According to a report by McKinsey the world now consumes in excess of 100 billion pieces of clothing a year with the fashion industry responsible for 92 million tons of waste heading for landfills every year.
To fulfill our own target of making a positive impact on the planet, we strived to make LABELL-D the world’s first closed loop fashion ecosystem. Customers can buy new responsible items from brands such as Gucci, Stella McCartney and up and coming emerging designers, then own it as an asset by returning to the site to rent, share or resell the item. Unlike other resale sites, LABELL-D’s pre-loved customers can be reassured in their resale purchase as all garments are authenticated through a unique digital ID which can also be connected to existing brand ID’s to see the life-cycle of the garment from start to finish. The same ID also enables our customers to re-list their items in only one click.
Inverse have supported Labell-d grow through our Investor research, investor outreach and consultancy services. Working together on a personal level with the founders we have been a key driver for the strategic vision of the business.
Total Raised £200,000+
Please request pitch deck.
- Date: January 25, 2021
- Categories: Portfolio
- LABELL-D CIO Services, Advisory, Investor Research, Investor outreach, Investor Pitching.
- Live Preview LABELL-D