Kering teams up with Plug and Play to launch sustainability award in China

Kering wants to boost Chinese startups with the potential to bring a positive environmental and social impact to the apparel and textile industries. Together with startup accelerator Plug and Play, the luxury conglomerate is launching the Kering Sustainable Innovation Award, offering mentorship and networking trips to the USA and Europe for three winners. The top winner also gets a monetary prize worth 100,000 euros (approximately 113,000 US dollars).