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Online fast-fashion platform Shein announced today (9 July) that it will set up a €200m circularity fund in the EU and UK in a bid to create a future-proofed fashion industry. The Singapore-based company said it will help businesses throughout Europe and the UK which are developing next-generation technologies and solutions by investing in start-ups working with recycled materials innovation and entering commercial partnerships with start-ups that work in recycled materials. “As a global leader in our sector, Shein has both a responsibility and an opportunity to accelerate innovations that can…

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