PARIS — The nonprofit H&M Foundation has named the five winners of the second edition of its Global Change Award, which rewards technology concepts that make the fashion industry more sustainable.It is asking the public to vote online between today and April 2 to determine how its grant of 1 million euros, or $1.09 million at current exchange, should be allocated between the winning projects. The voting result and the people behind the innovations will be revealed at a ceremony in Stockholm on April 5.The winners were chosen among 2,883 submissions from 130 countries, up from 2,700 for the inaugural edition last year. The countries with the most applicants were India, the United States, Nigeria, the United Kingdom, Italy, Sweden, Macedonia, Indonesia, Iran and Bangladesh.The winning ideas include a biodegradable textile made from cow manure; denim dyed using a coloring powder made of old denim; decomposable nylon made from water, plant waste and solar energy instead of oil; a digital thread that facilitates recycling; and a vegetal leather using leftovers from winemaking.The idea that gets the most votes will receive 300,000 euros, or $326,000; the one with the second-greatest number of votes will receive 250,000 euros, or $272,000, and the third-, fourth- and fifth-placed projects will receive 150,000 euros, or $163,000, each.The H&M Foundation was founded by the family of Swedish billionaire Stefan Persson, the chairman and main shareholder in fast-fashion chain Hennes & Mauritz AB, which was founded by his father Erling Persson and is run by his son, Karl-Johan Persson.“Cross-border challenges call for a cross-border approach. I am convinced that by bringing people from different industries, with different backgrounds and perspectives together we can make a fundamental shift, speeding up the transition to a circular waste-free fashion industry,” said Karl-Johan Persson, chief executive officer of H&M.The jury of the award includes model and environmental activist Amber Valletta; Dame Ellen MacArthur, retired British sailor and founder of the Ellen MacArthur Foundation; Vikram Widge, head of climate and carbon finance at the World Bank Group, and Ellis Rubinstein, president and ceo at The New York Academy of Sciences.“On a planet that is not sustainable, every industry must change its practices. The Global Change Award is one of the boldest efforts to catalyze transformation in an unsustainable industry, and H&M Foundation’s prize winners embody the enormous potential of innovative science and technology to make a difference,” said Rubinstein.In addition to the financial grant, all five Global Change Award winners will participate in a one-year innovation accelerator provided by the H&M Foundation in partnership with Accenture and KTH Royal Institute of Technology in Stockholm.
Harrods plans to remove the famous statue of Princess Diana and Dodi Al Fayed from the bottom of the Egyptian escalators and hand it back to Mohamed Al-Fayed. “We are very proud to have played our role in celebrating the lives of Diana, Princess of Wales and Dodi Al Fayed at Harrods and to have welcomed people from around the world to visit the memorial for the past 20 years,” said Michael Ward, Harrods managing director. “With the announcement of the new official memorial statue to Diana, Princess of Wales at Kensington Palace, we feel that the time is right to return this memorial to Mr. Al Fayed and for the public to be invited to pay their respects at the palace.” More on the news, with reporting by @loreleimarfil, at WWD.com. #wwdnews
@prada is introducing a new project at its men’s fall 2018 show this Sunday: “Prada Invites.” The fashion house invited four celebrated creative minds – @ronanaerwanbouroullec, Konstantin Grcic, @herzogdemeuron and @rem.koolhaas – to each create a unique item with its iconic nylon material. The designs will be unveiled on the runway show, which will take place at the company’s warehouse in Viale Ortles 25. #wwdfashion #mfwm (📷: @martinocarrera)
@kering_official is spinning off its stake in puma in an effort to focus on its luxury brands, the brand operator announced yesterday. “We are proud to have supported the turnaround of Puma, which now has unrivaled capabilities to take full advantage of the specific dynamics of its global markets and is poised to achieve substantial growth,” said François-Henri Pinault, Kering’s chief executive officer and chairman. Artémis will become a “long-term strategic shareholder” of Puma with a 29 percent stake. #wwdnews #wwdfashion (📷: @jilliansollazzo)
The fashion world mourns for celebrated street style photographer, Nabile Quenum, who died at age 32 in Paris.
Quenum, creator of the fashion blog “J’ai Perdu Ma Veste,” was a fashion week fixture, and regularly shot for New York magazine’s The Cut, among other outlets, and brands such as Louis Vuitton, Moncler and Adidas. He was also actively involved in the #NoFreePhotos initiative, which kicked off in the fall. Read more about Quenum in @kbsmoke's story on WWD.com. #wwdnews
@verwanggang and @maisonladuree have teamed up on a dessert collab called Vera Wang Pour Ladurée. The collection, which launched this week, features a specialty macaroon, as well as a wedding cake inspired by one of the designer’s gowns. “I could not imagine a more delicate or sophisticated creation to grace any couple’s celebration,” said Wang. #wwdfashion