Goldman Sachs backs Recover
Fibres/Yarns/Fabrics
Recover named Drapers Disruptor 2021
Partnership with Primark bringing recycled fibres to the mass market.
6th December 2021
Innovation in Textiles
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London
Having already claimed the Ryan Young Climate+ Award at the 2021 Textile Exchange Sustainability Conference held in Dublin, Ireland from November 15-19, Recover, a producer of low-impact recycled cotton fibre and cotton fibre blends based in Valencia, Spain, has now received the Disruptor Award at the 2021 Drapers Awards.
For its 30th edition, Drapers Awards 2021 celebrates the retailers, brands, suppliers and agencies that have innovated to survive and built stronger businesses under the toughest of circumstances in the fashion industry. The Disruptor Award recognises the new or disruptive business models that are rising to prominence in the UK and Irish fashion industry, with judges commenting that Recover was “very, very impressive” and offered a solution that many fashion retailers could use.
The company’s business model aims to make recycled fibre available to any brand in the fashion industry as seen with its successful partnership with Primark in 2021, and confronts the challenges of scalability and circularity in the fashion industry head on. To meet growing demand and help brands meet their sustainable goals, the company aims to scale its production to 200,000 metric tons of recycled cotton fibre per year by 2025.
“We are thrilled to receive the Disruptor Award at this year’s Drapers Awards, recognising Recover as a committed agent of change in the fashion industry,” said CEO Alfredo Ferre. “Through collaborating closely with brands and retailers, and scaling our fibre production, our aim is to bring sustainable fashion closer to the consumer and achieve circular fashion for all”.
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