Fabric – is everywhere. It’s your clothing, the material on your chair, the inside of your car, the carpet under your feet. Yet $120B of unused fabric “deadstock” sits in warehouses collecting dust or getting burned or buried. This costs brands and retailers over $168B in operational, regulatory, and reputational harm. At that volume, waste is not just environmentally irresponsible, it’s a CFO matter. Queen of Raw solves the $288B in lost revenue while reducing waste, improving efficiency, and growing sales, and brand loyalty.
After leading the market with its front-end marketplace for textile resale, Queen of Raw built back-end software. Through the cloud, enterprise brands and retailers can participate in circular commerce profitably and at scale. Companies reuse, resell, recycle, and donate unused fabric with a click. And based on the actions taken, Queen of Raw’s proprietary software, Materia MX, measures the environmental and economic impact of leveraging blockchain and artificial intelligence.
Queen of Raw is a partner from the US, with the crucial role to support HEREWEAR with community and platform building. They aim to customize their engine for the EU, providing a regionally-based understanding of where the waste is coming from, a viable and locally-tailored solution to liquidate excess stock, and an understanding of relevant compliance and governance laws.
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