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The roller coaster of scaling a next-gen materials startup

Circulose has risen from the ashes of Swedish textile recycling company Renewcell. New chair Helena Helmersson shared the updated strategy at Fashion Futures London.
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Photo: Heather Shuker

Circulose’s story underlines the magnitude of the challenges facing those trying to reduce fashion’s impact on the environment at scale.

Formerly known as Renewcell, it was the next-gen materials startup that seemed to hold the most promise — thanks in large part to its high-profile brand partners including H&M, Inditex, Levi’s and Ganni. But Renewcell filed for bankruptcy in February, sending shock waves through the sustainable fashion community.