
Textile reconditioning: Reekom raises 4.5 million euros to open mechanized center in Seine-Saint-Denis
This round of financing was led by business angels including Alexandre Cadain (Alpha Star), Clément Alteresco and Benjamin Bouquet (Morning), as well as Super Capital and Kimpa. Founded and managed by Guillaume Perret du Cray, Reekom operates in the ready-to-wear, footwear, and leather goods sectors, as well as in furniture and decoration.
At a rate of 30,000 items per month, Reekom takes care of checking, cleaning, ironing and repairing products. The products are also photographed before being put back on sale. To date, this service has led the group to work for BonneGueule, Paradigme, Camif and Veepee.
"We want to show that re-commerce can be profitable because it's the only way to structure this sector," explained Guillaume Perret du Cray. "Our vision is based on three pillars: circular economy, industrial efficiency, and territorial anchoring. We place people at the heart of our approach, particularly by collaborating with associations working to reintegrate people who are far from employment."
A former employee of Veepee and Unilever, the company's CEO is planning to open recycling centers in Spain, Italy, Germany, and Eastern Europe. He also mentions the possibility of eventually following his customer brands into the American and Asian markets.
Launched in 2022, Reekom intends to strengthen its teams in the meantime. Eleven new recruits are expected between now and the end of the year. They include dressmakers, textile engineers, and other operational profiles, who will bring the company's workforce to around thirty.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Euronews
2 hours ago
- Euronews
Chipmakers Nvidia and AMD to pay 15% of China revenue to US government
Nvidia and AMD have agreed to pay 15% of their revenues from sales of artificial-intelligence chips in China to the US government. The unprecedented deal, first reported by the Financial Times on Sunday, is part of a bargain to secure export licenses for the Chinese market. Nvidia will share revenue from sales of its H20 chip, while the pledge applies to AMD's MI308 chips. According to FT sources, the Trump administration has not yet decided how to use the money. 'The unusual arrangement is another example of a mega tech company acquiescing to the US administration's demands, to gain an upper hand as trade relations are redrawn,' said Susannah Streeter, head of money and markets at Hargreaves Lansdown. 'Nvidia's Q1 revenue took a $2.5 billion (€2.1bn) hit due to restrictions on H20 sales to China, but it clearly believes the 15% contribution is well worth it, to keep access to the vast and fast developing market,' she added. The US government last week began to grant licenses for Nvidia to sell its H20 chip in China. The move represented a U-turn for the White House, which in April banned sales of the chip to China, linked to concerns that the technology could be used for military purposes. The H20 chip was specifically designed for the Chinese market, in line with restrictions introduced by former president Joe Biden in 2023. Huang had harshly criticised April's export ban, arguing that restrictions were causing more harm to American businesses than to China. Critics argued that as well as denting the profits of US firms, restricting access to the Chinese market provided an added incentive for China's domestic industry to innovate. The new pledges from AMD and Nvidia are unusual, as no US company has ever agreed to pay a portion of their revenues to obtain export licences. Even so, this brand of dealmaking is becoming increasingly characteristic of firms dealing with the Trump administration. The president is notably encouraging companies to invest in the US to obtain more favourable tariff rates. Last week, Apple said it would invest another $100bn (€85.8bn) in the country, adding to a previous pledge to spend $500bn (€429bn) in the US over the next four years. The announcement came as President Trump said he would impose a 100% tariff on computer chips, only sparing companies that commit to 'building' on US soil. The easing of chip export restrictions has also arrived as relations between Washington and Beijing have thawed in recent weeks. Earlier this year, the Trump administration threatened a 145% duty on Chinese goods sent to the US, and Beijing responded with a 125% retaliatory tariff. The two sides decided to lower these taxes in May, and then agreed on a trade framework in June. Both China and the US are seeking to find a permanent solution to replace the temporary trade truce before a 12 August deadline. Nvidia and AMD did not immediately respond to Euronews' request for comment.


Fashion Network
a day ago
- Fashion Network
Mexico wants Adidas to pay up after Mexican-American designer launches Indigenous-inspired shoe
Mexico is looking for footwear giant Adidas to pony up after a Mexican-American designer, Willy Chavarria, working with the firm launched a shoe inspired by a traditional Indigenous sandal, authorities said on Friday. Chavarria, who has been hailed in the United States for his work bringing Latino issues to light - including his controversial collection touching on the alleged gang members locked up at El Salvador's notorious CECOT prison - recently dropped the "Oaxaca Slip On" shoe, a sneaker sole topped with the weave of Mexico's huarache sandals. Critics in Mexico argued that the shoe uses the name of the southern Mexican state, a major manufacturer of the traditional leather sandals, while Chavarria's design is manufactured in China and Indigenous artisans received no credit or benefit from the multinational firm. "Big companies often take products, ideas and designs from Indigenous communities," Mexico President Claudia Sheinbaum said in her morning press conference. "We are looking at the legal part to be able to support them." Deputy Culture Minister Marina Nunez confirmed that Adidas had contacted Oaxacan officials to discuss "restitution to the people who were plagiarized." The dispute is the latest by Mexico to protect its traditional designs from global fashion firms, having previously lodged complaints against Zara -owner Inditex and Louis Vuitton. Chavarria said in a statement on Saturday that he was "deeply sorry that the shoe was appropriated in this design and not developed in direct and meaningful partnership with the Oaxacan community." His approach fell short of the respect the community deserved, he said, stating that his intention had always been to "honour the powerful cultural and artistic spirit of Oaxaca and its creative communities," the statement added. Adidas did not respond to a request for comment.


Fashion Network
a day ago
- Fashion Network
Mexico wants Adidas to pay up after Mexican-American designer launches Indigenous-inspired shoe
Mexico is looking for footwear giant Adidas to pony up after a Mexican-American designer, Willy Chavarria, working with the firm launched a shoe inspired by a traditional Indigenous sandal, authorities said on Friday. Chavarria, who has been hailed in the United States for his work bringing Latino issues to light - including his controversial collection touching on the alleged gang members locked up at El Salvador's notorious CECOT prison - recently dropped the "Oaxaca Slip On" shoe, a sneaker sole topped with the weave of Mexico's huarache sandals. Critics in Mexico argued that the shoe uses the name of the southern Mexican state, a major manufacturer of the traditional leather sandals, while Chavarria's design is manufactured in China and Indigenous artisans received no credit or benefit from the multinational firm. "Big companies often take products, ideas and designs from Indigenous communities," Mexico President Claudia Sheinbaum said in her morning press conference. "We are looking at the legal part to be able to support them." Deputy Culture Minister Marina Nunez confirmed that Adidas had contacted Oaxacan officials to discuss "restitution to the people who were plagiarized." The dispute is the latest by Mexico to protect its traditional designs from global fashion firms, having previously lodged complaints against Zara -owner Inditex and Louis Vuitton. Chavarria said in a statement on Saturday that he was "deeply sorry that the shoe was appropriated in this design and not developed in direct and meaningful partnership with the Oaxacan community." His approach fell short of the respect the community deserved, he said, stating that his intention had always been to "honour the powerful cultural and artistic spirit of Oaxaca and its creative communities," the statement added. Adidas did not respond to a request for comment.