In reply to ow arm:
Dry warm air is what it needs, with plenty of agitation.
Recently I dug my 40 year old down Point Five Zero bag (an 18th birthday present from my parents) out of the attic where it has been scrunched up in its stuff sack in damp conditions for years. I thought I would try it out camping for the TDF in anticipation for a C2C camping trip in August. I used that bag extensively in my younger years, even over a period of six moths when I lived in an unheated bedsit. About 16 years ago I washed it with down wash, managed to get it saturated, left it to soak, left it to drain, realised it wasn't draining at all but was growing bacteria and going smelly so in a do or die attempt, threw it in the spin dryer then hung it out in the sun. To my utter amazement it puffed up good as new and clean and shiny.
So when I dug it out again a couple of weeks ago I really wasn't expecting much; the poor old bag had been so neglected and abused over its 40 year life that I expected the down to be clumped up in lumps and beyond recovery. Yet it amazed me again; within ten minutes in the warm sun and with plenty of flapping it was puffed up and turgid like a new bag. I took it to Yorkshire and had two very warm, comfortable nights in my good old bag, the best present anybody ever bought me.