The main objective of the New Cotton project is to move towards closed loop material flows in the textile and fashion sector and in this way enhance the circular economy practices in this industrial sector. The project will create an ecosystem around textile/fashion circulation and it aims to demonstrate the textile /fashion circulation in industrial level. Several industry and business partners are involved in this project. The research in Aalto ARTS will focus on ecosystem building between stakeholders, value creation in circular economy and new business thinking through network approach and in circular economy context.