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Ralph Lauren Corporation Announces Investment in Leading Sustainable Material Science Startup Natural Fiber Welding

Aug 13, 2020over 5 years ago
New York

Description

Ralph Lauren Corporation (NYSE:RL) today announced a minority investment in Natural Fiber Welding, Inc. (NFW), a leading sustainable material science startup that has revolutionized the reuse of natural fibers – such as cotton waste – into patented, high-performance materials. As a part of the investment, Ralph Lauren will help scale NFW’s patented process and develop first-of-its-kind performance apparel made from natural, sustainable materials.

Company Information

Company

Ralph Lauren Corporation

Location

New York, New York, United States

About

Ralph Lauren Corporation is a global leader in the design, marketing, and distribution of luxury lifestyle products in five categories: apparel, footwear & accessories, home, fragrances, and hospitality. The company has elevated its brand and become a significantly stronger and more profitable business over the last seven years.

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