Fashion sustainability walks financial tightrope

Once a beacon of hope for sustainable innovation, the textiles industry faces a harsh reckoning. Despite years of investment, scaling new technologies has proven elusive.

High-profile failures like Renewcell are symptomatic of wider issues facing the industry, from fragmented supply chains to insufficient returns. But as optimism and investor patience wane, we ask why impact investing in textiles has faltered and whether the industry can still deliver on its promises.