News Formal

Are luxury fashion brands ready to join the billion-dollar resale business?

  • 📰 calgarysun
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 52%

United States News News

United States United States Latest News,United States United States Headlines

Exploring the evolution of secondhand luxury style.

Circularity is becoming a consideration at several levels of the fashion industry. Swedish brand COS, an elevated offering within the H&M company portfolio, launched its own resale platform in 2020 called COS Resell. The platform was created with the “ambition of extending the lifecycle of preloved clothes,” according to Francesca Lilley, head of sustainability and brand strategy for the London-headquartered company.

In addition to offer a more “circular” shopping option for customers, Lilley says the ambition of the program is to attract even more shoppers to the idea of secondhand.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 63. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Are luxury fashion brands ready to join the billion-dollar resale business?Exploring the evolution of secondhand luxury style.
Source: calgaryherald - 🏆 64. / 52 Read more »

Competition Bureau to release report on grocery industry Tuesday morningThe bureau launched its study in October with the aim of exploring how governments can act to promote greater competition in the retail food sector.
Source: TorontoStar - 🏆 60. / 55 Read more »