FCTRY LAb is a name you ought to become familiar with in the future. Founded by former Head of Yeezy-Adidas Innovation Lab Omar Bailey and former Wall Street & Private Equity Executive Abhishek Som, the company is is a BIPOC-led, LA-based footwear prototyping lab and venture studio aiming to democratize sneaker production and open-source innovation for emerging and established designers and brands of all sizes. The US-based studio helps brands avoid the risks and delays of overseas supply chains, thus shrinking product development time from 8-12 months to a short 1-3 months. Additionally, they're working to make technology accessible and providing equity in an industry where large sneaker corporations often make an overwhelming majority of profits off the creative power of minority designers, influencers and athletes.
FCTRY LAb also boasts the services of Satyan Gohil, who was previously a footwear prototyping and development veteran at Yeezy-adidas, and now Head of Innovation. Bailey himself has over 20 years of global product development and manufacturing practice as a design engineer. His other experiences include developing footwear for entertainers such as Jay-Z and Lady Gaga, athletes such as Karim Benzema and working alongside culturally-impactful brands like Supreme, New Balance, K-Swiss & Timberland.
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