Greenloop, a smart clothing collection solution company, and Slok, an AI-based Korean consumer goods O2O global platform company, have signed a business agreement to promote clothing resource recycling and establish a global cooperation model.
This agreement aims to expand a sustainable resource circulation structure through the efficient management of domestically collected clothing resources and global distribution links. Through this agreement, the two companies plan to gradually promote IoT-based smart clothing collection data integration, jointly plan a global distribution and utilization model for collected clothing, and collaborate on domestic and international ESG and sustainability projects.
The two parties will select Paris, France as a demonstration base and install Green Roof's smart clothing collection boxes near the global startup campus STATION F and major areas in Paris to verify technology verification and a data-based collaboration model.
France is recognized as a country that has been promoting resource circulation policies by adopting a producer responsibility (ER) system in the clothing and textile sector relatively early. As a hub for the global fashion industry, Paris is attracting attention as an environment where smart clothing collection solutions can be tested and their potential for global expansion can be explored simultaneously.
Green Loop is digitizing the clothing collection, sorting, and compensation process through smart clothing collection boxes and a data-driven operating system leveraging IoT technology. Slok operates a cross-border e-commerce brokerage platform that leverages local data and AI algorithms to support the overseas distribution of Korean consumer goods.
With this agreement, the two companies plan to gradually expand the scope of their cooperation in the fields of domestic and international resource recycling and sustainable fashion, and to develop a concrete global business model based on the results of their demonstrations.
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