The partnership consists out of two workstreams and participants choose to work on either or both. Participants initially commit to stage 1. Once that stage has been completed, stage 2 will be explored. Three core partners are involved in the realisation of the initiative and support participants throughout.
WORKSTREAM ONE: CIRCULAR FASHION WASTE BUSINESS MODEL
Scaling up the circular production of new garments made from post-production waste streams such as textile scraps in Bangladesh.
Stage 1: Traceability and recapturing of waste streams
Manufacturers in Bangladesh work together with partner brands and with support of Reverse Resources to set up segregation of waste cuttings within their facility. Manufacturers sell contamination-free, higher-value waste at a premium price through a streamlined handling process. The waste streams are matched with a recycling solution, offering a ‘one-stop-solution’ with traceability to all involved parties.
Stage 2: Circulating waste back into the value chain
After the waste streams are rerouted to recycling solutions, project participants will evaluate the opportunity to circulate these waste streams back into production. The material price will be moderate (not exceeding virgin), fully traceable and at the highest achievable quality. Product samples can be developed, and testing performed as per brand participants requirements.
Workstream Two: Circular Fashion Stock Marketplace
Co-create and implement a Circular Fashion Stock Marketplace solution for deadstock fabrics and potentially overstock garments piled up as a result of COVID-19 in Bangladesh.
Stage 1: Identifying challenge & opportunity
Brands, manufacturers, recyclers, agents, warehouses and for instance waste handlers based in Bangladesh provide insights through an (when preferred anonymous) survey on the current deadstock and overstock build-up. Interviews are conducted and data is gathered to map & analyse the current situation, identifying challenges and initial solutions.
Stage 2: Identifying business case & designing solution for scale
Marketplace solutions are developed and tested with project participants. Matchmaking sessions are planned to trial trades and understand the business value of the solutions.