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This is the best summary I could come up with:

BARCELONA/LONDON, Sept 1 (Reuters) - In a warehouse on the outskirts of Barcelona, women stand at conveyor belts, manually sorting T-shirts, jeans and dresses from large bales of used clothing - a small step towards tackling Europe’s towering problem of discarded fashion.

Partly funded by Zara-owner Inditex (ITX.MC), Moda Re will expand sites in Barcelona, Bilbao, and Valencia, in some of the first signs of a planned ramp-up in garment sorting, processing, and recycling capacity in response to a barrage of new European Union proposals to curb the fashion industry.

Inditex, which in March said it placed 10 percent more items of clothing on the market globally last year than in 2021, aims to use 40% recycled fibres in garments by 2030 as part of sustainability goals announced in July.

“The main problem that we are facing is overconsumption,” said Dijana Lind, ESG analyst at Union Investment, Frankfurt-based asset manager that holds shares in Adidas (ADSGn.DE), Hugo Boss (BOSSn.DE), Inditex, and H&M (HMb.ST).

Hundreds of similar plants, along with investment in technology and market interventions will be needed to meet industry goals to recycle 2.5 million tonnes of textile waste by 2030, McKinsey said in the report.

Proposed European Commission rules seek to clamp down on unscrupulous operators that export damaged items destined for dumps, and would require countries to demonstrate their ability to manage the material sustainably.

The original article contains 1,342 words, the summary contains 228 words. Saved 83%. I’m a bot and I’m open source!

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