Pact Tag

The Fashion Pact, a voluntary Kering-backed climate and biodiversity initiative for fashion, revealed updates and has named a recent co-chair. As of Tuesday, Helena Helmersson, chief executive officer of H&M Group, joined as co-chair of The Fashion Pact. She succeeded The Fashion Pact’s cofounder and Kering’s chairman and chief executive officer François-Henri Pinault, after the completion of his three-year term mandate. Helmersson will serve alongside co-chair Paul Polman (reelected for one more three-year term) and Eva von Alvensleben, executive director and secretary general of The Fashion Pact, on the initiative’s steering committee. Pinault first announced The Fashion Pact alongside French President Emmanuel Macron on the Group of Seven summit hosted by France in Biarritz in August 2019. The Kering chairman will remain...