Foxway’s business areas collectively contribute to Foxway’s ambition to provide circular tech services across the entire value chain, from sourcing and leasing IT equipment to refurbishing and reselling used devices. This structure allows Foxway to cater to various aspects of the circular tech economy, serving large organizations, the public sector, and resellers of consumer electronics across Europe and beyond.
Company structure
Recommerce is a key component of the circular economy, prompting individuals and businesses to reconsider their product sourcing and consumption habits, especially as climate change and rising living costs underscore the importance of sustainable consumption.
Circular business models within recommerce, including reverse logistics, refurbishment, resale, and repair, are gaining traction globally as solutions to long-term growth and environmental challenges. The tech industry, particularly laptops and mobile phones, is experiencing significant growth in recommerce despite global challenges.
Customers and businesses are finding new uses for outdated electronics, combating e-waste, while circular tech brands are addressing supply issues by repurposing components from older models.
The electronics recommerce market has spurred innovative approaches to reclaim value from used devices, with many retailers adopting buyback programs to enhance customer loyalty and their impact on the circular economy. All business segments offer a comprehensive circular tech solution that addresses both cost and sustainability concerns for businesses
Foxway’s Recommerce Mobile focuses on sustainable tech management by refurbishing and reselling devices, e.g. smartphones, offering trade-in solutions for telco and retail partners, allowing customers to trade in devices for fair value.
Foxway’s Recommerce Computers & Enterprise (C&E) focuses on sustainable tech management by the refurbishment and resale of used computer equipment, addressing both environmental and market demand.
Foxway’s Circular Workplace Solutions focuses on sustainable tech management through its Device as a Service (DaaS) model, which allows organizations to lease rather than purchase workplace devices. This subscription-based service enhances flexibility, enabling businesses to scale their device usage according to current needs while maintaining financial control and reducing capital expenditures. The DaaS model also provides customers with comprehensive oversight of their tech assets, facilitating better resource management and operational efficiency.
