Bleu Capital - Announcing Our Investment in Tekyn
Summary
Tekyn is the first on-demand textile production platform for brands, taking on the multi-billion dollar fashion waste problem. Under the current paradigm, long production lead times push retailers to make buys months in advance. Large orders with quantity minimums have historically generated massive waste and pushed brands to heavily rely on discounting. To do so, the company offers a turn-key solution to help apparel manufacturers streamline the ordering and kitting process, to enable production lead times of less than a week. With an on-demand system, brands can link their production buys to sell-out data, thus optimizing working capital and reducing overall waste.
Classifications
industries
No industries detected
applications
No applications detected
AskAI Classifications
Labels
No AI classifications detected