A founding partnership in a new vertically integrated manufacturing facility, built with Comfrt as its anchor, run by the team behind Skims, American Eagle, Calvin Klein and Tommy Hilfiger production. For Hudson Leogrande, from JJ Chen, Dougie Taylor & Kelvin Liu of Ohzehn Textiles.
Private & Confidential
That discipline is exactly why we want to build with you, not around you. So we're leading with a working partnership that costs nothing to start, proves itself on product, and leaves every bigger decision in your hands, on your timeline. And to say the quiet part plainly: this is not asking you to take on more China exposure. Owning the floor is control. The rented dependency is the exposure.
No blind pool, no fees, no surprises. One physical operation, one anchor brand, open books.
Every step gates on something you can hold, inspect, or audit. It starts with a sample, not a wire.
Capacity you can never run out of, and certification that turns Comfrt's mission into a claim printed on the tag.
Every step of that curve was earned against a rented supply chain: sellouts measured in months, capacity that arrives a season late, quality enforced by people who answer to someone else. The next leg, wholesale and major retail, demands QC systems, lab reports, and compliance paper that rented factories don't hand over. Demand was never the constraint. Supply is the last ceiling left.
Year 3 at the conservative end. 2026 is the number you've set.
Four factories in Fuzhou, manufacturing today for Skims, American Eagle, Calvin Klein and Tommy Hilfiger. Not aspirationally. Currently. The proposal on this table is a fifth facility, purpose-built and vertically integrated, with Comfrt as its founding anchor.
Concept render · The new facility's automated production floor
Raw material to certified finished garment without a single outsourced meter. The clean-dye step is the one almost nobody else in China can run. Follow the line, station by station.
Automation where machines win, skilled hands where people do. Larger output, leaner overhead, margins that flow to you.
Every order visible at every stage. Milestone updates arrive before you think to ask.
100% inspection and SGS-validated testing inside the building. Nothing ships on trust alone.
A dye process free of phenol and harmful azo chemistry, one of a small number of operations in China offering it at this certification level, independently certified skin-safe under OEKO-TEX Standard 100.
A hoodie design gets copied in a season. A proprietary clean-dye process inside a supply chain you'd own is far harder to copy, and far harder to take from you.
For a brand built for anxious minds, this is the mission made physical: provably gentle on the body, not just the mind. Not claimed. Certified.
Concept render · clean-dye and testing lab
Retail buyers demand QC systems, lab substantiation, and compliance certification before stocking a single unit. Rented factories don't hand those over. This facility makes them yours.
100% inspection under your standards, documented the way retail auditors expect.
SGS-validated reports same-week, not a scramble through a supplier's back office.
The certification stack majors demand at the door, held by the operation you anchor.
You've told the world where this goes: past Abercrombie, then Nike. This is the paperwork the giants already have, in the one version they can't rent. Owned.
We can be blunt about this one, because it's our own business: we already produce fabrics for Li & Fung. We make our margin, they add theirs, then they pass it to you. Their price starts at our floor. Go direct and that second margin comes off every product Comfrt makes, from the same looms.
A broker allocates capacity. An owner commits it.
Their logistics arm alone later sold for 2.5x what the whole company was worth at its 2020 privatization
Walmart and Kate Spade both went factory-direct, taking billions in orders with them. A broker is what a brand uses before it's big enough to go direct, and you passed that point two years ago.
What it structurally cannot do: own a floor, commit a line when demand spikes (a broker allocates, an owner commits), run a proprietary clean-dye process, or offer you ownership in anything. The middle is a margin, not an asset.
Li & Fung can't offer you ownership. We can. That's real buying power: pricing set at the floor where a broker's pricing starts, on every product Comfrt makes and every brand we bring into the facility together, now and in the future.
Four owned factories behind Skims, American Eagle, Calvin Klein and Tommy Hilfiger, a fifth built around Comfrt, dedicated capacity committed in writing, and the certified clean dye and lab that live in a building, not a network.
Figures from Li & Fung's own published annual results, supplier pages, and 2020 privatization filings. A broker is what a brand uses before it's big enough to go direct. You passed that point two years ago.
