FINDS

Startups aren’t just workplaces—they’re ecosystems of innovation, speed, and real impact. Or at least, that’s how it is at FINDS 🚀 If you’ve ever wondered why so many people thrive in startups, check the post and find out! #InternationalStartupDay

From Manual to AI-Driven Our journey started in 2020, check where we are now. 🚀 We're launching soon! Save the date – March 20, 2025. 🔗 Sign up and join our community of 100+ partners: https://lnkd.in/dkcEtHH4 #ExcessInventory #StockManagement #CircularFashion

It’s happening 🚀 – FINDS, the first data-driven B2B platform innovating excess stock management in the fashion & beauty industries is about to launch Save the date – March 20 FINDS allows buyers making sourcing smarter, faster, and more efficient. Stay connected with premium brands and unlock exclusive stock insights. Sign up and join our community of 100+ Partners:  https://lnkd.in/dkcEtHH4 #ExcessInventory #StockManagement #CircularFashion

🚨The global economy in 2025 faces a two-sided challenge: consumer confidence and their ability to spend, as well as increasingly unpredictable customer needs for fashion brands. How to deal with this problem? ♻️We explored this based on insights from the McKinsey & Company webinar and data provided by Anita B., Senior Partner at McKinsey. Sell and Buy Excess Inventory with FINDS: https://finds.solutions/ #StateOfFashion #CircularEconomy

♻️ How to get polyamide from tires? Emil Pettersen explains the process that allowed Reparell AB to create clothing from recycled tires for their client. Reparell AB transforms waste into sustainable textiles using advanced molecular technology. This is a strong step toward a circular economy. 🎙️The conversation comes from the webinar "How brands can redefine the role of waste in fashion?" #CircularEconomy #SustainableFashion

High Hopes, Even Higher Disappointments “🚨 WHERE IS FRANCE'S ANTI-FAST FASHION BILL?” That’s the question Fanny Moizant, co-founder of Vestiaire Collective, raised last week. The answer? Careful, it’s being called a "national scandal." Back in March 2024, the bill seemed to be on a smooth path to becoming law after receiving unanimous approval from the French National Assembly. 🔍 What was the plan? The legislation aimed to introduce a "sin tax" of up to €10 per item on environmentally harmful fast fashion—a strong and necessary step toward sustainability. And then—nothing. No progress. No implementation. 🛑 Why? In its Friday post, Vestiaire Collective pointed the finger at Shein, which conveniently appointed former French interior minister Christophe Castaner to its advisory committee in December. In just two months, Shein managed to block the anti-fast fashion bill. Reacting on social media, Fanny Moizant made it clear: "We want answers, and we want action. Join us in putting the pressure on the French government to reverse this unethical decision now." 📢 What’s next? Supporters of the bill refuse to back down. According to The Business of Fashion, the Senate Committee on Regional Planning and Sustainable Development is set to review the bill on March 19 and is urging the government to put it back on the public agenda. At FINDS, we believe that building a circular economy requires tackling the root causes of waste across the fashion industry. Ultra-fast fashion giants are major contributors to the problem, flooding the market with low-quality, disposable clothing. If we truly want to reduce waste at its source, we must hold these companies accountable. 🚨 This has to stop. Spread the word. #JoinTheMovement #StopShein #CircularEconomy #SustainableFuture source: Vestiaire Collective LinkedIn/Instagram

"I believe that many things can be sold for a higher price" – Emil Pettersen ❌ Recycling is not cheap. ❌ Being eco-friendly is not cheap. Does this mean brands should stop investing in recycled clothing? No. There needs to be a shift in consumer awareness. ✅ We pay for Ethics, Production Location, Production Methods, Materials, Quality, and Certifications. 🎙️The conversation comes from our webinar "How Brands Can Redefine the Role of Waste in Fashion?" with Andrea Herget and Emil Pettersen. If your brand is interested in producing recycled clothing, we can help you find the right partner. #RecycledClothing #EthicalFashion

January confirmed that 2025 will be a big year for the fashion industry, brands need to solve the overstock problem—or risk falling behind Why? Brands are currently in the process of adjusting (or developing) their off-price strategies before the ban on the destruction of unsold textiles in 2026 takes effect across the European Union. FINDS is here to help, providing a B2B platform for managing excess inventory. What else happened in January? Paris hosted the first Fashion Week of the year, giving us the opportunity to visit our partners in their showrooms and attend trade shows. At the end of the month, we returned to Madrid to collaborate with L'Oréal on a project for the Better Beauty Innolab program. In the meantime, we organized a webinar with Emil Pettersen, owner of Reparell AB, discussing "How can brands redefine the role of waste in fashion?" and providing actionable insights on how to become more sustainable. Our tech team has been working on developing new, innovative features for our B2B platform, making excess stock exchange even more seamless. Thanks Kevin Monfray and Noémie Laguelle, we’ll be sharing them with you very soon! Thanks to everyone for keeping up with this incredible pace—there’s much more to come in February!

FINDS is growing! 🚀 We are happy to announce that we have a new team member, Theresa Pichler. Thanks to her extensive experience in project management in so many international projects, she will help us streamline our processes and ensure the success of our upcoming projects. We can’t wait to see the results of this collaboration. Welcome aboard, Theresa! #TeamGrowth

How tech is shaping the future of fashion and helping monetize the overstock? Let’s face some frightening statistics: ❗️In 2023, the fashion industry generated 2.5 to 5 billion surplus items, representing $70 billion to $140 billion in potential sales. ❗️The rise of micro-trends has caused fashion styles to fluctuate by up to 300% in search volume over just 12 months, making demand forecasting increasingly difficult for brands. ❗️Clothing demand is impacted by unexpected temperature changes. ❗️Brands lose an average of 20% in monthly profit due to inaccurate stock buying across sizes. The Challenge of Over-Stocking and Regulatory Pressures • In July 2024, the EU approved the Ecodesign for Sustainable Products Regulation, which requires fashion companies to report unsold textiles starting in 2025 and bans the destruction of unsold goods by 2026. • In August 2024, California became the first US state to implement the Extended Producer Responsibility program for textiles, mandating apparel companies to develop a plan for collecting, repairing, and recycling goods by July 2030. ❌ 60% of brands falling are failing to meet their sustainability targets and adopting cost-effective measures to minimize overproduction What’s the Solution? ✅ Fashion brands need to adopt proactive inventory management strategies powered by technology to ensure both profitability and sustainability. The Rise of AI and Data-Driven Solutions ✅ To achieve profit margins and more sustainable practices, brands are increasingly turning to data-driven tools that help managing overstock. Data-driven planning and forecasting ✅ 75% of fashion executives intend to focus on data-driven tools, leveraging platforms to automate demand forecasting and optimize inventory allocation. These solutions have the potential to reduce inventory levels by 5–15% while enhancing stock-out rates by 15–25%. Kering, for instance, achieved a 20% increase in inventory forecasting accuracy through AI-driven demand planning. By leveraging advanced tools, like FINDS brands can better manage inventory, reduce waste, and respond more effectively to market demands. #InventoryManagement #DataDrivenSolutions #FashionTech Source: https://lnkd.in/duash8V9