The closing loop
Polyester Digester, Finalist of H&M Global Change Award, Sweden

The closing loop

Sweden – H&M has announced the five finalists of its Global Change Award after launching an open competition to discover the future of closed-loop retail.

Article/18935 #1
Polyester Digester, Finalist of H&M Global Change Award, Sweden

Sweden – H&M has announced the five finalists of its Global Change Award after launching an open competition in 2015 to discover the future of closed-loop retail.

  • A jury has selected five finalists from more than 2,700 innovators representing 112 countries, all vying for a share of €1m worth of investment
  • The public are now being invited to vote for their favourite project online, and the winner will be announced on 10 February

After whittling 2,700 entrants down to five finalists, the public is being asked to choose the overall winner and the recipient of £227,350 ($331,495, €300,000) of investment, sponsored by H&M. The remainder of the £757,567 ($1.1m, €1m) prize money will be divided among the other four. Finalists include the polyster digester, which uses genetically engineered microbes to convert polyester into a new material, and 100 percent citrus, which uses natural by-products of citrus juice production to create a new textile.

The other finalists are growing textile fibre under water from algae, dissolving textile waste to create a new material, and an online market for textile leftovers for industrial-scale upcycling.

Whichever idea wins the big prize money, all five finalists will be invited to spend a year working with a tailor-made accelerator to see which has a chance of influencing the future of fast fashion.

The Big Picture

Building sustainability into your business is now a necessity to avoid ending up in landfill. From Biosynthetics 2.0 to Natural Capitalism, our Whole-system Thinking macrotrend charts the weird and wonderful approaches to dealing with resource scarcity.

Discover More News
Iris van Herpen unveils Sympoiesis at Paris Haute Couture Week

News

Iris van Herpen unveils Sympoiesis at Paris Haute Couture Week

At Paris Haute Couture Week, Iris van Herpen unveiled Sympoiesis, a collection steeped in material innovation.
Couture : Fashion : Bioluminescent Algae
Foresight Friday: Dan Hastings, deputy foresight editor

News

Foresight Friday: Dan Hastings, deputy foresight editor

Every Friday, we offer an end-of-week wrap-up of the topics, issues, ideas and virals we’re all talking about.
Fashion : Luxury : Pop Culture & Media
Stat: Global spending on leisure travel will triple by 2040

News

Stat: Global spending on leisure travel will triple by 2040

A new report by Boston Consulting Group reveals that the global leisure travel market is set to triple in value, growing from £3.51 trillion ($4.25...
Travel : Hospitality : Tourism
Tripadvisor rebranding elevates travellers’ voices

News

Tripadvisor rebranding elevates travellers’ voices

Tripadvisor has unveiled a major rebranding led by creative studio Koto, marking its evolution from a pioneering travel guide into a global booking...
Travel : Hospitality : Design
Atlanta’s first women’s sports bar Jolene Jolene redefines the game

News

Atlanta’s first women’s sports bar Jolene Jolene redefines the game

Jolene Jolene, Atlanta’s first-ever women’s sports bar, is proof that interest in women’s sports is reshaping the traditionally male-dominated spor...
Hospitality : Sports : Leisure
Stat: Gen Z aren’t quitting alcohol after all

News

Stat: Gen Z aren’t quitting alcohol after all

New research challenges the narrative that Gen Z are the sober generation.
Statistic : Generation Z : Alcohol
Pattern Beauty brings authenticity and curl culture to tv with first-ever commercial

News

Pattern Beauty brings authenticity and curl culture to tv with first-ever commercial

Tracee Ellis Ross has launched Pattern Beauty’s first ever tv commercial, a 60-second spot that blends humour, nostalgia and a celebration of textu...
Haircare : Pattern Beauty : Beauty
The Messenger bot quietly transforming women’s safety in Jordan

News

The Messenger bot quietly transforming women’s safety in Jordan

A discreet digital tool is offering life-saving support to vulnerable women in Jordan.
Artifical Intelligence : Technology : Women's Safety
Stat: Study finds TikTok is reshaping luxury discovery

News

Stat: Study finds TikTok is reshaping luxury discovery

A new study in the US, the UK, France and Italy, commissioned by TikTok, reveals a structural shift in how consumers discover luxury, inc...
Statistic : TikTok : Luxury
BMW rebrands motorcycling as digital detox

News

BMW rebrands motorcycling as digital detox

BMW Motorrad and its UAE dealership AGMC have launched Throttle Therapy, a series of 10-second videos positioning motorcycling as a form of digital...
Health & Wellness : Advertising : Digital Detox
You have 2 free News articles remaining. Sign up to LS:N Global to get unlimited access to all articles.
BECOME A MEMBER
SIGN IN