Latest news with #KrishnaManda
Yahoo
4 days ago
- Business
- Yahoo
Lenzing's Krishna Manda Addressed Circularity on the Global Fashion Summit Stage
Combatting the fashion industry's environmental footprint is going to take an international initiative. Uniting 1,000 key players in the industry including pioneers, policymakers and innovators, the Global Fashion Summit earlier this month sought to tackle the 'Barriers and Bridges' in sustainability, addressing the hurdles and turning them into levers for change. Presented by the nonprofit Global Fashion Agenda, the three-day event on June 3-5 in Copenhagen featured a program of over 100 speakers to address five key themes: innovation, capital, courage, incentives and regulation. More from Sourcing Journal How the Garment Supply Chain's Gender Pay Gap Undermines Social Compliance Can Fashion's 'Bridges' Overcome Its 'Barriers'? Innovation Was on Display as Lenzing Showcased TENCEL™ and LENZING™ ECOVERO™ at Fashion InStyle On the second day of the summit, Lenzing's vice president of corporate sustainability Krishna Manda spoke on the panel 'Tracking Progress: Operationalizing Circularity' alongside executives from Tommy Hilfiger, H&M Foundation and the World Business Council for Sustainable Development (WBCSD). Part of the agenda's Capital vertical, the discussion explored how circularity initiatives impact climate and nature goals, strategies for preparing supply chains for stronger circular shifts, and the role of traceability as a cornerstone of trust. Panelists also unpacked tech enablers for transparency and strengthening reporting capabilities to equip investors and regulators with the data needed to overcome longstanding barriers to circularity. Read more on Carved in Blue. This article is one of a series on SJ Denim from Lenzing's Carved in Blue denim blog. From conversations with the experts behind the mills that make some of the world's most-wanted denim to the global brands bringing novel denim made with TENCEL™ Lyocell and Modal to the market, Carved in Blue shares the stories of those whose roots run deep with denim. Visit
Yahoo
4 days ago
- Business
- Yahoo
Circulose and Mango Team Up to Scale Circular Cellulose
Swedish sustain-tech company Circulose has landed a pretty big partner in its quest to scale after rising from the ashes of its Renewcell past. The textile recycler has joined forces with Barcelona-based global fashion chain Mango to help them shift a meaningful share of their man-made cellulosic fiber use to those made with Circulose's proprietary material. Circulose is a regenerated material made from 100-percent recycled textile waste. Since returning to the market last year, Circulose has been focused on commercializing its circular product. More from Sourcing Journal Lenzing's Krishna Manda Addressed Circularity on the Global Fashion Summit Stage Re&Up Products Achieve C2C Certified Circularity ESG Outlook: Rachel Lee of Hydefy on Alt Materials from Yellowstone National Park Fungi 'We're proud to partner with the forward-thinking brand Mango and support their high ambitions in circularity,' said Jonatan Janmark, CEO of Circulose. 'Their strong commitment brings us one step closer to restarting the factory and sets a powerful example for the industry. We hope it will inspire other brands to follow their lead.' Circulose's commercial strategy focuses on forging close brand partnerships, introducing a new pricing model and offering expanded support services. The company developed its pricing model in collaboration with Fashion for Good and Canopy as part of a joint initiative to accelerate the shift to next-gen materials, requiring brands to license Circulose to use the fiber. The strategy was designed to reduce price friction and spur adoption at scale, transitioning from limited capsule collections to larger-scale usage. That license includes support services for large-scale implementation, such as transition planning, supply chain orchestration and traceability. Circulose recently forged a partnership with former Renewcell collaborator Tangshan Sanyou, a Chinese man-made cellulosic fiber manufacturer that was the first commercial producer of Circulose-based fibers under Renewcell's purview. Tangsan Sanyou was the first major partnership since Circulose's restructuring after it was acquired by Swedish private equity firm Altor in 2024. Mango's buy-in with Circulose comes at a time when the company is riding high after a 19 percent increase in EBITDA earnings and a 27 percent bump in net profit in 2024. The company recently reported that it had made significant progress toward achieving its goal of using 100 percent lower environmental impact fibers by 2030, reaching 72 percent. The Circulose partnership will help Mango make more headway in attaining that goal. 'We're proud to be the first brand to partner in Circulose's new phase and look forward to working closely together to advance our shared circularity goal,' said Andrés Fernández, sustainability and sourcing director at Mango. 'This collaboration marks a significant step on our sustainability roadmap as we strive to exclusively use fibres with lower environmental impact by 2030 and reflects our commitment to fostering a more circular and responsible fashion ecosystem, where innovation and environmental stewardship go hand in hand.'
