News: Watch Now - François-Henri Pinault on Balancing Profit with Purpose

Monday, December 13, 2021

Watch Now - François-Henri Pinault on Balancing Profit with Purpose

Dear Reader,

At the heart of today's fashion business is a conundrum — how can a business based on spectacular growth reduce its impact on the planet against a ticking clock? Sustainability is on everyone's lips. But can a business based on changing our clothes really change its ways?

The sixth and final episode of the first season poses the big question directly, yet in no expectation of an easy answer. As we saw from the first global lockdown, simply stopping shopping is not the solution. It plunged garment workers and artisans deeper into extreme poverty.

So what can we do? Imran's interview with François-Henri Pinault sees the Kering CEO offering honest — and heartfelt — responses about the struggle for shared solutions.

Responsibility: How can luxury balance profit with purpose?

Can a business based on changing our clothes change its ways?

WATCH EPISODE 6

To assess the challenges of the journey ahead, we must be able to measure how far we have to travel. Earlier this year, BoF launched its Sustainability Index, not to show up those not doing enough, but instead to point to where we have to go. An average score of just 36/100 across the industry's biggest companies highlights how tough the road ahead might be.

"The BoF Show with Imran Amed", an immersive video series streaming on Bloomberg Quicktake, started with Imran setting off on a journey to see if a $2.5 trillion dollar business can change for the better and for the good of us all. Thank you for travelling with us. Available for on-demand viewing here.