METZINGEN - Hugo Boss has linked up with Zürich-based venture capital platform Collateral Good to launch a €100 million ($108m) fund to accelerate the sustainable transformation of the textile and fashion industry.
The fashion brand is to put up about 10% of the target of the 'Collateral Good Ventures Fashion I' fund which will subsidise new companies in the startup, early growth and potential stages which are developing innovative solutions and technologies.