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With growing consensus on the economic benefits of implementing circular system within the fashion industry in order to maximise the use of our scarce global resources, significant innovation and progress is being made on a range of issues up and down the value chain right across the world. Just this month, the four-year innovative Closed-Loop Apparel Recycling Eco-System Program led by HKRITA announced that it has found groundbreaking solutions to recycle blended textiles into new fabrics and yarns – without any quality loss – through a hydrothermal (chemical) process. This brand new technology will be scaled up and made available to the global fashion industry and represents a major breakthrough in the journey towards a closed loop for textiles – just consider the potential financial value of shifting the entire fashion system!