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Fashion is the second most polluting industry on the planet, trumped only by the oil and gas industry! Despite technological advances elsewhere, garment production remains basically the same as 50 years ago with 100% of garments still made by hand.
The current system is completely dependent on cheap, manual labor and relies heavily on the exploitation of vulnerable individuals in some of the world's poorest regions. Fashion is produced months in advance in far-away countries, shipped around the globe, before it ultimately is disposed without ever being worn.
This leads to problems on the triple bottom line: Economical, Ecological and Social
of all clothes are sold at reduced rates or never sold at all (30%). This immense loss of value stems from incorrect trend and quantity prediction due to long lead times lead. Faster, local producers struggle with high (raising) wages, overaged workforce and an immense shortage of skilled workers.
of the global CO2-emissions stem from the fashion industry while 30% of all garments produced are never sold at all. After a journey around half of the globe, they end up polluting our lands or incinerated.
of garment workers are not paid a living wage and most are subjected to unsafe working conditions. Intransparent and complex supply chains conceal child labour, inhumane working conditions and exploitation.
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Michael excels in all financial and business matters.
Education:
- SIMC @WU Vienna & Queen’s University Kingston
Background:
- Investment Management Lenzing @B&C
- E-Performance Management @Porsche
- Business Development @ÖBB
Anton is the technological mastermind behind silana.
Education:
- System Engineering @MIT Boston
- Data Science @TU Vienna
Background:
- Research Scientist @TU Vienna
- Data Science @Deutsche Bank
- Hardware Engineering @ Siemens
Michael brings years of technical and business expertise in the fashion industry.
Education:
- Product Development @FIT NYC
- Business & IP Law @WU Vienna
Background:
- Executive Assistance @Fussl Modestraße (€250M fashion retailer)
- Textile Engineer @various factories
- IP Law @DLA Piper
Privacy policy & imprint:
Silana GmbH
Neustiftgasse 78/23
1070 Wien
E-Mail: info@wearesilana.com
FN 583087 g
UID-Nr: ATU78346309
Company register court: Vienna
Disclosure in acc. with Sec 25 Para. 2 Media Act:silana GmbH is the media owner.The business purpose is to develop and (in the future) sell a fully automated sewing robot as well as to carry out the required ancillary activities
