The Work Index by Flexa

Otrium

Otrium is an online fashion outlet platform that offers discounted designer brands and aims to create a smarter and more sustainable fashion industry.

https://www.otrium.com/
4.8

/10

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Description

Otrium is an online fashion outlet marketplace based in Europe. They partner with fashion brands to offer discounted, end-of-season collections at up to 75% off. Otrium’s mission is to ensure all clothing produced is worn and to combat the issue of unsold clothing ending up in landfills. They believe in a more sustainable future for fashion and strive to create a positive impact through their business model. Otrium is committed to ethical practices and transparency, working with brands and suppliers who share their values.

Otrium provides several services to support their mission and brand partners. They have a Photo Studio that creates high-quality images for products, reducing the likelihood of returns. They also offer a Repair Service that refurbishes damaged returns to perfect condition, extending the life cycle of clothing. For items that cannot be repaired, Otrium has a Recycling Service and a Donations Program that repurposes these items while supporting charities and local communities. They also have a B2B Marketplace that connects brands with stock buyers to sell remaining inventory.

Flexibility

Otrium offers flexibility in its job postings, including options for remote work. The company actively seeks individuals who are passionate about fashion and committed to its mission of a more sustainable industry.

Mission

Otrium's mission is to ensure all clothing produced is worn, preventing unsold items from ending up in landfills. They aim to achieve this by partnering with fashion brands to offer their archive or older collections at discounted prices through an online platform. Otrium advocates for a circular fashion economy, promoting sustainable practices and working towards a future where waste is minimized, and clothing is given a second chance to be loved and worn.

Data-driven
Disruptor
Environmental impact driven
Social impact led
Sustainability
Tech for good

Culture

Otrium promotes a culture focused on sustainability and ethical impact within the fashion industry. They encourage their employees to be conscious of their choices and actions, prioritizing quality over quantity, and working towards a future where all clothing is worn. This commitment to a circular economy is reflected in their initiatives, such as their B2B marketplace, repair service, and donation programs. The company embraces a collaborative approach, encouraging partnerships with brands and charities to make a positive difference in the fashion world.

DE&I

Otrium emphasizes diversity, equity, and inclusion in its workforce and within the fashion industry as a whole. This commitment is reflected in their partnerships with conscious brands and initiatives that promote fair labor practices and safe working conditions in their supply chain. They also actively support charities that empower refugees and other marginalized communities. Furthermore, Otrium promotes inclusivity by featuring a wide range of sizes and styles in their product offerings, ensuring that their platform represents a diverse customer base.

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