HUGO BOSS INVESTS IN STRATEGIC PARTNERSHIP WITH SUSTAINABLE VENTURE CAPITAL FUND

HUGO BOSS further strengthens its commitment to a more sustainable future by becoming the first company to invest in Collateral Good Ventures Fashion I, a climate-first venture capital fund designed to accelerate sustainability in the fashion industry.

The Fund will use this contribution over a period of five years to subsidize several portfolio companies that are in the startup, early growth and potential stages and are developing innovative solutions and technologies in the sustainability field. This includes various areas along the entire value and supply chain, such as upcycling of raw materials, preventing microfibre releases as well as repair and care solutions.