Source: Kering
Summary
Kering was recognized as the industry leader in the “textile, apparel and luxury goods” sector in the S&P Global Corporate Sustainability Assessment. The company received the highest score in the assessment. This recognition acknowledges Kering’s commitment to sustainability.
Our Reading
The trend returns with a new name. Sustainability is the new luxury. Kering’s recognition is a reminder that the industry’s focus on eco-friendliness is not new, but the marketing is. The luxury sector’s shift towards sustainability is a rebranding of existing practices. It’s a cycle of renewal, where old ideas are repackaged as new.
Author: Evan Null
