Prada Just Inked the Fashion Industry's First Loan that Links Interest Rates to Sustainability Efforts

Posted 4 years ago

Prada is known for being a trailblazer from a design perspective , but the brand just upped the ante on the “green” front after entering into what it is being called the first business loan in the luxury goods sector that links the annual interest rate with the brand’s sustainability-centric milestones.

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