The Dibz, a textile waste management platform, deals with the leftover inventory that brands are unable to sell.
Clothes that aren’t currently on trend, aren’t appropriate for the season, or haven’t been manufactured fast enough to meet consumer demand are piling up in warehouses. The Dibz platform is useful in the field to combat such waste issues.
The Dibz platform typically integrates with Shopify to facilitate discounted sales of branded products, and it also works with brands to promote the sale of their inventory, which can include unsold or damaged goods.
“People will buy two pairs of pants, see which one fits better and then send back the other pair of pants,” Autumn Schultz, The Dibz Co-founder stated adding “So, you’ve got tonnes of these clothes that are perfectly good, and they just can’t make their way back out to the public.”
The Dibz’s Co-founders, Schultz and Brock Jones, say that while the company started out working with smaller brands, it has since expanded to include more well-known brands that use Shopify. Currently, its lineup of products ranges from independent clothing brands to recognisable labels like Thousand Fell and Steve Alan, among others.
The Dibz makes profit only when the brand sells and takes a cut from it and leverages the profitability. Due to discounts, the consumer base feels satisfied and constantly visits the platform for more deals.
While both Schultz and Jones were employed full-time by separate technology firms, they used their spare time to develop and launch The Dibz in September 2022.
As per Jones, the monthly sales grew 10x since the inception and are ready to continue to grow more in the next 12 to 24 months. The Dibz’s focus is to grow a bigger team and solve the problems of bigger brands.
