5 mins lecture

China represents a crucial part of Kering’s sustainable development strategy

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From November 5 to 10, the third edition of the China International Import Exhibition (CIIE) will be held in Shanghai. Present in China for 40 years in order to meet the growing expectations of consumers in terms of luxury, the firm Kering places the Asian hyperpower at the heart of its ecological projects.

 

While in 2019 Kering was already participating in the first edition of the CIIE, the French luxury group would like to take advantage of the event this year to present its new vision of the luxury industry and its role to play in the sustainable economy. It is therefore on the increased responsibility of the company with regard to contemporary environmental issues that the focus should be from November 5 to 10, according to Mr. Palus. The deputy CEO of Kering also assured that the presence of the multinational at the CIIE would serve to highlight its signature, “Empowering Imagination”, structured around this renewed perception of luxury and the efforts made by the French giant in terms of biodiversity.

 

 

The CIIE therefore represents multiple advantages for the Kering group. On a purely marketing level, this meeting in Shanghai is an opportunity for the firm to exhibit its creations and its know-how, but also to build relationships with international players. Moreover, China would represent “a crucial part of Kering’s sustainable development strategy” according to Mr. Palus. During the first edition of the CIIE, the company granted its “K Generation Awards”, or “prizes to encourage sustainable innovation in the fashion and textile sector”.

 

 

In his written interview with Xinhua, Mr. Palus also recalled the various technological innovations pioneered by the Kering company. Because “modern luxury is not only exceptional craftsmanship and the highest quality materials” but also a certain “creativity and responsibility”, the firm has set a series of objectives aimed at a neutral impact – even positive – on the environment by 2025. Such an ambition presupposes the creation of a “Kering for nature” fund which would facilitate “the transition of the fashion and textile sector toward regenerative agriculture”, as well as “A series of projects to arouse awareness on environmental protection issues. ”

 

 

Among these projects, Kering’s “Biodiversity Lab” will highlight the various solutions provided by the group around the world in terms of biodiversity. In addition, the firm has signed a partnership with the group “The Explorers”, a platform established on an international scale to list the components of our ecosystems. Finally, Kering has developed a virtual pavilion on WeChat, the main Chinese social network, in order to give the public the opportunity to enjoy the content and visuals presented as part of these initiatives. The latter ultimately constitute the realization of the new ecological aspirations of the French giant, on the way to become an example in terms of sustainable development.

 

 

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Featured photo: © Logo Kering Together[/vc_column_text][/vc_column][/vc_row][vc_row njt-role=”not-logged-in”][vc_column][vc_column_text]

From November 5 to 10, the third edition of the China International Import Exhibition (CIIE) will be held in Shanghai. Present in China for 40 years in order to meet the growing expectations of consumers in terms of luxury, the firm Kering places the Asian hyperpower at the heart of its ecological projects.

 

While in 2019 Kering was already participating in the first edition of the CIIE, the French luxury group would like to take advantage of the event this year to present its new vision of the luxury industry and its role to play in the sustainable economy. It is therefore on the increased responsibility of the company with regard to contemporary environmental issues that the focus should be from November 5 to 10, according to Mr. Palus. The deputy CEO of Kering also assured that the presence of the multinational at the CIIE would serve to highlight its signature, “Empowering Imagination”, structured around this renewed perception of luxury and the efforts made by the French giant in terms of biodiversity.

 

 

The CIIE therefore represents multiple advantages for the Kering group. On a purely marketing level, this meeting in Shanghai is an opportunity for the firm to exhibit its creations and its know-how, but also to build relationships with international players. Moreover, China would represent “a crucial part of Kering’s sustainable development strategy” according to Mr. Palus. During the first edition of the CIIE, the company granted its “K Generation Awards”, or “prizes to encourage sustainable innovation in the fashion and textile sector”.

 

 

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From November 5 to 10, the third edition of the China International Import Exhibition (CIIE) will be held in Shanghai. Present in China for 40 years in order to meet the growing expectations of consumers in terms of luxury, the firm Kering places the Asian hyperpower at the heart of its ecological projects.

 

While in 2019 Kering was already participating in the first edition of the CIIE, the French luxury group would like to take advantage of the event this year to present its new vision of the luxury industry and its role to play in the sustainable economy. It is therefore on the increased responsibility of the company with regard to contemporary environmental issues that the focus should be from November 5 to 10, according to Mr. Palus. The deputy CEO of Kering also assured that the presence of the multinational at the CIIE would serve to highlight its signature, “Empowering Imagination”, structured around this renewed perception of luxury and the efforts made by the French giant in terms of biodiversity.

 

 

The CIIE therefore represents multiple advantages for the Kering group. On a purely marketing level, this meeting in Shanghai is an opportunity for the firm to exhibit its creations and its know-how, but also to build relationships with international players. Moreover, China would represent “a crucial part of Kering’s sustainable development strategy” according to Mr. Palus. During the first edition of the CIIE, the company granted its “K Generation Awards”, or “prizes to encourage sustainable innovation in the fashion and textile sector”.

 

 

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Thanks to its extensive knowledge of these sectors, the Luxus + editorial team deciphers for its readers the main economic and technological stakes in fashion, watchmaking, jewelry, gastronomy, perfumes and cosmetics, hotels, and prestigious real estate.

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