Lululemon Invests $30M in French Nylon Recycling Startup Syntetica
Activewear brand Lululemon has joined the $30 million Series A funding round of Syntetica, a startup focused on recycling difficult-to-separate nylon types. The investment aligns with growing industry efforts to improve sustainability and circularity in fashion amid rising material costs due to geopolitical factors.
Tickers: $LULU
Topics: fashion_industry nylon_recycling recycling_technology sustainability