H&M's CEO talks about a 'terrible' threat to the fashion industry
Fashion has taken heat in recent years for the industry's role in producing 10% of global greenhouse gas emissions through manufacturing and distribution, in addition to water pollution, textile waste, and social burdens of low-quality working conditions.
The growing trend of sustainable shopping is spurring change in the fashion world, and the head of fashion giant Hennes & Mauritz AB, or H&M, called the shift a "social" threat.
H&M CEO Karl-Johan Persson, the third in his family to hold the helm
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