Circular fashion company ACS Clothing is among the first ever recipients of The King’s Awards for Enterprise, celebrating the achievements of UK businesses.
148 UK businesses have this year been recognised by His Majesty The King for their “outstanding achievement” in Innovation, International Trade, Sustainable Development, or Promoting Opportunity (through social mobility).
ACS Clothing Limited, which specialises in rental fulfilment and clothing renewal, has been recognised under the Sustainable Development category. Founded in 1997, ACS aims to transform the fashion industry from the traditional linear take-make-dispose model, towards a circular fashion model that extends the life of existing textiles and diverts clothing from landfill.
Kevin Hollinrake, Minister for Enterprise, said: “I congratulate the first ever recipients of The King’s Awards for Enterprise, who exemplify the talent, innovation, and entrepreneurial spirit of British business. I wish them every success and commend the invaluable contributions they make to communities both at home and overseas, helping to grow the UK economy.”
The King’s Awards for Enterprise was previously known as The Queen’s Awards for Enterprise. The new name reflects His Majesty The King’s desire to continue the legacy of Queen Elizabeth II by recognising outstanding UK businesses.
The award programme, now in its 57th year, has awarded over 7,000 companies since its inception in 1965. Applications for The King’s Awards for Enterprise 2024 open on Coronation Day, 6 May 2023.
Source : Theindustry