Twin&Chic

A sustainable children's fashion firm, 100% organic and recyclable, with the purpose of taking care of the health of children and nature.

Investment conditions


Goal: 100,000 € - 156,250 €
Capital offered: 15.38 - 22.12 %
Minimum investment: 1,000 €
156,250 € FUNDED
156%
26 investors
102 followers
Project finished

PROJECT DESCRIPTION

Twin & Chic was born almost at the same time as the twins of its founder, Erika Gómez, as a result of her unsuccessful search to find products made from sustainable materials, respectful of the skin of children, nature and people who works throughout the value chain.

It was then when he created Twin & Chic, a slow children's fashion firm with a timeless, healthy, sustainable, organic, recyclable style and with a very clear purpose: to care for the future of our children.

 

Under the claim of the #futureisforourchildren, the three fundamental pillars that define the activity's roadmap come together, and which are the following Sustainable Development objectives:

  • Health and wellness (SDG 3)
  • Responsible consumption and production (SDG 12)
  • Climate action (SDG 13)

 

http://www.twinandchic.com
Seed <br>capital
Seed
capital
TaxBenefit
Investment with tax benefits
?
Having the company less than 3 years of life, the investment has tax benefits. More information on Proposal-Additional information
Sustainable Development Goals (ODS)
Health and social welfare
Responsible Production and Consumption
Acción por el Clima

Erika Gómez Villoslada
Fundadora y CEO

Erika has a degree in Business Administration and Management and a Master in Finance from the University of the Basque Country and the University of Bordeaux, and from the BBVA School of Finance. After more than 14 years in the field of finance and financial consulting at firms such as BBVA or KPMG, in 2017 he founded Twin & Chic. Subsequently, he studied at the ISEM Fashion Business School (University of Navarra) the PADEM program for managers in the fashion sector, and recently, the The Right Product program, on health, safety and traceability in the fashion industry, also at school business for fashion ISEM, from the University of Navarra. She is also a cooperative member of Impact Hub Donostia.

Rafael Moral Pareja
Co- fundador y CTO

Rafael is co-founder of Twin & Chic. Rafa is a Telecommunications Technician and Graduated in Multimedia from the Open University of Catalonia with a specialization in User Experience. With more than 7 years of experience as a Front End developer, he has worked on several projects that impact millions of monthly users, helping to improve products, improving SEO positioning, and implementing and optimizing SEM campaigns.

Xabier Urien
Socio y responsable de Comunicación y Branding

Xabier is founder and CEO of PIT Ideas (pit.cool). Until 2016, he was CEO of the Arista group, which was the largest independent advertising agency in Spain with more than 270 people. There he developed the agency locally and internationally, where he led the internationalization opening offices in Mexico D.F., Lima and Montevideo, in addition to developing, obtaining large accounts, the Miami office, where he resided to direct LATAM operations. With a Master in Business Administration (ESADE / DEUSTO) and another in Internationalization, he has also given multiple talks and been a teacher in different modules and seminars.

Nin Castle
Asesora en moda sostenible y moda circular

Nin has been an advisor to Twin & Chic in sustainable fashion and circular economy, since the brand's inception. She is co-founder of the prestigious start-up Reverse Resources, which works, among other clients, for H&M or the United Nations, and which has been awarded with various international awards in the field of innovation in sustainable fashion. She previously founded and managed her own sustainable women's fashion brand in England, The Good One, for 9 years. She is a professor of sustainability at the prestigious UAL Central St Martins school in London.

Luis Lara Arias
Asesor experto en retail

Luis Lara has worked for more than 20 years in the fashion sector, holding different managerial responsibilities at Marks & Spencer, Disney, Inditex (where he was International Director), or Pronovias (General Director of his retail division). Subsequently, he created his own consulting company, from which he has helped different retail and fashion companies in international development. He is KPMG External Advisor for Deal Advisory projects, and Everis Senior Advisor in his Retail practice. He is an associate professor at ISEM Fashion Business School. He is co-author of the book "Why some stores sell and others not in the digital age" (Editorial Libros de Cabecera, 2018).

PARTNERS AND ASSOCIATES

OTHER ADVISORS:

  • Javier Sardina: Graduate in Chemistry, PhD in Philosophy, postdoctoral degree in Chemistry at Berkeley. He is a professor of chemistry at the University of Santiago de Compostela, and a member of the INDITEX Social Council. He is also a co-founder of Mestrelab Research and Sigilum Knowledge Solutions. He is also an ISEM professor in his program "The Right Product".

PARTNERS AND ALLIES:

