15 per cent to limit overheating and resource misallocation risks.

The refinancing rate is expected to remain unchanged at 4.50 per cent, though the possibility of an unexpected rate hike cannot be ruled out if liquidity strains persist.

Fibre2Fashion News Desk (HU)



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Canada Goose reshuffles leadership to drive global growth

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Canada Goose reshuffles leadership to drive global growth















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Interjeans portfolio continues to expand with heritage brand Belstaff

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Interjeans portfolio continues to expand with heritage brand Belstaff


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January 16, 2026

New addition at Interjeans: following last year’s arrival of German athletic-luxury brand Bogner, the San Marino-based company in Rovereta, founded in 1992 by Andrea Belletti, is expanding its brand portfolio and has outlined its growth plans to FashionNetwork.com.

“Last November we signed a distribution agreement for the Italian market with Belstaff: a storied brand with motorcycling roots, founded in England in 1924, which I am sure will be a must-have once again. For 2026 we expect encouraging results, driven in particular by this addition,” said Belletti.

Andrea Belletti and Julian Dunkerton at Pitti Uomo

“As for Interjeans, we are not considering any company-owned stores beyond the one in Riccione,” the manager continued. “We remain true to our roots, focusing on distribution, but we would like to develop a shop-in-shop format with key customers that would allow us greater control over the product assortment, layout and communication. We are currently present with Lyle & Scott and Superdry in Rinascente and Coin, via concessions, but we would like to extend this format to include Belstaff as well,” Belletti continued.

Interjeans, which closed 2025 with turnover of €39 million, distributes in Italy the brands G-Star Raw, Lyle & Scott, Dr Denim, Karl Lagerfeld (three lines), Bogner, O’Neill, the Greek womenswear brand BSB, and Superdry.

Julian Dunkerton, CEO of the British clothing brand he founded in 2003 in Cheltenham—a label that blends American preppy-vintage style with English elegance—presented the new Superdry collection. It stands out for its clean lines, perfect balance and refined functionality.

Speaking to FashionNetwork.com, the entrepreneur revealed he is very pleased with the results achieved after a major reorganisation.

Dunkerton described it as a “massive shake-up” that has returned the company to profit.

“We have worked hard on the collections and distribution, reviewed the structure, and delisted from the stock market. Today, I feel we are on the right path: there is consistency and a clear awareness of who we are. Our presence at Pitti is fundamental; it is the most important international event in the industry and for us it truly represents the place to be. Next year, I would like to double the size of our space and bring our womenswear offer to Florence as well, which now accounts for 50 per cent of the total. In addition, we plan to open 24 Superdry stores in 2026 with a completely revamped store format that emphasises our British heritage and offers a lighter, brighter, higher-quality aesthetic. We will operate through both franchise agreements and direct management, predominantly in the UK,” concluded the Superdry founder.

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