H&M launches new resale platform to cut fashion waste

H&M has launched a new resale platform in America with online consignment store thredUP, as global apparel companies try to make a dent in the clothing waste they produce and seize on a potential new source of revenue.

H&M Pre-Loved launched last week with around 30,000 pre-loved women’s and kids’ clothing and accessories on hm.thredup.com. The Swedish apparel company, among the biggest in the world, is the largest retailer to sell used clothing and accessories ...