Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

Fabscrap Redistributed 66% of Textile Waste Last Year

Fashion is at a crossroads: continue with cutting-edge strategies developed to persevere during Covid or slide back into familiar (yet unprofitable) habits? Get the experts' perspective at our in-person Sourcing Summit, Oct. 19 at New York’s Cipriani 42nd Street.

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…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands