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New fund helps apparel industry to invest beyond sustainability

Related Keywords: apparel, C&A Foundation, fabrics, footwear, innovation, manufacturer, mill, supply chain, sustainability, technology, Textile

Innovation hubs Fashion for Good and The Mills Fabrica have teamed up with the C&A Foundation to launch an investment fund that will aim to “spearhead systemic change in the apparel and footwear supply chain”.

The Good Fashion Fund has launched with initial funding of $13 million, but has a target of quickly attracting new investors and raising the size of the fund to $60 million . It will be managed by specialist Amsterdam-based investment firm Fount.

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