H&M and Lululemon back fund to cut fashion supply chain’s carbon emissions
June 8, 2022
H&M Group and Lululemon Athletica are among a group of backers of a $250 million fund to cut carbon emissions in the fashion industry’s supply chain. The non-profit Apparel Impact Institute’s Fashion Climate Fund is also looking to raise $2 billion to scale solutions. “The urgency to address the climate issues has never been more acute. Early-stage innovations and new solutions play a critical role, but the impact does not happen before they can be scaled, and the industry starts adopting and implementing them,” said the H&M Foundation’s Christiane Dolva.
Recent News
Jimmy John’s Heats Up the Summer With New Spicy Menu
Jimmy John’s is turning up the heat this summer with the launch of three new limited-time offerings.
Bruce Nordstrom, Former Department Store Head, Dies at 90
Bruce Nordstrom, a retail executive who played a key role in transforming his family’s department store chain into a prestigious national brand, has passed away.
Woman Challenges Atlantic City Casino Over $1.2M Jackpot Dispute
In a contentious case emerging from Atlantic City, a New Jersey woman alleges that Bally’s Casino is refusing to honor her $1.2 million jackpot win, citing a slot machine malfunction.
Copper Prices Surpassing All-Time High
Copper prices have surged to a new record high, marking the latest milestone in a months-long rally fueled by financial investors anticipating imminent supply shortages.