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24 March 2017 at 12:24 BST

Companies face a sustainability nightmare down the track

Companies are having to take a renewed interest in sustainability as the pace of regulation increases and social trends change.

Luxury Law Summit: A sustainability plan is key for luxury companies Bruce Rolff

Companies could find themselves swamped in a new era of regulation as a raft of international laws and codes of conduct come into play over the next three years, a team of experts will tell delegates at this year's Luxury Law Summit on 16 May. From the UK's Modern Slavery Act to pressure from celebrities and the expectations of millennials, legal and social concerns will make this a highly charged area for luxury. Even the investment community starting to wake up to the value of managing environmental and social issues - with those adhering to sustainable practices now getting higher ratings. Furthermore business continuity issues - from sourcing goods to climate change - is a key concern for the luxury sector which depends on extracting, growing and processing materials.

Sustainability

This is one of the key areas for discussion at the summit in London which will feature Orsola de Castro, Co-Founder of Fashion Revolution. Fashion Revolution's aim is to help to raise awareness of the true cost of fashion, show the world that change is possible and create a more sustainable future. DKNY's head of Vendor Compliance Jennie McCarthy will join Marc Jacobs general counsel Kelly Koyama-Garcia to discuss the risks and challenges of sustainability. For more information, go to www.luxurylawsummit.com or email benmartin@globalcitymedia.com.

 
   
 
 
 

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