Kering launches innovative luxury lab at Shanghai Fashion Week

Kering launches innovative luxury lab at Shanghai Fashion Week

Kering, the global luxury group, joined forces with Shanghai Fashion Week to hold an interactive “Innovative Luxury Lab” at Jade House in Xintiandi, Shanghai. For the first time, this workshop introduced the Environment Profit & Loss (EP&L) account to the Chinese fashion industry. Launched by Kering several years ago, the EP&L is a pioneering tool that values the environmental impacts of a business across its entire supply chain, and expresses these impacts in monetary terms. Providing the Group with a global and precise picture, the EP&L helps to make better decisions and support disruptive innovations, from the sourcing and production of raw materials right up to the boutique floor.