Browsing tag

sustainable economy

‘Nature-Based Solutions’: Burberry Promises To Slash Emissions By 46% By 2030 & Be Climate Positive By 2040

3 Mins Read Luxury fashion house Burberry has pledged to become climate positive by 2040 and aims to do so by slashing its emissions across its extended supply chain by 46% by 2030, with the brand promising to invest in initiatives that support taking action on climate change. British-based Burberry announced its new commitment to becoming climate positive […]

Collective for Change: Vestiaire Collective Aims To Raise Funds For Circular Fashion Charity The OR Foundation

4 Mins Read Just in time for Earth Week, online resale fashion platform Vestiaire Collective has unveiled a new campaign dubbed ‘Collective for Change’ to raise awareness on the tremendous waste produced by the fashion industry, by raising funds for circular fashion charity The OR Foundation. Paris-based preloved fashion company Vestiaire Collective is urging all fashion activists to […]

Vestiaire Collective Becomes Unicorn After Kering & Tiger Global Back US$216M Round

4 Mins Read Vestiaire Collective, the Paris-headquartered global resale site for premium pre-owned fashion, has announced the closing of a €178 million (US$216 million) financing round, led by luxury group Kering and New York-based investment firm Tiger Global Management. The funding, which propels the startup to unicorn status, will be used to accelerate its global expansion plans amid […]

Vegan Arborist: New Online Platform Wants To Be “Apple Store” Of Sustainable Products

3 Mins Read Vegan Arborist is a new London-based online business and consumer platform dedicated exclusively to sustainable and plant-based products. Launched earlier this year in April, the platform matches impact investors with sustainable companies on the one hand, while ensuring consumers are able to access eco-friendly and vegan-friendly products and services.  Founded by John Creaton, a former […]

Unilever, H&M Among 150 Companies Worth US$2 Trillion Urging Net-Zero Pandemic Recovery

4 Mins Read In the biggest ever CEO-led climate advocacy effort backed by the United Nations, 155 multinational companies with a combined market capitalisation of over US$2.4 trillion have signed a joint statement urging world governments to align their recovery efforts with climate science. The companies are calling for policies that will build countries’ resilience against future shocks […]

Preloved Fashion Platform Vestiaire Collective Secures US$64 Million For Asia Expansion

3 Mins Read Amidst the global campaign Fashion Revolution Week, Paris-based resale fashion online platform Vestiaire Collective announced today that it has landed US$64 million in new funding. The latest injection of capital was financed by both existing shareholders and new investors including Korean tech company Naver-backed Korelya Capital and specialist female-led consumer fund Vaultier. Vestiaire Collective says […]