Bloomingdale’s and FIT Launch Sustainable Innovation Fund

American fashion department store chain Bloomingdale’s is celebrating its 150th anniversary this fall and has partnered with the Fashion Institute of Technology to launch the Bloomingdale’s x FIT Sustainable Innovation Fund. She has also announced the launch of her new social purpose platform called b the change.

The goal of the Sustainable Fashion Fund is to bring the fashion industry together and engage retailers and fashion professionals, encouraging them to participate in joint sustainable projects that “will create sustainable solutions,” Bloomingdale’s and FIT said in a statement.

B change is a social cause and philanthropic platform focused on sustainability initiatives, inclusion and innovative educational programs and other future-oriented projects.

More specifically, the platform’s goal is to “protect our planet for the next generation, build a more just future for all, and invest in today’s youth through mental health advocacy,” Bloomingdale’s explains on its website.

The goal of the two partners in creating both initiatives is to create new spaces and resources that support teaching and learning, research, and offer activities to educate students, faculty, alumni, industry partners, and the public about sustainability .

The Bloomingdale’s x FIT Sustainable Innovation Fund

“FIT is honored to be a part of this new initiative created by Bloomingdale’s,” Dr. Joyce F. Brown, FIT president, said in a statement. “The partnership with Bloomingdale’s will promote and enhance FIT’s strong, active and highly visible commitment to sustainability innovation.”

“Working with their leadership, we want to show that sustainability is possible for a large institution and ultimately provide a model for other organizations. Like Bloomingdale’s, we recognize that sustainability is not a single goal. extends to related areas such as corporate social responsibility, ethics and fair trade,” concluded Dr Brown.

Funds raised through the partnership initiative will be used to launch educational and mentoring programs, open innovation workshops, sustainable fashion exhibitions and more.

Bloomingdale’s is holding various online and in-store events throughout the year with the goal of raising $2 million for its philanthropic initiatives.

For example, throughout September, Bloomingdale’s shoppers can donate to the Bloomingdale’s x FIT Sustainable Innovation Fund by rounding their purchase to the nearest dollar in-store or by making an online donation at checkout.

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