Last year, the company Bolt Threads decided to put Mylo, an innovative “leather” from mycelium, on hold, despite the support of large brands such as Adidas, Kering and Stella McCartney. A couple of weeks ago, Renewcell, the renowned manufacturer of Circulose, had to file for bankruptcy despite significant support and partnerships gained in the industry. The pause of Bolt Threads and the failure of Renewcell, two major players in sustainable fashion, raise questions about the fashion industry’s effectiveness in supporting innovative solutions to reduce environmental impact. Renewcell Renewcell is a Swedish company known for its technology that recycles cotton T-shirts and jeans destined for landfill into a new material, Circulose,…