WEBVTT 00:00:00.000 --> 00:00:03.586 Hi, I'm Lauren Taylor, and I'm joined today by Kristian Hansen, 00:00:03.586 --> 00:00:07.007 the Founder and CEO of slø, and Michelle Zhu, the Founder and 00:00:07.007 --> 00:00:07.674 CEO of Huue. 00:00:08.299 --> 00:00:10.885 And I'd love to hear a little bit more when we talk about customer 00:00:10.885 --> 00:00:11.845 centric sustainability. 00:00:12.220 --> 00:00:14.889 Michelle, how are you making Huue really meet your customers' 00:00:14.889 --> 00:00:15.181 needs? 00:00:15.974 --> 00:00:19.644 So our customers are of course the mills that are the ones that 00:00:19.644 --> 00:00:23.356 are actually integrating the dye product into the supply chain, 00:00:23.356 --> 00:00:27.193 into the fabrics, before it then gets turned into a pair of jeans 00:00:27.193 --> 00:00:29.320 and ultimately sold to the consumer. 00:00:29.320 --> 00:00:33.283 And for us a big thing in the early days was just all about 00:00:33.283 --> 00:00:37.078 how do we, when we were designing the product, how do we 00:00:37.078 --> 00:00:40.457 create it into a drop in solution so that our mill 00:00:40.457 --> 00:00:44.210 customers didn't have to bend over backwards in order to 00:00:44.210 --> 00:00:45.879 integrate our technology. 00:00:46.421 --> 00:00:50.425 And by creating something that they could just use in the exact 00:00:50.425 --> 00:00:54.095 same way that they use with a traditional indigo dye, for 00:00:54.095 --> 00:00:54.596 example. 00:00:54.929 --> 00:00:59.309 And because we are creating a bio identical, we're able to 00:00:59.309 --> 00:01:04.189 replicate the exact same shades, the exact same fabric specs that 00:01:04.189 --> 00:01:09.027 our customers know and love and that are able to serve their own 00:01:09.027 --> 00:01:09.778 customers. 00:01:10.487 --> 00:01:14.616 And so by doing that we've been able to create a solution that 00:01:14.616 --> 00:01:19.579 isn’t just sustainable in terms of you know lower carbon, lower 00:01:19.579 --> 00:01:23.208 toxicity footprint, but also doesn't compromise on the 00:01:23.208 --> 00:01:26.878 performance and the scalability that is really what our 00:01:26.878 --> 00:01:28.588 customers are looking for. 00:01:29.047 --> 00:01:29.756 That's awesome. 00:01:30.507 --> 00:01:33.259 And I know Kristian too, you've been talking about how do you 00:01:33.259 --> 00:01:36.054 actually drive that customer, need that end consumer to be so 00:01:36.054 --> 00:01:37.305 excited about your products. 00:01:38.181 --> 00:01:38.807 It's really simple. 00:01:38.807 --> 00:01:40.141 We just ask them what they want. 00:01:40.308 --> 00:01:43.394 And you know the core of it for us is just how do we make a 00:01:43.394 --> 00:01:46.314 product that people want and what is it that they want. 00:01:46.314 --> 00:01:47.524 They'll tell you the problem. 00:01:47.774 --> 00:01:50.443 And so the core of what we've really done and it's what 00:01:50.443 --> 00:01:53.488 allowed us to create this very personal product that ultimately 00:01:53.488 --> 00:01:56.032 becomes a very sustainable product because it's very 00:01:56.032 --> 00:01:56.574 purposeful. 00:01:57.033 --> 00:01:59.244 Everything that we do is based on, "tell us what you'd like us 00:01:59.244 --> 00:01:59.577 to make." 00:01:59.577 --> 00:02:02.455 It started with pockets for women's clothing and then it 00:02:02.455 --> 00:02:03.748 went into fit and sizing. 00:02:03.915 --> 00:02:06.960 And, you know, the running joke in our office is everybody hates 00:02:06.960 --> 00:02:07.585 buying pants. 