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228 Amsterdam-based Brightloops files for bankruptcy; eyes Loop.a life restart: Know more

Silicon Canals
Vignesh R. @ Silicon Canals 3 place · 05/27/2024 03:22 EDT

Amsterdam-based Brightloops files for bankruptcy; eyes Loop.a life restart: Know more

Ellen Mensink, CEO of Brightloops, a circular textile platform, announced that they have filed for bankruptcy after eight years of operations.  According to Mensink, the decision was prompted by a combination of factors, including the impact of the COVID-19 pandemic, technical setbacks with their new website, a lawsuit, and a declining fashion market over the […]

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