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? Responsibility: How can luxury balance profit with purpose? Can a business based on changing our clothes change its ways? 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. The Business of Fashion AGENDA-SETTING INTELLIGENCE, ANALYSIS AND ADVICE FOR THE GLOBAL FASHION COMMUNITY.
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Monday, December 13, 2021
Watch Now - François-Henri Pinault on Balancing Profit with Purpose
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