00:02:07.919 --> 00:02:09.462 And you know, it's true. 00:02:09.462 --> 00:02:11.631 If I just walked around a room and ask people that question, 00:02:11.631 --> 00:02:12.590 "Do you enjoy buying pants?" 00:02:12.966 --> 00:02:15.260 You know, there's this fundamentally, you know, 00:02:15.260 --> 00:02:18.138 incorrect theory that's like, oh, you know, only people who 00:02:18.138 --> 00:02:20.098 wear plus sizes struggle buying clothes. 00:02:20.181 --> 00:02:22.433 Everyone struggles buying clothes because of the mass 00:02:22.433 --> 00:02:23.768 standardization of fast fashion. 00:02:23.768 --> 00:02:24.435 Everything is the same. 00:02:24.435 --> 00:02:27.147 Everyone's supposed to be the same ratio, etc., etc., etc. 00:02:27.188 --> 00:02:30.275 So for us really being customer centric starts with asking them, 00:02:30.275 --> 00:02:33.111 "What do you want us to make? What would you like?" and then 00:02:33.111 --> 00:02:35.738 asking for follow up data afterwards, "How did you like 00:02:35.738 --> 00:02:35.947 it?" 00:02:35.947 --> 00:02:38.658 Did we, you know, actually do what, you know you asked us to 00:02:38.658 --> 00:02:41.494 do, and that's how we build our brand is that feedback loop and 00:02:41.494 --> 00:02:43.955 that's the core of how we build a sustainable product. 00:02:44.497 --> 00:02:46.082 And I think you're seeing it play out, right? 00:02:46.082 --> 00:02:49.502 You're seeing that consumers are actually adopting the product 00:02:49.502 --> 00:02:53.006 for a value for the design and the style that they want without 00:02:53.006 --> 00:02:54.674 returns, from my understanding. 00:02:54.966 --> 00:02:57.760 Yeah, I mean, you know, our return rates are less than 5%. 00:02:57.844 --> 00:03:00.346 And you know, even within that, I think we'll continue to drive 00:03:00.346 --> 00:03:02.348 it lower and that just comes from personal sizing. 00:03:02.348 --> 00:03:04.684 You know, people build the product so they're getting the, 00:03:04.684 --> 00:03:06.436 you know, the style that they actually want. 00:03:06.436 --> 00:03:09.147 They're getting a fit that they actually want and they're 00:03:09.147 --> 00:03:12.066 getting an experience that is unique to the market currently. 00:03:12.233 --> 00:03:14.485 And so, yeah, people, you know, or they're coming back and 00:03:14.485 --> 00:03:16.946 they're buying a second pair and they're not returning ones that 00:03:16.946 --> 00:03:17.572 they already had. 00:03:17.572 --> 00:03:20.283 And so we cut down on massive amounts of waste and because 00:03:20.283 --> 00:03:23.119 we're not producing in large batches, you know, I make you a 00:03:23.119 --> 00:03:25.997 pair of jeans, I don't need to make a batch of a thousand and 00:03:25.997 --> 00:03:27.207 hope they sell in a store. 00:03:27.207 --> 00:03:29.375 And then, "Oh no, we've, you know, we're sitting on thousands 00:03:29.375 --> 00:03:31.461 of extra pairs of jeans," which happens to lots of the big 00:03:31.461 --> 00:03:31.669 brands. 00:03:31.961 --> 00:03:34.881 So for us being purposeful in that initiative is what allows 00:03:34.881 --> 00:03:37.675 us to do, you know, exactly that. That's great and I love 00:03:37.675 --> 00:03:39.969 the stories of customer centric sustainability. 00:03:39.969 --> 00:03:42.263 Thank you so much for joining me and sharing all the things 00:03:42.263 --> 00:03:43.056 you've accomplished. 00:03:43.556 --> 00:03:43.890 Thank you.