NEW YORK - Closed loop textile recycling company I:CO won the first-ever Cradle to Cradle Systems Innovator Award for 'leadership in material re-utilisation' from the Cradle to Cradle Products Innovation Institute during an event in the US. I:CO was recognised as a "trailblaser in the circular economy" and was praised for developing "an important system for closing the loop between consumers and apparel and footwear manufacturers."