Bring It Out! Reduce, Reuse, Recycle. Fashion trends Many of us have fallen prey to bad fashion choices over the years And the best way to tackle it?

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Presentation transcript:

Bring It Out! Reduce, Reuse, Recycle

Fashion trends Many of us have fallen prey to bad fashion choices over the years And the best way to tackle it? We either dispose the clothes or have it laying in our wardrobes for years!

Fashion trends In fact did you know… Most women complain about being unsatisfied with their wardrobe choices. Women have an average of 90 items in closet, and own about 11 handbags, totaling $8,500 in retail value! Research shows they are not wearing at least 20% of what's in their wardrobe. (yes, women complaining that they have ‘NOTHING TO WEAR’ is a real thing!)

Why is this a problem? Average citizen produces 50% of average body mass in textile waste 18 billion tons waste textile produced only in US Only 11% is recycled

What can the customers do? 1.Reuse your clothes with style consultant stylish suggest whole set with your existing clothes, while suggest which are not right for you 2.Recycle the wrong clothes: send us clothes which are suggested not right for you 3.Reduce purchasing new stuff, Save money & environment Join our second hand market, enjoy the fun in this green community

How can we contribute? Research advises that the average female consumer spends about $3,400 a year on apparel. Bring it Out mission: help the customer feel confident with their everyday fashion choices help them save an average of 70% of their usual spend and keep their monthly spending to under $1,000 a year BRING IT OUT!!

Pre loved clothes sales are booming VC invested over 100M in 2014 Percentil (Spain) 1 year operations 22 Employees Active users 400kEUR sales 1MEUR VC funding Thread up (US) 250% user growths in cities Stablished Brands starting to follow the tendency

Personal Stylist are not exclusive to stars any more Stitch Fix Founded ,500 employee 47M VC investment 70% users return before 90 days Keaton Row Community of 2000 stylist 6M VC investment Consumers dont want more clothes, they want key pieces that feel good

Counciousness is NOT going away Brands being built on it Organic cotton up by 25% each year

Phased execution allows to receive first revenues after 8 months and have full solution in 15 months Stage 0.1. Research (months 1..4) Platform modeling and prototyping Building ecosystem - Market research, developing terms and conditions for partners Stage 0.2 Preparation (month 5..8) Building working platform Building ecosystem - Market research and Developing terms and conditions for partners Stage 1. Style advisory model (months 9..14) Style advisory services Serving as lead generation platform for other garm retailers Collect / dispose / recycle services Developing platform for additional services Stage 2. Integrated retailer model (month 15…) Style advisory services Trading platform for new garm Operator of 2 nd life market (online, offline) Collect / dispose / recycle services Stage 3. Expansion / replication to another segments (months 21…) Platform prototype (month 4) Working platform (month 8) Experts are ready to participate, ready DB of garm (month 8) OFFICIAL LAUNCH – MONTH 9 LAUNCH OF RATAILER BUSINESS AND 2 nd LIFE MARKET – MONTH 15 Timeline Key milestones

Success Metrics Break even after year 1 Projected revenue growth 150% over year 2 and 3 Extending the life of a garment just by 3 months reduces 8% Carbon footprint 10% Water consumption 9% Waste