Connect with us

Fashion

US brand Ralph Lauren reports 2025 sustainability progress

Published

on

US brand Ralph Lauren reports 2025 sustainability progress



Ralph Lauren Corporation (NYSE:RL) released its 2025 Global Citizenship & Sustainability Report, highlighting the Company’s meaningful progress on the commitments laid out within its Timeless by Design strategy. Grounded in Ralph Lauren’s Purpose, to inspire the dream of a better life through authenticity and timeless style, and a key enabler to its Next Great Chapter: Drive strategy announced in September, Timeless by Design captures Ralph Lauren’s work to support the partners, communities and natural resources on which it depends.

Key highlights from Fiscal Year 2025 (FY25) include:

Ralph Lauren Corporation’s 2025 Global Citizenship & Sustainability Report highlights major progress under its Timeless by Design strategy.
In FY25, 98 per cent of products met sustainable material standards, emissions fell 34 per cent from FY20, and initiatives expanded to include denim recycling, repair and vintage services, a fifth Cradle to Cradle Certified product, and the third US cancer centre.

  • Meeting at least one of the Company’s sustainable material criteria in 98% of units produced;
  • Introducing Ralph Lauren’s fifth Cradle to Cradle Certified product;
  • Launching a denim recycling program in North America, piloting a repair service and expanding the Ralph Lauren Vintage offering;
  • Achieving a 34% reduction in absolute emissions from the Company’s FY20 baseline;
  • Introducing the second Artist in Residence collaboration, featuring Diné (Navajo) artist Zefren-M; and
  • Opening the third cancer center in the United States, The Ralph Lauren Center for Cancer Prevention at USC Norris Comprehensive Cancer Center in Los Angeles.

“Guided by Ralph’s vision of timelessness, our citizenship and sustainability work is fundamentally about supporting the longevity of our business and the resilience of the people and resources that enable it,” said Katie Ioanilli, Chief Global Impact & Communications Officer, Ralph Lauren Corporation. “Over the last three years, we’ve sharpened our focus, deepened our partnerships and evolved how we work to further embed our approach and progress into our business and culture.”

The Company also shared that it will evolve its approach to climate as part of its ongoing commitment to decarbonization. Ralph Lauren will retire its 2040 net-zero goal in favor of setting rolling five-year GHG reduction milestones, with a near-term focus on its current SBTi-validated 2030 goal to reduce emissions by 30% from its FY20 baseline.

This approach is intended to deliver impactful results and drive accountability as Ralph Lauren works together with industry, government and other partners to advance infrastructure and innovation that will support decarbonization at scale. The Company will continue to follow a science-based methodology aligned with the Paris Agreement. It will also continue to support programs like the Future Supplier Initiative — a collective financing mechanism facilitated by The Fashion Pact in partnership with Apparel Impact Institute (Aii), Guidehouse and DBS Bank — to decrease the cost of capital to fund supplier decarbonization efforts.

“Ralph Lauren is setting progressive goals that keep the Company focused on science-based decarbonization methods while also accounting for the maturity of the wider ecosystem and regulatory environment,” said Lewis Perkins, President and CEO, Apparel Impact Institute. “Their investments in Aii are exactly the kind of measurable, on-the-ground efforts that drive meaningful decarbonization outcomes.”

The full FY25 Global Citizenship & Sustainability Report and Supplement are available on the Company’s website, featuring an enhanced reporting framework partially aligned with future regulations.

Ralph Lauren will share updates on its Calendar Year 2025 goals in early 2026. The Company will also detail the next chapter of its Timeless by Design strategy in early 2026, which will build on its work to operationalize key commitments throughout its business.

Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.

Fibre2Fashion News Desk (RM)



Source link

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Fashion

Cambodia & Canada discuss strengthening economic ties

Published

on

Cambodia & Canada discuss strengthening economic ties



Cambodian Prime Minister Hun Manet and Canadian ambassador to the country Christian DesRoches recently discussed strengthening economic ties, while advancing preparations for the 20th Francophonie Summit scheduled for November this year.

In the course of a meeting with Hun Manet at the Peace Palace in Phnom Penh, Ambassador DesRoches expressed appreciation for the long-standing diplomatic ties, highlighting the steady progress in bilateral relations, particularly in trade and Canadian investment in Cambodia.

The envoy underscored his country’s commitment to supporting Cambodia’s successful hosting of the 20th Francophonie Summit. He stressed Canada’s commitment to further strengthening and expanding cooperation between the two countries, especially in trade and economic relations, while also reaffirming support for Cambodia’s development priorities.

Cambodian PM Hun Manet and Canadian ambassador to the country Christian DesRoches recently discussed strengthening economic ties, while advancing preparations for the 20th Francophonie Summit scheduled for November.
The envoy stressed Canada’s commitment to further strengthening and expanding bilateral cooperation, especially in trade and economic ties, and reaffirmed support for development priorities.

