Asia is the key sourcing area for the brands. Good Fashion Fund provides impact lending tools to finance investments in supply chain innovations specifically in India, Bangladesh and Vietnam as well as other areas throughout Asia. The new fund’s blended structure combines risk-tolerant capital with private sector investment that allows for flexibility and tailored financing to best fit each individual’s situation. Initiated by Fashion for Good, Good Fashion Fund spearheads systemic change in the apparel and footwear supply chain.
Disruptive innovation is needed to shift the fashion industry from a model of take-make-waste toward a more circular and regenerative system. While the technology exists today to move forward toward circularity, it is not yet being scaled. Good Fashion Fund provides the resources, tools and incentives needed to bridge the innovation gap, bringing these innovations to the mainstream. This is the first investment fund focused solely on driving the implementation of innovative solutions in the fashion industry. Currently, apparel supply chains are plagued by their negative environmental and social impacts. But while sustainable solutions do exist today, there is a lack of capital available to scale these technologies within the supply chain.