Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Walmart and unspun test 3D weaving for sustainable apparel

EditorEmilio Ghigini
Published 14/03/2024, 13:40
Updated 14/03/2024, 13:40
© Reuters.

BENTONVILLE, Ark. - Walmart Inc. (NYSE: NYSE:WMT), a major global retailer, has partnered with unspun, a fashion technology company, to launch a pilot project that explores a novel 3D weaving technology for producing garments. The initiative aims to address environmental concerns in the apparel industry by potentially reducing waste and bringing more textile manufacturing back to the United States.

The pilot focuses on the production of workwear style pants for a Walmart house brand using unspun's 3D weaving machines. Unlike traditional methods that weave yarn into flat fabrics before cutting and assembling them into garments, 3D weaving technology spins yarn directly into complete garments, which could significantly cut down on fabric waste and streamline the manufacturing process.

Andrea Albright, executive vice president of Sourcing at Walmart, highlighted the project's alignment with the company's goals of innovation, job creation, and sustainability within its supply chain. unspun's co-founder Beth Esponnette emphasized the opportunity to scale their technology through the partnership, potentially disrupting the garment manufacturing industry and reducing waste.

The collaboration could lead to the establishment of additional microfactories across the U.S., with unspun aiming to deploy 350 machines by 2030. The success of the pilot may deepen the partnership between the two companies.

Walmart has previously showcased various technology-driven initiatives and has committed to sustainability goals, including a target to be 50% powered by renewable energy by 2025 and 100% by 2035. The retailer has engaged with over 5,900 suppliers globally in Project Gigaton, with reported projects expected to exceed a 1 billion metric ton reduction in carbon emissions.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

This pilot project is based on a press release statement and represents a continuing effort by Walmart to integrate innovative technologies into its operations and address environmental challenges within the retail and apparel sectors.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.