Loomish, a Swiss investment management firm, and Swiss luxury brand Bally is inviting enterprises with ground-breaking solutions capable of supporting big players tackle sustainability. The fashion tech start-ups should not only be dedicated to developing initiatives that actively address the burning issues of sustainability in the fashion industry, but they should also fall within the following categories: sustainable production (materials, design, production), sustainable consumption (circular economy) and sustainable retailing and logistics.
Nicolas Girotto, Bally CEO, says: “Over the last year, there has been a significant shift in the urgency make the Fashion industry more sustainable for the future. As a member of the Fashion Pact, and with our own independent Sustainability Roadmap in place, I believe brands have a duty to leverage their reach and vitality to address these growing global issues”. Adding: “This initiative is a part of our contribution towards building a more sustainable industry and we are very pleased about the diversity and breadth of the Award Jury Panel, which brings together a stellar group of industry leaders and brands in one place.”
“The Fashion Innovation Award has gained a reputation of a curated launch platform for FashionTech start-ups“-Carlo Terreni, the Founder of Loomish-
Carlo Terreni, the Founder of Loomish, says: “Over the last four years, the Fashion Innovation Award has gained a reputation of a curated launch platform for FashionTech start-ups: it gives promising FashionTech entrepreneurs a unique opportunity to pitch their solution directly to dozens of senior industry decision-makers, all the way to the c-level executives. In 2020, with fashion sustainability raising a massive innovation space, we will work with our Partners, Brands and Jury members to select, promote and help scale-up the most promising FashionTech start-ups working towards a more sustainable future.”
With the closing date, the 14 February 2020, fast approaching, Loomish has made sure that the application process is quick and straightforward. The finalists will be invited to pitch in Lugano on 31 March 31, 2020, in front of an international jury panel that includes high-level industry executives, tech leaders and investors like Giorgia Roversi, Sustainability and Inclusion Director from Yoox Net-a-Porter, Marta Lualdi Sustainability & Product Compliance from Gianni Versace and Carlo Torrani CDO from Missoni.