Kering Sets Goal to Decouple Growth From Climate Impact - The Business of Fashion

Kering Sets Goal to Decouple Growth From Climate Impact | BoF

The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.

Resolving the fundamental tension between what is good for revenue growth and what is good for the environment is the biggest challenge to fashion’s sustainability efforts.

At the UN’s COP27 summit, fashion’s chances of achieving lofty climate targets still rest on ‘a leap of faith,’ with the industry just starting to lay the basic foundations required to deliver.

The industry has yet to solve the trade-off that selling more clothes, bags and shoes fundamentally requires more resources.

While most brands have banned fur, animal welfare is rarely discussed when it comes to more mainstream and lucrative fabrics like leather.

After swinging to an operating loss of $41 million in 2021, the buzzy fashion startup has stabilised and remains focused on its ambition to build a materials science business.

Clothes have become more like memes than physical goods, moments to take part in online, with catastrophic consequences for the environment, writes Alec Leach.

The Oscar-nominated actress spoke with BoF about how her re-worn and reworked awards show looks push back against the churn of the modern fashion industry.