Parley for the Oceans Launches New Apparel Line and Investment Fund to Drive Sustainable Materials Innovation

Fashion & Sustainability News

Parley for the Oceans Launches New Apparel Line and Investment Fund to Drive Sustainable Materials Innovation
PARLEYSUSTAINABLE MATERIALSFASHION
  • 📰 wwd
  • ⏱ Reading Time:
  • 221 sec. here
  • 13 min. at publisher
  • 📊 Quality Score:
  • News: 120%
  • Publisher: 68%

Parley for the Oceans, the non-profit organization dedicated to tackling plastic pollution in the oceans, is launching a new apparel line and a dedicated investment fund to accelerate the development of next-generation sustainable materials.

This is really part of a new chapter of Parley ,” said cofounder and chief executive officer Cyril Gutsch in an interview. Gutsch and cofounder Lea Stepken will launch Parley Future Material (PFM) as a separate, direct investment vehicle and incubator to fund and support the development of next-gen materials. Parley will launch its own apparel line with 120 pieces, all produced in Italy and Portugal, which will be presented to buyers at during Paris Fashion Week in March.

DSM will “do the heavy lifting” on sales and managing inventory, said Gutsch, who with Stepken will concentrate on material development and design.Stepken will oversee design of the core collection, and Parley will also bring in guest designers. Gutsch promised an “influential and unexpected” first guest designer to be revealed soon. In addition to its advocacy, Parley for the Oceans’ first dozen years of existence were devoted to intercepting and recycling plastic waste and discarded fishing gear, and turning it into its trademark Parley Ocean Plastic fiber. The NGO pioneered partnerships with brands and designers, including a long-standing collaboration with Adidas. Gutsch is clear that he does not intend to develop a fashion brand focused on a never-ending growth trajectory; instead, he wants to use the Parley line as a testing ground for new materials and business models. “Parley is not meant to be a brand that is a fashion manufacturer. Parley is meant to be the ignition spark,” he said, to inspire other companies and creatives.Currently fashion brands — even from big companies — don’t want to go through R&D, and instead want to see an already-proven product. They are not following through on their environmental pledges, instead falling back on bolstering the bottom line, driven by profit margins, the market or private investors, he asserted. “The excuse is always the same. ‘Materials are too expensive.’ ‘We don’t have enough science,’” as well as the double-edged sword of greenwashing. And with a general retreat from ESG initiatives across many sectors, the impetus for new materials research is simply not there. “They don’t see the upside.” He added that he has seen cycles of big brands using a new material and hyping it up for a capsule collection, without establishing long-term commitments, production volumes, or true integration. If the collection isn’t a hit, they tend to abandon their efforts early. “Now we realize that we have to make product ourselves so we can deploy these materials, because the big companies, the big brands, the big fashion houses are not willing to take the risk or experiment,” he said. The Parley line will serve as proof of concept using materials PFM has invested in, as well as other materials. PFM’s first round of investments includes a handful of next-gen companies: Bananatex, Modern Synthesis, Nuvi, Sparxell and TômTex. Bananatex uses regenerative farming to produce a biodegradable and plastic-free fabric; Modern Synthesis produces a microbe-based lab-grown leather; Nuvi manufactures a leather alternative made from sustainably sourced plants and minerals, including algae and marble; Sparxell is a plastic-, titanium dioxide- and mica-free pigment made from cellulose, and TômTex uses crustacean shells diverted from landfill, as well as mushrooms, in its material products.“forced us to think at scale,” he said. That experience has given Gutsch the know-how to assess new materials’ production potential, as well as help guide the companies PFM is investing in. The collaboration with DSM will support Parley at several levels, including collaborating on material development, production, and distribution. Dover Street Market is one of the most important collaboration spaces for young designers, and Gutsch sees this model as an example of supporting young tech innovators too. It also has retail reach, and will feature the brand in its wholesale showroom. “An important aspect about Dover Street Market is that they are really at the crossroads” of designers, brands and vendors, Gutsch said. “When we do something with them, our hope is that we can influence or inspire others, that we can talk to and show to the whole community that things can be done differently. “They have really opened up their organization as a space for us where we can explore,” Gutsch added. He has also been quietly consulting with DSM on how to lower their own Scope 1 and 2 carbon footprint. Parley will make their learnings open source so that other brands can adopt the new materials using best practices, as well as cohost with DSM a series of talks with young designers and another for fashion executives to help people at all levels of the industry understand new materials.Overall, the industry has been trying to find things that behave exactly like what already exists and becoming frustrated when that fails. He encourages a rethin

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

wwd /  🏆 24. in US

PARLEY SUSTAINABLE MATERIALS FASHION INNOVATION INVESTMENT PLASTIC POLLUTION FASHION INDUSTRY DOVER STREET MARKET

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

DraftKings Launches New Parlay Boost Subscription Service in New YorkDraftKings Launches New Parlay Boost Subscription Service in New YorkDraftKings introduces a premium subscription service, DraftKings Sportsbook Plus, offering eligible customers in New York up to a 100% profit boost on winning parlays. The service aims to enhance fan experience and capitalize on the growing popularity of parlay betting.
Read more »

New Orleans City Council Launches Investigation into Bourbon Street Security After New Year's Day AttackNew Orleans City Council Launches Investigation into Bourbon Street Security After New Year's Day AttackFollowing a truck attack on Bourbon Street that killed one and injured dozens, the New Orleans City Council has launched its own investigation into the city's security measures. The attack occurred on New Year's Day when a driver rammed his F-150 truck around a police blockade and drove down the street. Bollards, designed to block vehicle traffic, had been removed from the entrance of Bourbon Street, and the replacement barriers are not designed to stop a fast-moving truck.
Read more »

DC Comics Launches Bold New Era with Relaunched Titles and Exciting New StoriesDC Comics Launches Bold New Era with Relaunched Titles and Exciting New StoriesDC Comics unveils a thrilling new chapter with relaunched titles, fresh takes on classic characters, and exciting new stories across its expansive universe.
Read more »

The New York Times Launches a New Word Puzzle: StrandsThe New York Times Launches a New Word Puzzle: StrandsThe New York Times introduces Strands, a daily word puzzle that blends classic word search elements with a unique twist. Players must decipher a grid of letters to uncover themed words and a special 'spangram' that reveals the overarching connection.
Read more »

Biden to Ban New Offshore Drilling in Atlantic and Pacific OceansBiden to Ban New Offshore Drilling in Atlantic and Pacific OceansDeparting President Joe Biden is expected to permanently ban new oil and gas drilling in large sections of the Atlantic and Pacific oceans, aiming to counter President-elect Donald Trump's energy independence goals. Biden intends to use a 1953 law provision to withdraw federal waters from future leasing, effectively halting further exploration for these energy resources. This move is seen as a victory for environmentalists who advocate for reducing greenhouse gas emissions, and it will solidify Biden's legacy on climate change. Trump, on the other hand, plans to reverse environmental regulations and promote fossil fuel production.
Read more »

Biden Bans New Offshore Oil Drilling Across Vast swaths of US OceansBiden Bans New Offshore Oil Drilling Across Vast swaths of US OceansPresident Biden issued a sweeping environmental decision to protect coastal communities, marine life, and the fishing industry from oil spills and pollution by banning new offshore oil and gas drilling across 625 million acres of U.S. waters.
Read more »



Render Time: 2025-02-15 07:03:26