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Stock impact report

Textile Recycling Market To Reach USD 11.9 Billion By 2032, Says DataHorizzon Research [Yahoo! Finance]

Unifi, Inc. New (UFI) 
Last unifi, inc. new earnings: 4/30 05:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.unifi.com/investor-overview
Company Research Source: Yahoo! Finance
Fort Collins, Colorado, May 01, 2024 (GLOBE NEWSWIRE) -- Demand for fast fashion propels the textile recycling industry. The rising emphasis on sustainability is a pivotal driver propelling market expansion. The detrimental effects of fast fashion trends and disposable clothing on the environment are profound. As highlighted by the UN Environmental Programme, the prevalence of fast fashion has led to garments being worn fewer than three times before disposal, resulting in a staggering accumulation of textile waste that urgently necessitates recycling for environmental preservation. Furthermore, the adverse environmental impacts stemming from apparel production, including land and water pollution and CO2 emissions, are fueling the growing demand for sustainable alternatives. Earth.org reports that the United States generates approximately 37kg of textile waste per capita annually, underscoring the magnitude of the issue. A significant driver behind the growth of the textile re Show less Read more
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