  • EASO VENTURES: First Basque private equity private equity fund, supporting Twin & Chic in this investment round.
  • BIC Gipuzkoa: Public incubator for innovative projects in Gipuzkoa. Twin & Chic participated in its acceleration program and receives continuous support from the entity.
  • UNIVERSIDAD DE NAVARRA: Outstanding partner of Twin & Chic regarding the development of differential attributes of the product in the field of health, and regarding clinical orientation in the field of dermatology and allergology.
  • ISEM FASHION BUSINESS SCHOOL: Twin & Chic belongs to its entrepreneurial club “The Hive” and has the advice of the ISEM team, its teachers and collaborators, as well as an exclusive mentor.
  • INTERNATIONAL SOCIAL ENTREPRENEURSHIP NETWORK IMPACT HUB: Twin & Chic is headquartered at Impact HUB Donosti, where it thrives on synergies around sustainable fashion from the local HUB itself and from global HUBs where numerous innovation projects are developed around in circular fashion.
  • START-UPS BERRI-UP ACCELERATOR: Twin & Chic was selected as a start-up for its acceleration program and receives ongoing support from the accelerator and mentors.
  • GK GREEN FASHION Cluster (Gipuzkoa Provincial Council ENVIRONMENT Department): Twin & Chic is part of this pioneering cluster in sustainable fashion to which the Department of the Environment provides support, advice and promotion.
  • Slow Fashion Next and 360Flab: Twin & Chic actively collaborates with both organizations that are experts in sustainable fashion.
http://www.twinandchic.com
Seed <br>capital
Seed
capital
TaxBenefit
Investment with tax benefits
?
Having the company less than 3 years of life, the investment has tax benefits. More information on Proposal-Additional information
Sustainable Development Goals (ODS)
Health and social welfare
Responsible Production and Consumption
Acción por el Clima

PROBLEM

- ENVIRONMENT: Fashion is one of the most polluting industries in the world, generating 20% ​​of wastewater, 10% of carbon emissions, 35% of microplastics released into the oceans, 24% of insecticides , and 70 million barrels of oil to produce polyester (Source: UN).

- LABOR RIGHTS: More than 50% of the people who work in the industry do not collect the minimum wage in their country (Source: SETEM). In addition to this, there are still countries where the workers are boys and girls. In the case of Delhi (India), where more than 8,000 children work in industry (Source: Save the Children).

- HEALTH: 43 million chemicals are used each year, some of which are toxic, such as arylamines, paraffins, nickel, formaldehyde, ... causing physiological risks, carcinogenesis, mutagenesis, allergies, etc. (Source: Greenpeace).

- TRANSPARENCY AND TRACEABILITY: Consumers affirm that it is important that the garments they buy be manufactured by workers who are paid fairly (39%), without negative impact on the environment (37%), in healthy conditions (31%), without damaging animals (30%) and locally produced (10%) (Source: Fashion Revolution European Customer Survey2018).

IMPACT MISSION

 

- CARE FOR THE HEALTH OF CHILDREN: Twin & Chic uses healthy and toxic-free tissues. These are natural fabrics that respect the skin of boys and girls, originating from certified organic agriculture.

- RESPECT FOR THE ENVIRONMENT: Twin & Chic promotes responsible consumption using exclusively recycled and compostable low environmental impact fibers, and researching the latest innovations in sustainable materials. The company respects biodiversity using materials from certified organic agriculture, or wool from certified sustainable livestock. In addition, they minimize the use of plastics throughout the value chain, optimizing their packaging in an increasingly sustainable way.

- LOCAL PRODUCTION: Twin & Chic carries out all its production in Spain, in sustainable workshops that ensure living wages, the preservation of the craft and textile traditions and the quality of the garments. In addition, production in proximity allows greater flexibility and response to the customer.

ODS INFORMATION

 

Twin & Chic's activity works on the following SDGs and goals:

  • SDG 3: Health and Well-being.
    • 3.9. "By 2030, substantially reduce the number of deaths and illnesses from dangerous chemicals and air, water and soil pollution."
  • SDG 12: Responsible consumption and production:
    • 12.4: Achieve the environmentally sound management of chemicals and all wastes throughout their life cycle, in accordance with agreed international frameworks, and significantly reduce their release to the atmosphere, water and soil in order to minimize its adverse effects on human health and the environment.
    • 12.5: Significantly reduce waste generation through prevention, reduction, recycling and reuse activities.
    • 12.8: Ensure that people around the world have the information and knowledge relevant to sustainable development and lifestyles in harmony with nature.
  • SDG 13: Climate action:
    • 13.3: Improve education, awareness in the mitigation of climate change.

IMPACT TARGET GROUP

The groups benefited by Twin & Chic products are the following:

  • The children, who see the health of their skin protected.
  • The workers in the Galician and Basque Country workshops, where the garments are manufactured.
  • The artisans, who see a centuries-old tradition revived such as hand embroidery.
  • Society in general, due to the lower negative impact of Twin & Chic's activity on the environment.

IMPACT INDICATORS

1) Water saving: 50% less water is used in organic cotton manufacturing than in conventional cotton manufacturing.

2) Toxic pesticide savings: With organic cotton cultivation, no pesticides are used, while conventional cotton cultivation requires, on average, 5 grams of pesticides per kilogram of cultivated cotton.

3) Saving of synthetic fertilizers: With organic cotton cultivation 95% less synthetic fertilizers are used than conventional cotton.

4) Hours of artisan work: Twin & Chic has a special collection of "premium" artisan products, for which they collaborate with groups of women artisans to promote local crafts and preserve the cultural value of these crafts.

5) Hours of work of local labor: Production in Spain in sustainable workshops and promotion of responsible consumption through communication actions of Twin & Chic values.

 

http://www.twinandchic.com
Seed <br>capital
Seed
capital
TaxBenefit
Investment with tax benefits
?
Having the company less than 3 years of life, the investment has tax benefits. More information on Proposal-Additional information
Sustainable Development Goals (ODS)
Health and social welfare
Responsible Production and Consumption
Acción por el Clima