He thanked Cambodia for its support in promoting Canada’s economic cooperation with the Association of Southeast Asian Nations (ASEAN) and advancing negotiations for the ASEAN-Canada Free Trade Agreement (ACFTA), expected to be concluded and signed soon, according to Cambodian media reports.

Fibre2Fashion News Desk (DS)



Source link

Continue Reading

Fashion

US CBP to soon launch electronic system for importers to claim refunds

Published

on

US CBP to soon launch electronic system for importers to claim refunds



US Customs and Border Protection (CBP) recently announced that it will launch an electronic system on April 20, enabling importers to submit and process tariff refund claims more efficiently.

CBP is developing the Consolidated Administration and Processing of Entries (CAPE) functionality within the Automated Commercial Environment (ACE) to streamline the submission and processing of valid refund requests for duties imposed under the International Emergency Economic Powers Act (IEEPA), as authorised by court order or applicable law.

US Customs and Border Protection will launch on April 20 an electronic system that importers can use to claim tariff refunds authorised by court order or applicable law.
Phase 1 will be limited to certain unliquidated entries and certain entries within 80 days of liquidation.
Refunds will be issued within 60-90 days of the Consolidated Administration and Processing of Entries declaration getting accepted.

Phase 1 will be limited to certain unliquidated entries and certain entries within 80 days of liquidation.

CAPE is designed to consolidate refunds of IEEPA duties including interest rather than processing refunds on an entry-by-entry basis.

CBP plans to implement CAPE through a phased development approach, adding more functionality in subsequent phases for more complicated scenarios, it said in a release.

Valid IEEPA refunds will generally be issued within 60-90 days following acceptance of the CAPE declaration, unless a compliance concern requires further CBP review.

However, certain scenarios, such as entries that are extended, suspended or under review, and warehouse entries, will maintain their liquidation status with validated refunds issued at liquidation.

Fibre2Fashion News Desk (DS)



Source link

Continue Reading

Fashion

US’ Gap & FIT launch programme to mentor fashion students

Published

on

US’ Gap & FIT launch programme to mentor fashion students



At the FIT Annual Gala on April 14, Gap Inc. President & CEO Richard Dickson (NYSE: GAP) announced the launch of The Doris Fisher Creators Program, a new mentorship initiative developed in partnership with Gap Inc. and the Fashion Institute of Technology (FIT).

Named in honor of Gap Inc. co-founder Doris Fisher, the program reflects her legacy of creativity, curiosity, and belief in people. It also builds on Gap Inc.’s commitment to helping bridge the opportunity gap by creating stronger connections between education and careers in the fashion industry.

Gap Inc., led by Richard Dickson, has launched The Doris Fisher Creators Program with the Fashion Institute of Technology to mentor students in fashion careers.
Starting Fall 2026, the programme will offer structured mentorship, industry exposure, and networking for select students, honouring Doris Fisher and strengthening pathways from education to careers.

“Gap Inc. is a house of iconic American brands guided by our purpose — to bridge gaps to create a better world. That includes bridging the opportunity gap. FIT embodies that same spirit, bringing education and industry together to unlock talent and expand what’s possible. We’re committed to opening doors, investing in emerging creatives, and building meaningful pathways into this industry for the next generation,” said Dickson.  

The Doris Fisher Creators Program will connect FIT students with Gap Inc. leaders and creatives through a structured mentorship experience designed to provide exposure to the business of fashion, industry insights, and meaningful professional connection. 

The program will launch in Fall 2026 and run through the academic year, and the inaugural cohort will include students from select disciplines, including Fashion Design, Graphic Design (Apparel), and Fabric Styling.

“Supporting emerging talent is a core expression of Gap Inc.’s purpose in action. Through initiatives such as The Doris Fisher Creators Program — alongside This Way ONward, the Rotational Management Program, and our broader internship and mentorship efforts — the company continues to bridge the opportunity gap for young people looking to start meaningful careers in fashion and retail,” added Amy Thompson, Chief People Officer at Gap Inc.   

“We are incredibly proud to be the first public college to partner with Gap Inc. on this groundbreaking mentorship program. This remarkable opportunity with one of the world’s most iconic brands will support 30 talented FIT students over the next year, placing them at the intersection of innovation and impact,” said Jason S. Schupbach, president of FIT.

A benefit for the FIT Foundation, this year’s FIT Annual Gala honored Gap Inc. President & CEO Richard Dickson and was attended by distinguished guests and alumni including Ciara, Aloe Blacc, Zac Posen, Bob Fisher and others. 

The FIT Foundation provided scholarships totaling more than $3 million in 2025.

Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.

Fibre2Fashion News Desk (RM)



Source link

Continue Reading

Trending