14
The World of Sustainable Fashion at your Fingertips

The World of Sustainable Fashion at your Fingertips · The market has gained momentum (2016-19)* and Covid-19 is accelerating the trend** +200% searches for sustainable fashion Since

  • Upload
    others

  • View
    3

  • Download
    0

Embed Size (px)

Citation preview

Page 1: The World of Sustainable Fashion at your Fingertips · The market has gained momentum (2016-19)* and Covid-19 is accelerating the trend** +200% searches for sustainable fashion Since

The World of Sustainable Fashion at your Fingertips

Page 2: The World of Sustainable Fashion at your Fingertips · The market has gained momentum (2016-19)* and Covid-19 is accelerating the trend** +200% searches for sustainable fashion Since

**BCG & Apparel Coalition April 2020

The Context

organic app downloadsOur MVP is already getting attention from userswith a social media following of 4.8k on Instagram only

1k +

With the Data we gather, we have closed, during Covid-19, one of the biggest textile manufacturers in the industry in EU

2-yearcontract

The market has gained momentum (2016-19)* and Covid-19 is accelerating the trend**

+200%searches for sustainable fashion

Since April 2020, we contacted partners (brand, multi-brand) and turned them into upfront paying clients

7/10turned to paying partners

Renoon was born in late 2019

*Fashion’s new musthave: sustainable sourcing at scale, McKinsey Apparel CPO Survey 2019

Recognized by Startupbootcamp worldwide, Female Founders, WSM White (the most important Milan Fashion Week event)

Top 10startup in FashionTech and Sustainability

Page 3: The World of Sustainable Fashion at your Fingertips · The market has gained momentum (2016-19)* and Covid-19 is accelerating the trend** +200% searches for sustainable fashion Since

The Problem

!3

Choice is limited in single online destinations

Time spent on searching across platforms is an important concern

No easy way exists to navigate across platforms and consumption methods

Validated through Online Questionnaires, In-Depth Interviews andFacebook Ads CTR 2.5%

Conscious consumers have

Page 4: The World of Sustainable Fashion at your Fingertips · The market has gained momentum (2016-19)* and Covid-19 is accelerating the trend** +200% searches for sustainable fashion Since

!4

Renoon is the search platform connecting conscious shoppers with the widest assortment of sustainable options worldwide

Brand Online RetailersSecond Hand

Rent

The Solution

Page 5: The World of Sustainable Fashion at your Fingertips · The market has gained momentum (2016-19)* and Covid-19 is accelerating the trend** +200% searches for sustainable fashion Since

!5

Today, 1% of global products are tagged as sustainable, with a x5 trend in the last 4 years. In the future 55% of companies aim to source at

least half of their products with sustainable materials by 2025.- Fashion’s new musthave: sustainable sourcing at scale, McKinsey

Apparel CPO Survey 2019

Sustainability is the growing trendBy 2023

The Market

Online Fashion Sales

€ 231 BTAM

Sustainability driven sales

€ 12 BSAM

GMV** potential

€ 579 MSOM

In selected markets: USA, IT, UK, NL, FR, BEL, DE, ES, CH*

5% of TAM

*Removing USA, the market is still attractive: TAM - 100B, SAM - 5B, SOM - 250M**Gross Merchandise Value

5% of SAMConservative assumption with a top-down

approach

Page 6: The World of Sustainable Fashion at your Fingertips · The market has gained momentum (2016-19)* and Covid-19 is accelerating the trend** +200% searches for sustainable fashion Since

!6

Proprietary Data Extraction

TechnologyPlatform

renoon.com

Market IntelligenceIN EXPLORATION

The Product

Page 7: The World of Sustainable Fashion at your Fingertips · The market has gained momentum (2016-19)* and Covid-19 is accelerating the trend** +200% searches for sustainable fashion Since

!7

Business Model

• Monthly fee (starting from €800)

• 5-20% commission on transaction

• Fixed monthly fees (€30-500)

