Tommy Hilfiger, which is owned by PVH Corp. [NYSE: PVH] has launched TOMMY HILFIGER Social Innovation Challenge, a global initiative that aims to support entrepreneurial start-up and scale-up stage businesses that are developing solutions that have a positive social impact on the fashion value chain. Last date to be the part of the challenge is on 05th June, 2018.
Winners will receive a year-long mentorship with Tommy Hilfiger’s internal experts globally, in addition to winning a grant of up to €100,000 as well as a place on the INSEAD Social Entrepreneurship Program (ISEP).
“Our brand has a strong history of mentoring and supporting talented individuals who have the drive to turn bold ideas into a reality,” Tommy Hilfiger said. “The future success of our industry depends on proactively discovering and nurturing innovative projects that can create real social change. The TOMMY HILFIGER Social Innovation Challenge is an opportunity to shine a spotlight on incredible ideas that could change the lives of people through a more positive and inclusive fashion landscape.”
Interested businesses are invited to submit project proposals that have a social impact, whether involving enhancing the lives of the people or communities within the fashion value chain, the second life of a garment, marketing or advertising in the industry, or other aspects of fashion. Seven finalists will be invited to develop their project plans with the support of a team of dedicated Tommy Hilfiger subject-matter experts during a one week “Sprint” at the Tommy Innovation Center in Amsterdam, the Netherlands. They will pitch their finalized concept at the global TOMMY HILFIGER Social Innovation Challenge event in early 2019, where a panel will select three winners who will be awarded between €50,000 and €100,000 to support their ventures.
Tommy Hilfiger’s mission is to be one of the leading sustainable designer lifestyle brands through how it creates its product, manages its operations, and connects with its communities and stakeholders. More information about Tommy Hilfiger’s sustainable evolution can be found on its website.
– Apparel and Textile News, Apparel Talk, Indian Apparel
