NasdaqGS:LULULuxury
Lululemon Backs Nylon Recycling As Shares Lag Analyst Valuations
Lululemon athletica (NasdaqGS:LULU) has joined a $12 million funding round for Epoch Biodesign, a company working on enzyme based recycling of nylon 6,6 textiles.
The investment aims to turn hard to recycle nylon and plastic waste into new materials that could be used in future lululemon products.
This move supports lululemon’s broader circularity and sustainability goals, with potential implications for its raw material sourcing and waste footprint.
Lululemon enters this partnership with...