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METZINGEN - Hugo Boss has linked up with Zürich-based venture capital platform Collateral Good to launch a €100 million ($108m) fund to accelerate the sustainable transformation of the textile and fashion industry.

The fashion brand is to put up about 10% of the target of the 'Collateral Good Ventures Fashion I' fund which will subsidise new companies in the startup, early growth and potential stages which are developing innovative solutions and technologies.

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