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Fabscrap Redistributed 66% of Textile Waste Last Year

The Rivet 50 is calling for nominations for leaders in the denim industry in 5 categories: design, influencer, leadership, sustainability and supply chain. Nominations close on May 23.

Fabscrap, which has diverted 655,710 pounds of fabric from landfills since its launch in 2016, was not profitable for the first time in 2020 due to the pandemic’s economic impact and disruption of business, the company said in its annual report. Income in 2020 was $677,960, while expenses totaled $742,599. Fabscap said its fee-for-service model…

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