TELFORD – Circular services provider Reconomy has acquired ReBound Returns, a company that works with brands to offset the environmental impact of product returns, as it looks to “supercharge” the industry’s sustainability efforts.
Reconomy says the acquisition aligns well with its future goal of becoming a “leading global enabler of the circular economy”, with ReBound deemed another service that can benefit partnering brands, which has included Gymshark and ASOS to date.
Paul Cox, Reconomy chief executive, said: “Adding ReBound to the Reconomy Group is a very exciting development and we extend a warm welcome to the whole team. Their innovative approach, underpinned by great technology and a focus on providing an excellent user experience, makes for a perfect fit with Reconomy.”
