Tuesday, January 14, 2025
spot_img
spot_imgspot_img
HomeFashion & RetailGood Fashion Fund spearheads systemic change in the apparel and footwear supply chain

Good Fashion Fund spearheads systemic change in the apparel and footwear supply chain

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.

YOU MAY ALSO LIKE

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement - spot_img

Join Our Weekly Newsletter

spot_img

Upcoming Events

 

Simillar News

Recent Random

Apparel exporters want strong BGMEA leadership: Oikko Parishad

The election-centric coalition 'Oikko Parishad' of the organization of export-oriented garment industry owners, BGMEA, held an open discussion on the challenges and actions for...

Blucheez Unveils Flagship Outlet in Banani 11, Dhaka, Redefining Fashion Excellence

Blucheez, an emerging leader in Bangladesh’s fashion industry, proudly announces the grand opening of its flagship outlet at Banani 11, Dhaka. The brand marks...

Two day BUFT National Career Fest 2025 inaugurates

The event was presided over by Mr. Faruque Hassan, Managing Director of Giant Group, Chairman of BGMEA University of Fashion & Technology - BUFT's...