Piñatex creator Ananas Anam plans expansion

By

Sandra Halliday

Published
Sep 24, 2021

London-based sustainable textile brand Ananas Anam is looking to expand after securing a £250,000 investment that should help it add more staff and further develop its offer.

The Piñatex creator is part of a growing wave of companies introducing textile solutions from sustainable sources -- in this case it’s using the pineapple leaves that are left over after the pineapple harvest. Its vegan leather product has already been used by a selection of big fashion and sports names, including Nike, H&M, Paul Smith and Hugo Boss.

Ananas Anam got the money from the Greater London Investment Fund (GLIF), provided by The FSE Group and backed by the Recovery Loan Scheme (RLS).

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CEO Melanie Broyé-Engelkes said the new cash will help the firm continue growing the Piñatex market globally.

And FSE Group investment manager David Booth highlighted that the circular economy is a key area of focus for the fund. He said the “commercial traction” the company has been able to demonstrate to date “is impressive and we are confident that they have a bright future ahead”.