Prince of Liechtenstein owns major UK used-clothing exporter via Textile Recycling International
The Telegraph video and accompanying article follow journalist Tansy Hoskins, who spent 16 months volunteering in a charity shop and a year investigating the fate of donated clothing. It highlights that the UK donates roughly 350,000 tonnes of clothes annually through 9,900 charity shops while global production exceeds 80 billion garments yearly, and notes that human-made mass now surpasses living biomass. Rather than ending at low-margin family firms, the money trail from worn-clothing exports leads through corporate structures, Luxembourg business registers, tax havens, and ultimately to ownership by the Prince of Liechtenstein’s interests via Textile Recycling International Topco Ltd. The piece promotes Hoskins’ full investigation and her new book Charity Shop World.
Source: The Telegraph