Prada just signed a loan with interest rates tied to sustainable action
For the first time ever, a luxury brand has signed a loan that is linked to sustainability goals. That brand is Prada, and it has signed a £42.9 million loan with the banking group, Crédit Agricole, with repayment terms conditional on meeting key targets around the sustainability of its products Read More...
Animal rights groups have successfully persuaded Prada to ban fur
In a classic case of ‘better late than never’, luxury brand Prada has announced that it will finally ban the use of all fur in future fashion lines. The major fashion company joins a growing list of designers who have been successfully pressured by animal rights advocates to ban fur from their Read More...