Market Intelligence

Creating value from the same product data

30+ commission partnerships + 5 fixed monthly paying partners

1 Market Intelligence customer 2-year-contract(client’s turnover €150M+)

renoon.com

Page 8: The World of Sustainable Fashion at your Fingertips · The market has gained momentum (2016-19)* and Covid-19 is accelerating the trend** +200% searches for sustainable fashion Since

!8

SUSTAINABILITY FOCUS

PRODUCT LEVEL AGGREGATION

BRAND LEVEL AGGREGATION

CompetitorsWe are the first platform bringing together Sustainable Consumption Methods

Page 9: The World of Sustainable Fashion at your Fingertips · The market has gained momentum (2016-19)* and Covid-19 is accelerating the trend** +200% searches for sustainable fashion Since

LAUNCH

!9

Status and Roadmap#1 Platform

Used Worldwide to access Fashion in

Sustainable ways (New, Pre-Owned, Rent […])

• Launch in NL• Backend Ready to

Scale

• Reach 65k MAU• Reach 400+

affiliated partners• Launch in UK

• Launch in US• Aggregation of Rent

offering

SEPT. 2019

• Reached 30+ Partnerships

• Signed Market Intelligence Client for 2-year-contract

PROTOTYPE MVP GROWTH

MARCH 2020 2020 2021 2022

• Started user validation from prototype

• Backend development

• Website and app (iOS, Android) live

• POC for Market Intelligence Tool

Acceleration Programs

Page 10: The World of Sustainable Fashion at your Fingertips · The market has gained momentum (2016-19)* and Covid-19 is accelerating the trend** +200% searches for sustainable fashion Since

The Team

!10

Supported by 1 Data Scientist, 1 Sustainability Project Manger, 1 Marketing Intern, 1 Business Developer

NICOLO’ TRESOLDICo-Founder and

Technical Director

Finalist

H-FARM

GABRIELE TRAPANICo-Founder and

Operational Director

2nd prize winner

2019 Hack to Act

PIERO PUTTINIHead of Business

DevelopmentCo-Founder and

Managing Director

IRIS SKRAMI

featured

Leading the team in developing the best product in the market and

making it visible.Enabling a solid backend and

frontend infrastructure.

Establishing revenue-generating partnerships with brands, retailers

and platforms.

Ensuring the stability of data and B2B client delivery.

Page 11: The World of Sustainable Fashion at your Fingertips · The market has gained momentum (2016-19)* and Covid-19 is accelerating the trend** +200% searches for sustainable fashion Since

Mentors & Advisors

!11

M. LAURA ALBINI Ex-Head of CRM

ALLAN CHOUHead of Early Stage Tech

GIANNI LEONEEx CIO RAIDiCAL

GIUSY BETTONICEO and Founder Ex CMO

ANNAMARIA TARTAGLIA

Principal of Investment Team

ELISABETH VON LICHEM

Page 12: The World of Sustainable Fashion at your Fingertips · The market has gained momentum (2016-19)* and Covid-19 is accelerating the trend** +200% searches for sustainable fashion Since

Recognized by…

!12

Top10 FashionTech startup worldwide among 1,200+ others selected by Prada Group, Marzotto Group, Stone Island among the partners for 2020 cohort

Selected by a board of renowned experts in the Fashion and Design field for the Third Call of Funding, sponsored by COSME Europe 2020

Selected for Grow-F acceleration program 2020 in Vienna by the Pan-European Ecosystem for most promising Female Entrepreneurial Minds

Top10 startup in Sustainability awarded by WSM 2020 in Milan entirely dedicated to sustainable fashion

(Print)

As seen in

Page 13: The World of Sustainable Fashion at your Fingertips · The market has gained momentum (2016-19)* and Covid-19 is accelerating the trend** +200% searches for sustainable fashion Since

!13

€ 500k

Front-end development

Media & Marketing

230kLegal, G&A

Back-end development

We are looking for 18 months financing to launch in NL and UK

45k

40k

185k

• 850k Gross Merchandise Value• 65k Monthly Active Users• 75 new affiliate brands of which

23 with monthly fees

Pre-Seed Round

To achieve