by, Claire on, Jun 28, 2018 Business Opportunities.
Many of us are stuck for business ideas, we also underestimate the value of starting somewhere and how this can lead to other business opportunities that have derived from a simple concept or idea.
We all have a wardrobe full of clothes and many of them, after being worn over and over for a month of two, lose their appeal and end up being hung in the wardrobe or worse, folded up working their way to the bottom of the pile. We may get them out from time to time but its unlikely these days that any of our Clothes unless designer ever get worn for years and years. The reason for this is the general culture of fast clothes, an art of snapping up a high street fashion look at a very cheap price. Whilst these clothes are well worn as far as we are concerned, ultimately they quickly fall out of fashion and we are on the hunt for the next Fashion look online.
Many high street chains including John Lewis are already inviting the return of old clothes in exchange for vouchers, once you have a bag worth of £50 the store will send a courier to collect the items and value them and provide a voucher equivalent to their value. There are other stores doing a similar thing such as H & M, Zara and M&S but John Lewis seems to offer the least problematic and simple way of returning old clothes and they will take anything up to five years old.
We also underestimate the benefit of selling old Clothes online such as Ebay, although this business idea may seem to have been around for a while, its seeing a renewed interest as more people are looking for cheaper, nearly new Clothes.
An American Company Evrnu takes old Clothes and creates completely new Yarn for new Clothes. The Company and the concept is still developing ideas and is really working towards the concept of using unwanted Clothes and completely recycling them into new Yarn. At present we are struggling with the mountain of unwanted Clothes we are producing and we fail to appreciate the effort that goes into sorting through the clothes and shipping them off to where they will be most useful. Many Charity shops are struggling as more high street brands take on the new concept of accepting unwanted Clothes, donations have fallen but in fact Charities such as Oxfam manage to recycle nearly all unwanted clothes donations.
The majority of Clothing donated to Oxfam goes to different countries such as Frip Ethique and Senegal where they are sold by market traders, this also provides jobs for 40 local Men. Other donations, around 10% is sold to recycling units where they are used as rags for Industrial use. Whilst this works for now there is a worry this will be detrimental to local economies in these Countries as many of their markets are flooded with second hand clothes, effecting the local markets considerably.
The aim for used and unwanted clothes is to find a way to stop throwing them away or even better, using materials that can easily be recycled because whichever way you look at it, we are getting swamped with unwanted Clothes and we are soon going to have nowhere to put them. There are a few companies such as Evrnu that are forward thinking and looking into the real possibility of recycling and this could be the next business idea that will change the way we view Clothes including what we throw away.
by, Claire - on, Nov 30, -0001