eBay expands Circular Fashion Fund to start-ups, delivering $1.2 million investment by the end of 2025
eBay partners with British Fashion Council, Council of Fashion Designers of America, Fashion Council Germany and the Australian Fashion Council, to extend its impact across the globe
Since it launched in the
As part of eBay’s commitment to the circular economy, the global expansion of the CFF extends its reach to invest in businesses that bring new technology and services to the market and help people think and shop differently. eBay is transforming the buying and selling experience so that more brands, sellers and buyers can participate in circular fashion.
The CFF will provide a global investment of
Kirsty Keoghan, Global GM of Fashion at eBay, commented:
“The Circular Fashion Fund is a catalyst for collaboration by combining the global scale and power of established companies like eBay with the creativity and innovation of nimble start-ups. We’re not only helping to scale circular solutions but bringing together the most knowledgeable and respected experts in the industry. Together, we’re making a positive impact on the circular economy and truly reshaping the future of fashion.”
In the US, in partnership with the Council of Fashion Designers of America (CFDA), the Fund will launch for the first time in 2024. The winner in the US market will receive a
The winners will be chosen by a judging panel of industry experts across fashion, academia and sustainability. This panel includes:
- Brittany Sierra, Founder and CEO of the Sustainable Fashion Forum
- Henri Jaanimägi, Global Head of eBay Ventures & Strategic Partnerships
- Jacques Agbobly, Designer & Founder, Agbobly
- John Bartlett, Director, Parsons Fashion Executive & Professional Studies
- Kate Danielsen, eBay Fashion Category Manager
- Kirsty Keoghan, Global GM of Fashion at eBay,
- Margherita Maccapani Missoni, Founder & Designer, Maccapani
- Rachel Cernansky, Sustainability Editor, Vogue Business
- Shelly Xu, Founder, Shelly Xu Design
- Steven Kolb, CEO of CFDA
Previous winners include Swoperz, which hosts a child-run swapping service for clothing, and Dempstah, a design practice that recycles Australian textile waste into spun yarn in collaboration with a network of international and local textile mills.
Steven Kolb, CEO of CFDA Quote:
“eBay Circular Fashion Fund champions innovative solutions to sustainability in fashion and reflects CFDA’s passion for driving change and motivation to reduce fashion’s environmental impact. We wholeheartedly support eBay’s investment in innovation and education, and their leadership in driving the circular fashion agenda while championing the innovators who are catalysts for positive change.”
Vicky Fuller, co-founder of Swoperz and
“Winning the Circular Fashion Fund has been transformative for Swoperz. It enabled us to partner with new organisations and helped us bring sustainable fashion education to classrooms nationwide and host swap shops at 500 schools. Our book, ‘The Swoperz Fashion Show,’ has been read 653 times, sparking vital conversations about conscious consumption so we can make sustainable fashion a reality for children. We’re grateful to the CFF for amplifying our mission as we work towards a more sustainable fashion future.”
About eBay
eBay Inc. (Nasdaq: EBAY) is a global commerce leader that connects people and builds communities to create economic opportunity for all. Our technology empowers millions of buyers and sellers in more than 190 markets around the world, providing everyone the opportunity to grow and thrive. Founded in 1995 in
About the CFDA:
The Council of Fashion Designers of America, Inc. (CFDA) is a not-for-profit trade association founded in 1962 with a membership of more than 420 of America’s foremost womenswear, menswear, jewelry, and accessory designers. Pillars include Diversity, Equity, and Inclusion through the IMPACT initiative, as well as Sustainability in Fashion. The organization provides its Members with timely and relevant thought-leadership and business development support. Emerging designers and students are supported through professional development programming and numerous grant and scholarship opportunities. In addition to hosting the annual CFDA Fashion Awards, the organization owns the Fashion Calendar and is the organizer of the Official New York Fashion Week Schedule. The CFDA Foundation, Inc. is a separate, not-for-profit organized to mobilize the membership to raise funds for charitable causes and engage in civic initiatives.
About Swoperz:
Swoperz was founded by parents. As parents we know how much kids’ clothes cost, how fast they outgrow them and how often their style changes. We are also conscious of the global issues of dressing our kids in a sustainable way. We want our kids to be in control of their style but always with a conscience. So, we’ve created a safe, grownup verified environment where kids can swap their clothes without any worries about the planet or their online safety.
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