IOU project – connecting artisans & consumers
“I started IOU out of sheer frustration with the current fashion system which was a race to the bottom about producing cheaper and faster,” IOU founder Kavita Parmar tells us. “Where quality and authenticity were the first victims of keeping up with the latest short lived trend in this voracious cycle of consumption we were feeding into.”
Parmar, a designer, entrepreneur and global citizen, was born in India but has lived in the U.K., Hong Kong, Singapore, Canada, the U.S. and Spain, wanted to be involved in product development using traditional artisan skills. The IOU Project is more than mere fashion, but a social movement meant to promote responsible consumption by disrupting and transforming existing supply chains into prosperity chains. Parmar wanted to “decommoditize fashion and return the conversation back to Value instead of price.”
Madras is the perfect fabric to start that chain reaction. “There is over 1 billion or more dollars worth of Madras checks (named as such) sold in the market by major brands and none of it comes from the real madras weavers and most of it is not even made in India,” explains Parmar. To re-vindicate the Real Madras Weavers, Parmar chose a co-operative where there are over 250,000 families who have been weaving the traditional Madras checks by hand for over centuries and then layers transparency and traceability, to create an emotional link between consumer and creator.
“The IOU Project was born from the need to empower both the artisan and the consumer,” states Parmar. She goes on to remind us that fashion has always reflected the social issues of the times; from the corset-free silhouette of the 20’s flapper dresses to the mini skirt. And as consumers become more aware of the scarcity of resources and the environmental threats our planet faces, not to mention the social inequalities that exist, and are drawn to “products of not only high quality and long lasting aesthetic but products of lasting value with an authentic story, one that makes them feel good and resonates emotionally with their beliefs,”- IOU is there. The a modern, hip, easy-to wear sportswear line that’s traceable, transparent, authentic and unique. The collection of sporty separates for men and women includes unisex scarves, bags and espadrilles.