Brooklyn, NY, September 12, 2019 --(PR.com
)-- Returnity has been selected to participate in Batch 6 of the Fashion for Good-Plug and Play Accelerator program, the world’s premier sustainable textile and circular fashion innovation platform. Fashion for Good was launched in 2017 and is supported by C&A Foundation as a founding partner. The Fashion for Good-Plug and Play Accelerator is run in collaboration with Plug and Play – the most active early-stage investor globally – and corporate partners adidas, C&A, Galeries Lafayette, Kering, PVH Corp., Target and Zalando. Together they are championing the replicable and scalable innovations that will accelerate the transition to a circular fashion industry.
"The Fashion For Good - Plug and Play Accelerator Program is helping transform the fashion industry from a linear to a circular model," said Mike Newman, CEO of Returnity Innovations. "Returnity's mission is to empower and enable that transition through the custom implementation of reusable shipping and delivery packaging. We are honored to be selected for this exclusive program and look forward to working together with the sponsoring companies."
A total of 12 finalists were chosen by the panel of participating brands. As part of the program Returnity, along with the other finalists, will participate in a twelve-week curriculum in Amsterdam, including mentorship and business development opportunities with corporate partners and culminating in “Demo Day” during which finalists will pitch in front of a broad audience of industry leaders and investors.
Returnity Innovations is the pioneer in the elimination of single use shipping packaging. Returnity builds out solutions and empowers the systems necessary for companies to shift to the new circular economy. For more information, please visit www.returnity.co.
About Fashion for Good
Fashion for Good is the global initiative that is here to make all fashion good. It’s a global platform for innovation, made possible through collaboration and community. With an open invitation to the entire apparel industry, Fashion for Good convenes brands, producers, retailers, suppliers, non-profit organizations, innovators and funders united in their shared ambition.
At the core of Fashion for Good is our innovation platform. Through our Fashion for Good-Plug and Play Accelerator we give promising start-up innovators the expertise and access to funding they need in order to grow. Our Scaling Program supports innovations that have passed the proof-of-concept phase, with a dedicated team that offers bespoke support and access to expertise, customers and capital. Our Good Fashion Fund will catalyze access to finance to shift at scale to more sustainable production methods. For more information, please visit www.fashionforgood.com.