Ralph Lauren will play an active role in developing Global Fashion Agenda’s thought leadership platform – including the Fashion CEO Agenda, the two entities said in a joint statement.
Global Fashion Agenda’s circle of hand-picked industry leaders also includes ASOS, Bestseller, H&M Group, Kering, Fung Group, Nike, PVH Corp, Sustainable Apparel Coalition and Target.
Ralph Lauren has been prioritising sustainability in fashion and its most recent innovative steps include developing Color on Demand, a platform that aims to transform how the fashion industry dyes cotton, introducing a circularity strategy and increasing transparency across social and environmental impacts.
Most recently, the company announced the integration of key ESG metrics into its executive remuneration and its ambitious goal to achieve net zero global greenhouse gas (GHG) emissions from its operations and its value chain by 2040.
Federica Marchionni, CEO, Global Fashion Agenda, said: “Ralph Lauren Corporation is devoted to improving its sustainability performance and advancing progress in the industry as a whole. I am thrilled to welcome it to our Strategic Partner group, which represents the diverse segments of the fashion industry – spanning luxury, lifestyle, e-commerce, high street and supply chain management. Through this partnership, I am confident that we can create even more impact in our pursuit of a prosperous industry for both planet and people.”
Patrice Louvet, president & CEO, Ralph Lauren Corporation, said: “At Ralph Lauren, we understand that creating a more sustainable and equitable world requires collective action and deep collaboration. As we focus on identifying breakthrough solutions that have the potential to be scaled across our industry, we look forward to working together with the Global Fashion Agenda and its partners to drive meaningful change.”
The partnership is effective from October 1, 2021.
Fibre2Fashion News Desk (KD)