Eco Fashion Park Summit

April 23-24, 2024

FABRIC Tempe in Arizona

Presented by: Future Proof Fashion & FABRIC

Register to be considered a participant. Space is limited to leaders & decision-makers in the global supply chain.

FAQ

From Bill:  Quick answer is Yes.  We clearly see the benefits to the large Brands on Inventory reduction, lower markdowns, lower out of stocks, higher profits.  But we also see this as valuable all the way down to individual designers, who today find it difficult to scale any winners and find it impossible to take those winners global.  The MDDO network allows that to happen.

One of the fastest growing apparel segments on shore is the digital printing or value add for Influencers, celebrities, etc.  But these are generally constrained to T-shirts, Hoodies or Caps that can be held as Blanks.  The Eco Parc will open this up too many more categories, exponentially increasing what’s on offer to this new retail segment.

From Bill:  I see 3 primary value sources for the Nearshore suppliers.

1: Most Brands and retailers develop their large volume (Global) styles with their Global suppliers based in China, BD, India, Sri-Lanka, Vietnam etc.  They offer the ability to ship any level of volume anywhere and sit within the Raw material base.  By creating the MDDO model with the Eco-Parc Brands would now be free to develop styles locally knowing the Near-shore suppler is connected into the Global supply base so capable of delivering any volume anywhere.  The Supplier who developed the product gains additional volume and is able to receive an income from products sold globally

Note:  The US, Canada, EU, Canda, and Japan will have virtually no projected growth in apparel sales through 2050.  The next $ 5 Trillion of apparel sales growth happens across, China, India, South America and the Rest of the World.  The MDDO model allows Near Shore Americas suppliers to participate in that growth.

2:  Near Shore players produce quick response orders for the Global suppliers, capturing more volume and income. 

3:  By participating in the model it reduces the risk of the Global suppliers simply entering Latin America and the US to set up their own models. To date this has been the ask of most Brands.

From Bill:  Not easily, nor quickly; but I have 2 past experiences where this worked.

1:  At VSS we set up a mutual capacity model across our top 5 suppliers and asked them to collaborate on the production of our “Launch” collections.  These required millions of units to be produced for the floor set.  The challenge was that we developed 3 concepts for any floor set, each with a different supplier.  When the final collection was selected it meant 2 suppliers lost out big-time and one supplier won but didn’t have the capacity to meet our demand.  

When we suggested they work together to share the orders and meet our demand; the supplier who “Won” never wanted to share, the suppliers who “Lost” always thought it was a great idea.  Only when every supplier had become a loser did they get it.  VSS committed that their growth would match VSS growth, we would never dilute our value to them by introducing new suppliers.  The suppliers committed to share all technical data and would work together on capacity plans, they told VSS where to place the orders.  It was this model that allowed VSS to scale so rapidly its launch styles. A committee was set up that consisted of the 5 suppliers and VS, all of whom were considered peers.  I took a year to get to a place where everyone trusted each other, because everyone held to their commitments.

2:  Similar situation in Ethiopia where VF. H&M and PVH came together to set up the world’s largest Green Industrial Park with 20+ of common suppliers.  We, brands and suppliers, met every month until we all established trust, and again the key was “Said / Did”.

Everyone must be transparent as to why they want to be part of this work, no hidden agendas.  

That said I have also learned that if you are given reason to question someone’s integrity or that their agenda is different to yours; Walk Away.

From Bill:  Using an approach we applied in other locations we would look to have a state support the building of the Eco Parc base infrastructure and buildings.  They recover the income through a rental / leasing model.  With the US committed to bringing back industry to the Americas, nearshore and Onshore + the value this delivers on Waste reduction, I believe there are Fed and local funds to support this.

The build-out of the individual facilities within the Parc would be at the expense of the supplier or joint supplier JV’s.

The Cutting room, advance machinery facilities could be under the management of the machine companies or a 3rd party.  i.e. Lectra Runs the cutting room and charges on use basis, Kornit runs the print facility and changes on a use basis.

Take this as directional as I see this as the detail the working team will get into

Read more Q&A with Bill McRaith, former CSO of PVH, SVP Sourcing at Wal-Mart, CSO of Victoria’s Secret and Eco Parc visionary HERE.

The 2030 Supply Chain Vision

Goals of Summit: Plan development for pilot of Supply Chain 2030 Vision/Eco Fashion Park to meet industry needs.

What:

The innovative Fashion Eco Parc concept is a supply chain collaboration that works on a shared profitability model to produce optimized order quantities based on consumer demand at point of purchase. The Eco Parc will facilitate demand-matching garment creation, life cycle extension, and sustainable end-of-life, which will propel fashion value chains into a sustainable and profitable future. This circular method aims to become the blueprint for all future sustainable fashion supply chains.

Why:

  • Today inventories are overflowing and billions of dollars of clothing waste per year. 
  • Markdowns cost retailers. 
  • Waste is a huge problem: 92 million tons of textiles waste is created each year. Only 15% of material used for clothing ends up being recycled. 
  • To create a sustainable manufacturing process. 
  • Get ahead of policy....Governments are already introducing litigation and legislation.

How:

Global manufacturers, brands, retailers, technology companies, NGO’s, investors, government, and academia will convene at FABRIC on April 23rd and 24th at a circular supply chain summit to pilot the first EcoParc. Spearheaded by FABRIC, Future Proof Fashion, and global supply chain expert Bill McRaith, the group will "whiteboard" and refine the concept and strategize actionable measures to materialize the inception of the pioneering EcoParc.

Click HERE to learn more about building an Eco Fashion Parc and contact us HERE if you'd like to learn about FABRIC and Eco Fashion Week sponsorship opportunities or donations.


ECO FASHION WEEK

Green is now more than just a color for the fashion industry.

We've been SEW passionate about leading the charge in moving the needle toward a more sustainable fashion future for years.

Eco Fashion Week is an annual event produced by FABRIC during Earth Week. It is a week-long event created to educate the public on sustainable fashion and to celebrate, recognize, and support sustainable fashion brands. Every year, EcoFW includes sustainable fashion shows, pop-up shops, and educational panel discussions.

This year, the Eco Parc summit will take place during Eco Fashion Week. Attending the summit? Stay for the entire week to experience sustainable fashion shows, popups, panels, and more.

This project is partially funded by a City of Tempe - Community Arts Grant

Past Eco Fashion Weeks

2023 | 2022 | 2019 | 2018

Photo by Shane Baker