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A Vision for Ecologically Beneficial Apparel Manufacturing Source: Wool Mill Feasibility Study – www.fibershed.com
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Page 1: Wool millprezoshort

A Vision for Ecologically Beneficial Apparel Manufacturing

Source: Wool Mill Feasibility Study – www.fibershed.com

Page 2: Wool millprezoshort

Synthetic garment fibers are the greatest source of plastic pollution on the world’s beaches(NY Times, 2011)

Page 3: Wool millprezoshort

20% of global water pollution is

from textile dyeing and treatment

(World Bank, 2013

Page 4: Wool millprezoshort

Child labor and forced

labor still are problems in

the textile supply chain

Page 5: Wool millprezoshort

Consumers want local and domestic

0

100

200

300

400

500

600

700 Willingness to pay 25% or more price markup for local

Source: Iowa State University, Allan Ortiz 2010

In a NY Times Survey, 68% of respondents preferred products

made in the U.S. and were willing to pay

more!

Page 6: Wool millprezoshort

Re-shoring is already happening

How much it costs to make a hoodie. Representative wholesale costs, according to Bayard Winthrop, the founder of American Giant. Source: New York Times, September 19, 2013.

“LA’s Single brand can turn around 800 silk print dresses for Neiman Marcus and Lord & Taylor in as little as two weeks, now that 90% of its production is done at home with only a $1/dress price difference, with quality control and timing much better (Los Angeles Times, 2011).”

Page 7: Wool millprezoshort

Macro Market

Consumers

LOHAS

Brands

Total Addressable

market = $14.7 billion

$331 billion US Apparel Market

$290 billion LOHAS market

$36 billion in CA

textile/apparel market

$14.7 billion CA brands

textile market

Page 8: Wool millprezoshort

Culture of Sheepherding at Risk

Page 9: Wool millprezoshort

It’s time for a new model . . .

Sheep to Chic 100% Local

Page 10: Wool millprezoshort

CA Wool Inventory Quantity

Total inventory = 1.4 million lbs. of wool, 44.8% of total CA supply

Page 11: Wool millprezoshort

CA Wool Inventory Quality79% is fine enough to wear next to skin!

Page 12: Wool millprezoshort

Flock Size and Wool Quality

Page 13: Wool millprezoshort

CA Wool Inventory Color and Usability

Breeding needs to be optimized for fineness and color diversity!

Page 14: Wool millprezoshort

Recommended Products

4.5 oz. knit fabric, 60"

wide on bolt

8 oz. knit fabric, 60"

wide on bolt

12 oz. knit fabric, 60"

wide on bolt

4.5 oz. seamless garment

8 oz. seamless garment

20 oz. knit fabric, 60"

wide on bolt

Page 15: Wool millprezoshort

The Greasy Wool to Garment Process

Wool Aggregation

Cutting and

Sewing

Wool fabric milling

Page 16: Wool millprezoshort

The Equipment

Scouring

Combing

Spinning

Knitting

Page 17: Wool millprezoshort

Conceptual Design 85,000 square feet, 97% renewable energy, 100% water recycling

Facility

Page 18: Wool millprezoshort

Closed Loop Milling System

Page 19: Wool millprezoshort

Multi-Stakeholder Coop & DPOThe nonprofit

Fibershed

Ranchers (producers)

Designers and artisans

(consumers) The mill workers

Mission-aligned supporters (investors)

Page 20: Wool millprezoshort

Initial Funding

Start-up financing from foundations and impact investors

USDA grant funding

Co-op member equity contributions

Direct public offering (DPO) of preferred stock

Page 21: Wool millprezoshort

What are the next steps?

Prototype & Test Market Viability

Mill Business Plan

Design and Build Mill

Page 22: Wool millprezoshort

• Natural Fiber Cloth Development• Raw Fiber Sourcing• Integrated Marketing

Step 1: Market Viability