New Fashion Pact co-chair, but Hermès walks away
The chief executive of retail group H&M, Helena Helmersson, is the new co-chair of the Fashion Pact.
Thirty-two luxury, fashion and textile companies launched the Fashion Pact in 2019, signing a commitment to protect climate, biodiversity and the oceans of the world. Ms Helmersson replaces the chief executive of luxury group Kering, François-Henri Pinault. Former chief executive of Unilever Paul Polman is the Fashion Pact’s other co-chair.