How Chanel's €80M Nevold Platform is Redefining Circular Luxury Materials

2025-07-24

As EU regulations accelerate fashion's sustainability reckoning – with EPR requirements taking effect January 2025 and PPWR mandating textile traceability by 2026 – luxury's response reveals a fascinating paradox. While consumer messaging becomes subtler, investments in circular luxury materials surge behind the scenes. Chanel's launch of industrial-scale B2B material platform Nevold, signalling seismic shifts in high-end textile-to-textile recycling.


B2B material platformNevold represents Chanel's €80M commitment to systemic change through:
1️⃣ End-to-end traceability for deadstock wool, silk & leather
2️⃣ Proprietary textile-to-textile recycling tech
3️⃣ True B2B material platform infrastructure

"We're building our third core business pillar," declares Chanel Fashion President Bruno Pavlovsky. With only 30% of handbags and 50% of shoes currently incorporating recycled leather reinforcements, Nevold addresses luxury's greatest roadblock: scaling circular luxury materials without compromising quality.


Nevold's acquisition strategy reveals luxury's operational reality:
• Integrating Filatures du Parc's 50-year yarn expertise
• Leveraging L'Atelier des Matières'textile regeneration

• Scaling Authentic Material's leather upcycling


This vertically-integrated B2B material platform solves critical barriers to textile-to-textile recycling:
Cost efficiency through volume aggregation (even partnering with Decathlon)
Material consistency meeting haute couture standards

Regulatory-compliant end-to-end traceability


This mirrors LVMH's Nona Source and Gucci Continuum, but Nevold's unique B2B material platform model positions it as industry infrastructure rather than brand-specific solution.
Sophie Brocart, Nevold's architect and LVMH veteran, understands that end-to-end traceability requires:
📌 Chemical-level material passports
📌 Blockchain-verified waste streams

📌 Cross-brand material standards

Her team now pioneers "recycling specialist" roles – luxury's newest tradespeople enabling true textile-to-textile recycling.


textile-to-textile recycling


Chanel's investment signals an industry-wide recognition:"No single brand generates enough waste to achieve scale profitability"- Bruno Pavlovsky. – validating Yooretex's thesis that textile-to-textile recycling demand necessitates industry-wide alliances. Contact Yooretex to benchmark your luxury/textile recycling strategy against emerging EU compliance frameworks and material passports.


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