The Solutions Explorer lets you create alerts that match your needs. You can create several alerts and you will receive a notification each time a new Solar Impulse Efficient Solutions is labeled and matches your filters.
Your Search Alerts will show up here.
Sign in to create alerts for your filters and search terms.
Sign inDon't have an account?
Sign upReflaunt
A sustainable model of consumption allowing customers to resell, donate or recycle their past purchases
- Use Case
- /
- About Company
Reflaunt
A sustainable model of consumption allowing customers to resell, donate or recycle their past purchases
Label Date
April 26, 2021
By
Reflaunt
From
Singapore
Maturity stage
TRL 9 / CRI 2 - Commercial Trial Small Scale
With the emergence and acceleration of fast fashion, we have been buying more than ever before, yet treating clothes as disposable items. The average consumer today buys 60% more than 15 years ago but wears them for half as long. It is estimated that 33% of women wear items in their closets for as little as 5 times before disposing of them. The current system is broken. The fashion industry is the second most polluting in the world, yet we still overproduce. Despite the amount of resources utilized for clothing production, more than 70% of garments end up in landfills or incinerators. We have finite resources that we are feeding to an industry that goes from manufacturing to waste. We need a more sustainable model of consumption to avoid a global disaster. Reflaunt provides resell as a service to brands and retailers. Its disruptive circular model allows customers of retailers to resell, donate or recycle their past purchases in a click directly from retailers e-commerce site.
The Environmental Benefits
- •Second hand purchase saves on average 1kg of waste, 3040 litters of water and 22kg of CO2
- •Extending a garment’s life cycle by 2 years can reduce its water, carbon and waste footprint by 73%
The Financial Benefits
- •24x ROI
- •Store credit scheme with 70% top-up by customers on repurchase
- • Net payout between 65-97% of resale value per item
Target client profile
Tags
Applications
Benefits
Activity Region
- Headquarters
- Activity
Company Profile
Reflaunt
Reflaunt disruptive circular model, allows customers of retailers to resell, donate or recycle their past purchases.
Headquarters
81C Pasir Panjang Hill, Singapore 118889
Type
Company
Related Articles
Related Topics
Complementary solutions
Share
Contact the Solution Provider
Add to Favorites
The information set out above, is solely for the purposes of information and the Solar Impulse Foundation does not provide any guarantee as to its authenticity, completeness or accuracy. This information does not constitute investment advice or a recommendation to buy into, transact or to enter into any agreement with any of the parties or persons mentioned above. Potential investors or interested parties are solely responsible for their investment or business decisions and for performing any due diligence required by the circumstances. The innovator Reflaunt has asserted ownership of the intellectual property rights for images, videos, and content showcased above, affirming full and unrestricted usage rights, and has provided explicit permission for the Solar Impulse Foundation to publish such information designated as "public" in the application form.