Fashion heiress pushes for green innovation and wearing vintage
Veronica Chou is investing in start-ups that can refashion an industry that produces 20% of the world’s wastewater and 10% of its emissions
Hong Kong — When she ran a company that sold American clothing labels in China, textile heiress Veronica Chou was a globe-trotting executive who made headlines for her socialite lifestyle and lavish 2012 wedding in Hong Kong. Now, she’s trying to clean up the fashion industry.
A member of the $2.7bn family empire built by her father Silas Chou, she said she’s now devoting her time and money to start-ups that make one of the world’s most wasteful industries more sustainable. After selling the family stake in a Chinese joint venture with New York-listed Iconix Brand Group for $56m in 2015, she started her own eco-friendly label, backing suppliers that are using innovative technologies to make materials and clothes...
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