Comfrt already sells blankets. So the partnership starts where trust should: a pilot run through the clean-dye and lab process, certification printed on the tag, sample at our cost, real quote alongside it.
The blanket, or any product you'd most want proven. Tech pack or reference sample.
Clean-dyed, lab-tested, certified. Sampled at our cost, costed quote attached.
Feel, spec, certification, landed cost, side by side with today's supply.
If the pilot wins, the partnership starts. Everything after is optional and yours to time.
The premium exists because the anchor takes the earliest position, and no later investor is ever offered it. Board seat included. Your right to increase your stake at founding terms is written into the agreement.
Capital releases in milestones, and you can stop at any gate. Construction verified, lines commissioned, first runs delivered. Each tranche follows something you can inspect. Not $5M on faith. $5M in steps, each one earned.
Comfrt SKU priority on scheduling, contractual
Approval rights on competing-category tenants
On-site access + audit rights, anytime
Most-favored pricing, contractually fixed
Distribution policy set together, before ground breaks
What it owns / what it does
15% stake, board seat, founding-terms lock. Milestone-released with stop rights at every gate.
Majority position, and the operating team accountable to the board for delivery.
In active discussions. Milestone-gated like everything else.
Includes twelve months of operating runway, the ramp is funded before the first unit ships. The banking and government-supported financing is being closed now. Your milestone gates mean your capital doesn't move until that money does, so you're anchoring the build, not underwriting our fundraise.
Construction and fit-out. No revenue, stated plainly, funded fully.
Operational profitability: the factory covers its own costs.
Target capital payback, likely faster as Comfrt scales and new brands join.
Rollout milestones
Founding capital committed; construction and hiring begin.
Machines installed; first Comfrt production ramps.
Clean-dye lines and lab online; outside brands onboarding.
Multi-line operation at target output; distributions policy activates.
Working estimates, confirmed in the financial model shared at deal structuring. Capital deploys only as each phase is verified.
Margin on every Comfrt unit made in-house, at your most-favored price. You earn on your own orders.
Outside brands fill the lines between Comfrt runs. Every founder you know is a lead your stake gets paid on.
Brands pay a premium for the certified-safe dye almost no one else can run. Premium service, premium fee.
A per-unit inspection fee on every outside order the floor certifies. 100% inspection is rare in this industry, which is exactly why brands pay for it. Volume in, fees out.
Our in-house lab runs deeper panels than the big testing houses at a lower price, and it still earns a healthy fee on every report. Better test, better margin, and brands come back every season for compliance.
Full-package production for emerging brands that want the certified stack without building it.
Funds release only against verified build progress, never all upfront, with your right to stop at each gate.
No brand this operation ever serves is priced below Comfrt. Contractual, permanent.
Board representation, audit rights, on-site access, distribution policy agreed before ground breaks.
Contractual guarantees on production and timelines, insulated from pricing games and politics.
Increasing your stake at founding valuation is your reserved right. Later money pays more. You never do.
Entity structure, minority protections, and enforcement mechanics to your counsel before any commitment. We expect the scrutiny.
You gather founders. It's a mission thing, not a business thing, and we won't pretend otherwise. But it's worth saying once: a modern, automated, clean-dye floor with live order tracking is a rare thing to stand inside.
If the rooms you host ever want to see how the thing actually gets made, the door is open. And it'd be an operation you helped build.
This page is dessert, not the meal. The partnership stands whole without it.
A wellness brand with a vertically integrated, clean-dye, lab-backed supply chain. A story the press tells for you.
Every brand, test, and category run through the operation widens an advantage no competitor can rent.
The infrastructure that carries a brand from viral to permanent.
Blanket run through clean dye + lab. Sample at our cost, quote in hand.
Full financial model, build plan, certificates, entity structure, to your counsel.
Supply, pricing, and continuity terms signed. Comfrt's ceiling removed.
The founding stake, taken on proof. Your timeline, not a deadline.
For Hudson Leogrande · From JJ Chen, Dougie Taylor & Kelvin Liu, Ohzehn Textiles · Founding Partnership Proposal · Private & Confidential · OEKO-TEX certificate in appendix of the accompanying deck