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In this episode, Ali and Graeme interview guests Alessandro Figueroa, head of SMB business for commercial solutions at Visa Europe and Linda Weston, managing director, head of commercial issuing at Barclaycard Payments about the vast economic opportunities for circular “recommerce” business models.
They discuss both Visa's and Barclaycard’s research measuring the significant and ever growing contribution of recommerce businesses – such as resale, reuse, repair and rental businesses – to the economy; and how businesses are already measuring the fiscal benefits of switching to recommerce revenue streams to meet consumer demand.
They also outline the role that payment providers and card issuers can play in supporting circular recommerce businesses to thrive in a changing world, with shifting consumer demands and wider motivations around sustainability, and their role in making people’s experience of recommerce shopping smooth and frictionless.
Resources mentioned throughout the episode:
Visa - Recommerce hub
Barclaycard Payments research – Recommerce Revolution
Repair Week – 130+ events taking place across London from 11-17 March
Fat Llama – Rent (almost) anything
Library of Things – Borrow useful Things for your home
Bundlee – Rent baby and toddler clothes
The Seam – Care and repair services for clothing and accessories
Splendid Stitches – Clothes repair service
EON – Track your clothing or product’s lifecycle with a digital passport
Again - Making reusable packaging as affordable, accessible and scalable as single use
Back Market - Global marketplace for refurbished devices
Vinted - Online marketplace for buying, selling and exchanging new or second-hand items, mainly clothing and accessories
Loma – Second-hand and rental site aggregator
Twice – Sell, rent and resell circular commerce marketplace
Decathlon – Free Bike Health Check Repair Week workshop at various London stores
SOJO – Door-to-door clothing alterations and repairs
REWORK – White goods refurbishment project in Wandsworth
Correction: Alessandro Figueroa is head of SMB business for commercial solutions at Visa Europe, not head of strategy and B2B partnerships as stated in the intro.
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In this episode, Ali and Rachel interview guest Nish Parkekh, co-founder of KAPDAA – The Offcut Company. KAPDAA creates unique, sustainable products from the beautiful offcuts and excess materials generated by fashion and interior designers, textile weavers and mills.
Ali and Nish discuss how KAPDAA navigates the technical challenges of fibre-to-fibre processing, why the brand is diversifying into other parts of the supply chain to collect post-consumer waste, and why it's crucial that we develop the infrastructure and technology required to deal with our end-of-life textile processing here in the UK.
Resources mentioned throughout the episode:
Case study: KAPDAA – The Offcut Company: Giving new life to textile waste
Report: Citizen Insights: Clothing Longevity and Circular Business Models Receptivity in the UK
NUW: Swap platform for pre-loved clothing
GOOD: Circular, pre-loved fashion clothing
Love Not Landfill: ReLondon campaign to encourage fast fashion fans to buy second-hand, swap, recycle and give to charity
Love Not Landfill: Pre-loved charity fashion pop-up shop, with collections from Cancer Research, FARA, Shelter and HURR Collective, from 29th June - 2nd July 2023, Angel Central, 21 Parkfield Street, London N1 0PS
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In this episode Ali and Andrea speak to Roy Fishwick, managing director of Cleveland Steel & Tubes Ltd. Having worked in construction for over 30 years, Roy has been at the forefront of championing for a sustainable and transformational shift in the industry, from innovation and problem solving, to legislative change. Ali and Roy discuss the challenges of sourcing reuse material and the barriers to normalising its reuse in the built environment, and how the UK is leading the way in creating circular economy practice across the construction sector, narrowing the gap between assumption and acceptance of reclaimed materials.
For more information on circular construction, check out CIRCuIT, a collaborative project between ReLondon, and partners in Copenhagen, Hamburg and Vaanta looking at how cities can drive a more systemic shift to more circular construction approaches.
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