ACS Clothing has secured a £10 million investment from Circularity Capital to enhance its position as Europe's leading provider of circular fashion logistics, emphasizing sustainability in the industry.

Target Information

ACS Clothing ("ACS"), founded in 1997, stands as Europe's largest circular fashion hub, specializing in providing comprehensive fulfillment services to fashion retailers, brands, and e-commerce platforms focused on the rental and renewal markets. The company's strategy is to establish itself as the premier third-party logistics and reverse logistics (3PL+RL) service provider within the European fashion industry.

ACS operates within the context of the increasingly relevant "circular economy," confronting the urgent issue of environmental sustainability in fashion consumption. According to the Ellen MacArthur Foundation, a staggering one truckload of clothing is either disposed of in landfills or incinerated every second, underlining the critical need for change. ACS aims to counteract this trend, embedding sustainability at the core of its operations and achieving noteworthy ESG (Environmental, Social, and Governance) credentials, including a B-Corp score of 150.9, a net-zero target by 2023, and a commitment to being a real living wage employer.

Industry Overview

The circular fashion industry is particularly salient in Europe, which is witnessing a transformative shift toward sustainable fashion practices. As evolving consumer behavior leans towards environmentally responsible options, brands are strateg