The fund, Collab SOS, will invest in companies working to develop more sustainable materials, ingredients, energy and supply chains the Series A and B level.

Morton will continue to serve as the fashion e-commerce app’s executive chairman, but will hand over day-to-day leadership to current chief operating officer Emma McFerran in September.

The certifications and standards widely used to lend credibility to big brands’ sustainability claims are coming under fire, as environmental campaigners seek to influence new policy initiatives.

The German sportswear giant is deploying a new tool from the supply chain traceability-focused tech platform to help document its products’ sustainability credentials.

A group of 20 human rights, labour and fashion sustainability organisations are lobbying to extend the proposed legislation’s reach beyond greater disclosure.

Christophe Cuvillier will step into the role, following a vote last week to dismiss five board members associated with former majority owner Ruyi Group.

The Competition and Markets Authority has made fashion its first priority in efforts to tamp down on misleading sustainability marketing.

Coach said it had ceased the practice of destroying in-store returns of damaged and unsalable goods in an Instagram post, after a TikTok video showing slashed handbags went viral over the weekend.