Lakme Fashion Week to launch 'Circular Changemakers'
Lakme Fashion Week (LFW) will be introducing 'Circular Changemakers' programme during the next edition scheduled to be held later this year in Mumbai.
With the programme, LFW aims to empower sustainability enterprises in the fashion industry. It had collaborated with R Elan's 'Fashion for Earth', and UN Environment to launch the Circular Design Challenge (CDC) last year.
Commenting on the initiative, Jaspreet Chandok, vice president and head of fashion at IMG Reliance in a statement said: "This programme will focus on strategic investments for value chain start-ups, while CDC remains as a jury-based cash award for entrepreneurs in fashion. There is an untapped opportunity to provide circular fashion enterprises with scaling support in the form of strategic collaborations and investments."
Vikas Bali, CEO of Intellecap, added, “This is a critical stepping-stone to close gaps in the current ecosystem and create visibility for change-making circular fashion start-ups.”
'Circular Changemakers' programme will accept applications till June 30 from start-ups across the country, offering scalable, post-prototype and revenue-generating solutions.
The shortlisted enterprises will be given an opportunity to pitch their business model to investors on August 22 which will be celebrated as Sustainable Fashion Day at LFW's August 22, the Sustainable Fashion Day at LFW's Winter/Festive 2019 edition.
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