A shopper carries a Burberry bag in central London, Britain, November 3, 2017. Picture taken November 3, 2017. REUTERS/Toby Melville/File Photo GLOBAL BUSINESS WEEK AHEAD
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Major global brands Nike, H&M, Burberry and Gap have signed up to an initiative that aims to improve the industry's record on sustainability after a study found less than one percent of clothing is recycled.Half a million tons of plastic microfibers are released from washed clothing annually, equivalent to more than 50 billion plastic bottles, exacerbating ocean pollution, the report said.H&M has set a target of only using recycled or other sustainably sourced materials by 2030, he said, and 35 percent of its garments are currently produced that way.
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