This work serves as an explanation of and an investigation into the current textiles economy and highlights how circular economic strategies can be implemented within the industry in order to not only mitigate negative externalities of mass garment production, but actually transform the textile supply chain into one that provides environmental, social and economic value. By explaining business principles from a historical perspective and then delving into the conceptual framework behind the Circular Economy, clear potential benefits can be outlined when circular strategies and principles are applied to textiles. An investigation into five European businesses within the garment value chain that are already prioritizing circular practices using varied and combined business models allows an entrepreneurial guide to be created that offers instruction on how to make internal changes towards activity that is truly green, community-enriching, and profitable to existing companies and entrepreneurs looking to start their own business within the industry. This alignment of Circular Economy principles and textiles is explained not as a burden to businesses, but rather as an opportunity to reap economic benefits and focus on sustainable practices as they become more and more demanded by consumers and governmental bodies across the globe.
Key words: Circular Economy, Textiles, Sustainable Development, Transparency, Traceability, Fast Fashion