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Inditex to buy recycled polyester in a 70-million-euro deal

Inditex, which includes fashion chains Zara and Bershka, has signed a three-year agreement with Los Angeles-based material science company Ambercycle to buy its recycled polyester in a deal worth more than 70 million euros. The move will see the retail group buying a “significant portion” of the annual production of Cycora, the innovative...