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Good Fashion Fund Drives Sustainable Fashion in Asia

 

Good Fashion Fund, a sister company of Fashion For Good, is a collaboration between Laudes Foundation, The Mills Fabrica, and FOUNT. It provides long-term USD loans, technical expertise, and environmental and social support to manufacturers in Asia, primarily India and Bangladesh.

Good Fashion Fund invests in impactful equipment that fosters economic growth and promotes sustainable fashion practices. The fund has recently partnered with Sri Kannapiran Mills Limited (SKML), a leading Indian producer of cotton yarn and sustainable denim fabrics. Through a 2.5 million US dollar investment, they will support SKML in replacing and expanding key sustainable equipment across three of their factories. This partnership will enable SKML to meet manufacturing demands, scale its sustainability approach, and enhance its competitiveness in the global supply chain.

This collaboration exemplifies Good Fashion Fund's commitment to addressing sustainability challenges in the industry. Good Fashion Fund is proud to support SKML as they pioneer sustainable practices in denim manufacturing.

 

 
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