Date Posted: Friday 21st May 2021
YOOX NET-A-PORTER GROUP has announced its commitment to HRH The Prince of Wales’ Terra Carta, as the first luxury fashion retailer to join the Sustainable Markets Initiative. The Group’s pledge to Terra Carta, a call-to-action charter for businesses launched in January 2021 that puts nature, people and planet at the heart of global value creation, supports YOOX NET-A-PORTER’s ambitions to drive a more sustainable and circular luxury and fashion industry, through its recently published sustainability strategy to 2030, “Infinity”.
As part of the Sustainable Markets Initiative, YOOX NET-A-PORTER joins an influential group of global companies as supporters of a shared commitment to collaborate and exchange knowledge across industries, harnessing the transformative power and innovation of the private sector to accelerate the world’s transition to a more responsible future.
YOOX NET-A-PORTER’s commitment to the Terra Carta is an evolution of the existing partnership with The Prince’s Foundation, of which HRH is President. Most recently, The Prince’s Foundation and YOOX NET-A-PORTER collaborated on The Modern Artisan, a unique project designed to equip trainee artisans with the skills and confidence needed to produce luxury apparel collections with sustainability at the heart and finished to the highest standards.
His Royal Highness The Prince of Wales commented: "I’m delighted that YOOX NET-A-PORTER will be supporting the Terra Carta. The fashion industry has a vital role to play in our transition towards a sustainable future. I can only encourage more to join our coalition of the willing."
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