Returns Solution ZigZag Global Receives Multi-Million GBP Investment
Circularity Capital’s investment will further accelerate the rollout of the solution to bluechip retailers. Clients include Topshop, Selfridges and GAP amongst others.
E-commerce return volumes are growing at 10-20 percent per annum. In the U.S. market alone, 2.5 million tons of returned goods end up in landfills, the equivalent of the volume of waste produced by five million Americans.
ZigZag’s multi-award winning SaaS platform enables retailers to reduce the costs and waste associated with returns whilst dramatically improving and simplifying the customer returns experience and speeding up the time to refund. ZigZag grades returned products and can consolidate, refurbish, locally redistribute, recycle or even resell stock internationally.