Kind Bag to accelerate growth plans
Sustainable fashion accessory company Kind Bag is to accelerate its growth plans after securing new funding.
The east London business has been given a £250,000 loan from Triodos Bank UK to support its development.
Kind Bag creates bags made from 100% recycled plastic bottles, which are also 100% recyclable themselves. Products include backpacks, pouches, reusable bags and totes.
The business is aiming to become a leading accessory brand and will use the new financing to expand its team, invest in marketing and develop its range of bags through new product development.
In addition to selling through its own website, the company has listings with retailers such as Selfridges, Waterstones, Anthropologie and Kew Gardens. It also exports to over 25 countries worldwide with international accounts including Macys, David Jones and Bealls.
Founded by director and chief executive Maria Rodriguez, Kind Bag actively aims to support and collaborate with female artists. This has included working with illustrators Roeqiya Fris and Maggie Stephenson on two ranges of printed shopping bags.
Rodriguez said: “We are excited to grow the business even more and are eager to bring unique and stylish yet ethical and environmentally friendly accessories to a wider audience. We are pleased to be working with Triodos, a bank that fully understands our social and environmental mission. Good ethics is at the core of what we both do.”