Must Read: New Fund Aims to Combat Fashion’s Climate Impact, Lady Gaga’s Haus Labs Launches at Sephora


These are the stories making headlines in fashion on Thursday. 

A new fund aims to combat fashion’s climate impact
A new fund, with backing from brands such as H&M and Lululemon, aims to tackle fashion’s climate impact, reports Sarah Kent for Business of Fashion. Relying on $250 million in corporate and philanthropic donations, the fund is a blended finance strategy designed to “de-risk and scale solutions to decarbonise [sic] the industry.” Philanthropic funds will be allocated toward pursuing new innovations, while corporate donations will go toward scaling up “proven solutions,” notes Kent. {Business of Fashion}

Source link

Leave a Reply

Your email address will not be published.