The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
The fund, Collab SOS, will invest in companies working to develop more sustainable materials, ingredients, energy and supply chains at the Series A and B level. McCartney announced the initiative on her brand’s Instagram Saturday.
Existing investments include mushroom-based leather alternative manufacturer, Bolt Threads, and AligKnit, a company making yarn from kelp.
The move comes amid growing investment interest in materials and technologies that could reduce the fashion industry’s environmental impact.
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Why Big Brands Are Investing in Sustainability Startups
Companies including Ralph Lauren, Lululemon, H&M Group, Kering and Chanel have poured money into innovations that could reduce the industry’s environmental impact.
Generative AI holds vast potential when it comes to streamlining HR tasks and eliminating manual work, but there are mounting worries about its tendency to magnify racial and gender biases.
The US mega-chain is continuing to build out its assortment of prestige beauty brands and services.
With advice from Kris Jenner, the artist debuts his new makeup line, Ortega.
Serre, who grew sales by 20 percent in 2023, has been named Pitti Uomo’s next guest designer. She’s using the opportunity to show her men’s collection for the first time.