ecologyst Acquires Frankie Collective to Advance Environmentally Aware, Chopping-Edge Vogue

  • Frankie, a Vancouver, BC-based attire producer and model to affix ecologyst, a clothes firm dedicated to ending quick vogue and fostering a perspective shift from clothes as disposable to that of a long-lasting good
  • The way forward for vogue is round – Frankie is the market chief in garment rework, upcycling used clothes that’s in any other case destined for the landfill

VICTORIA, BC / ACCESSWIRE / August 4, 2022 / ecologyst Outfitters Inc. (“ecologyst” or the “Firm“), a planet-conscious, 100% pure fibre clothes producer and model, right this moment introduced that it has signed a definitive settlement to amass Frankie Collective (“Frankie”). Frankie is a ladies’s streetwear producer that upcycles classic and unsold clothes into distinctive items, pushing the boundaries of latest model, extending the product life cycle, and including worth to like-minded prospects and the atmosphere.

“The Frankie Collective enhances ecologyst, with each companies targeted on manufacturing clothes that provides attire for patrons who share the identical imaginative and prescient of dwelling in concord with the planet,” mentioned Rene Gauthier, Founder and CEO of ecologyst. “Our purpose is to exhibit that synergy is feasible among the many ideas of financial system and atmosphere. With the clothes resale market anticipated to achieve $53 billion by 2023* – outgrowing the quick vogue market – the acquisition of Frankie Collective solidifies our quest to have the world’s cleanest provide chain primarily based on environmental consciousness and transparency.”

Frankie Collective offers a market enlargement alternative that’s aligned with ecologyst’s value-based ethos. ecologyst produces new clothes, manufactured for sturdiness with solely pure fibres, interesting to a neighborhood of consumers who share a ardour for the planet and a accountability for its future. Frankie Collective takes one other strategy by saving unsold clothes from high world clothes strains like Nike, Adidas, and Tommy Hilfiger, redirecting clothes from landfills by transforming them into distinctive, fashionable items of artwork that enchantment to the fashionable streetwear neighborhood. Clothes produced by Frankie Collective has a sell-through price of 73% inside three weeks, and lots of of its new rework releases promote out inside hours.

“On behalf of myself and the Frankie crew, we’re tremendous pumped to now be working underneath the ecologyst fold,” mentioned Drew Heifetz CEO, Frankie Collective. “For the final eight years, now we have been constructing Frankie Collective clothes waste administration programs and we imagine that ecologyst has loads to supply in serving to us to achieve our full potential. After we determined it was time to start out searching for potential companions, we had a number of gives on the desk. Dedication to accountable vogue, nice firm tradition, and being Canadian-owned are all the explanation why we selected ecologyst. As we speak marks the subsequent chapter of Frankie Collective.”

In any respect steps of the manufacturing course of, Frankie considers the environmental impacts of the garment trade and makes efforts to scale back waste. For Frankie’s namesake line, their “choosing” crew diverts enormous quantities of waste from landfills to their Vancouver facility the place garments are sorted to be made into new merchandise. Frankie has reworked over 460,000 lbs of discarded clothes thus far, assembly world demand, and completely producing distinctive items from clothes and textiles that exist already.

The acquisition of Frankie Collective is predicted to develop ecologyst’s manufacturer-to-consumer (“M2C“) footprint throughout North America, broaden its e-commerce presence because the trusted chief in sustainable clothes, and be the market chief in upcycled clothes.

Each ecologyst and Frankie Collective have a powerful on-line presence, yielding excessive order values primarily bought at full worth. ecologyst and Frankie Collective have factories in British Columbia, with one in every of ecologyst’s areas appearing as a hybrid retailer and producer, and the Whistler location appearing as a storefront. Each corporations have an e-commerce presence, with Frankie Collective’s gross sales coming from the US.

This acquisition is predicted to shut on August 19, 2022, topic to customary closing situations.

* Supply: BoF Skilled:
https://www.businessoffashion.com/articles/sustainability/what-a-recession-could-mean-for-sustainable-fashion/

About ecologyst Outfitters Inc.

ecologyst is disrupting the legacy clothes trade by producing and promoting sustainable, ethically produced vogue by its manufacturer-to-consumer (“M2C“) enterprise mannequin utilizing pure, biodegradable materials. Its mission is to create the world’s cleanest clothes provide chain. Based in 2019 in Victoria, British Columbia, ecologyst combines know-how and in-house moral manufacturing to eradicate waste and cut back stock, whereas sustaining the very best high quality commonplace. ecologyst is increasing their M2C mannequin to carry their domestically produced manufacturing practices to extra cities throughout North America. ecologyst believes that the long run is round – the place the answer to ending the environmental degradation related to the prevailing clothes trade lies with proudly owning fewer, larger high quality, and ethically produced clothes. For extra info, go to www.ecologyst.com.

About Frankie Collective

Frankie Collective is devoted to sustainable reworked vogue by altering current clothes and utilizing current textiles so as to add worth and lengthen the product life cycle. Frankie Collective’s upcycled clothes appeals to very discerning streetwear prospects around the globe. Recognizing about 30% of all clothes produced is rarely bought, Frankie Collective’s Vancouver, British Columbia-based expert in-house manufacturing crew makes use of these supplies to create distinctive 1 of 1 items day by day, which reduces our carbon footprint by 82% overusing new supplies. For extra info, go to www.frankiecollective.com.

Contacts
Alyssa Barry
Investor Relations
604.997.0965
[email protected]

SOURCE: ecologyst Outfitters Inc.

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