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KIABZA IS PROUD TO ANNOUNCE THAT RADIO CITY HAS AWARDED KIABZA AS EMERGING START UP OF THE DAY

Watch our Founder and CEO NoharNath in candid discussion with RJ @salilacharya on extending the life of branded fashion.


 

 

KIABZA HOPES TO BE A ONE-STOP SHOP FOR ALL KINDS OF FASHIONS

India’s online fashion market is set to grow four-fold to $30 billion (about Rs.2 lakh crore) by 2020. And, two of every three products sold would be branded apparels, says a study by The Boston Consulting group (bcg) and Facebook.Pre-owned fashion is expected to have a decent share of this pie. In the US , pre-owned wear startups have raised in excess of $230 million, and the figure is expected to rise.

“Even as developed countries embrace the concept, it’s even more relevant to a developing and booming economy such as ours,” explains Nohar N ath, co-founder & ceo, Kiabza, an online platform for buying and selling of branded pre-owned fashion. “High-end clothing is costly, and many users are tired of their products after a certain point.

The costly price tag prevents them from dumping it and it lies unused until dug out years later, far after it’s outlived its wearability. In an increasingly ambitious India, where young Indians don’t want to deprive themselves of the best in the world, is just the platform they have been waiting for.” Kiabza was launched by Kayman Ventures Pvt Ltd (kvpl) and is targeted at giving new life to clothes that often end up ignored and underused. N ath, who is part of the Mumbaibased Kishco group, conceived this idea 30 months back, but launched it only in May 2017.

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 KIABZA: THE FASHIONABLY SMART START-UP

Kiabza.com is a new venture of Nohar Nath, a graduate from the 1995 batch of JBIMS, and his son Abhishek Nath, an 18-year-old style enthusiast doing his undergraduate in USA. Nohar has spent the last 22 years working on the textile side of his family business, the illustrious KISHCO Group. Nohar has gradually shifted the groups focus to textile recycling and his vast knowledge and experience resulted in him being invited as a Guest Speaker at the World Recycling Conference in 2015 and 2017.

A new Start-Up on the Block, KIABZA.COM is an online platform for buying and selling Pre-owned branded clothing. It sources its products from individuals who are avid shoppers and love branded fashion. All they need to do as Sellers is to register on KIABZA and book a pick up free of cost.

Once procured, the products are bar coded then run through stringent quality checks and hygiene processes before being photographed and uploaded on KIABZA. This ensures that its buyers get the best branded clothing, as good as NEW. The clothes which fail the QC checks are donated to KIABZA's charity partners, VIDYA and Teach for India.

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TEXTILE RECYCLING IN INDIA – CLOSING THE LOOP, BUT CHALLENGES REMAIN

India has been traditionally involved in textile recycling with the garments being recycled for both domestic and international market. Old textiles are recycled in almost every household, especially with fabrics being converted to wipes, dusting cloths, kitchen towels and so on. Garments that are in good condition are usually handed down to younger children in the family or to the underprivileged. Again, textiles are collected by charities and NGO’s for distribution among the needy and in case of calamities, etc.

Textile recycling is a huge business in the nation and there are textile clusters and small scale industries that thrive on used clothing imports that are then converted into a range of products like recycling yarns, doormats, rugs, blankets, etc. The remaining pieces of cloth are used to create industrial wipes for the paints, chemicals and construction industries. Interestingly, post-customer textile scrap is also up cycled in some Indian clusters. Traditionally, fabric from old cotton, silk textiles such as sarees is used to create new products with unique design effects and other embellishments, which includes bedspreads, blankets, cushion covers, wraps, etc.

Mumbai-based Kishco Group is involved in all areas of textile recycling. It is involved in import and export business in this industry to serve various segments, and working with around 40 countries worldwide, the company specializes in the business of raw materials, yarns, fabrics, used clothing, , recycling and associated products such as blankets, carpets, towels, shoes, wipers from new generation and regenerated materials and so on.

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OUR CO-FOUNDER AND CEO, NOHAR NATH WAS INVITED TO ADDRESS THE MEMBERS ON TEXTILE RECYCLING AT THE WORLD RECYCLING CONFERENCE IN DUBAI IN MAY 2015.

In the late 1990s and early 2000s, labour cost advantages had triggered a ‘dramatic shift’ in used textiles sorting and grading from Europe and North America to Asia. However, wages had increased ‘drastically’ in many parts of Asia over recent years, ‘thereby putting a question mark over the future viability of this business’, stated the BIR textiles division’s guest speaker in Dubai. ‘Until about 20 years ago, Japan was the only Asian country involved in grading/sorting, but today this is done in large volumes in more than 15 countries,’ stated Nohar Nath, executive director of the Kishco Group in India. But having noted that China, South Korea, Taiwan, Pakistan and the UAE each boasted more than 50 grading/ sorting companies, he pointed out that labour costs had risen, typically, from US$ 2 per day to nearer US$ 10 during the last three or four years. Nath also identified high import duties, volatile freight costs and licence requirements among other barriers to the recycling of used clothing in Asia. In the case of India, he noted, no licences had been issued for 13 years because used clothing grading/sorting was perceived to be ‘a health hazard’.

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