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THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

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H&M to sell second-hand clothes at London store

People walk past H&M shop in Riga, Latvia January 30, 2020. REUTERS/Ints Kalnins People walk past H&M shop in Riga, Latvia January 30, 2020. REUTERS/Ints Kalnins
People walk past H&M shop in Riga, Latvia January 30, 2020. REUTERS/Ints Kalnins People walk past H&M shop in Riga, Latvia January 30, 2020. REUTERS/Ints Kalnins

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H&M (HMb.ST) will offer secondhand clothing and accessories at its London flagship store starting Oct. 5, amid pressure on fast fashion businesses to reduce their environmental impact by promoting reuse and recycling.

H&M says it is “part of the problem” and that fashion production and consumption must adapt as the EU plans to reduce textile waste.

The “PRE-LOVED” womenswear collection at H&M’s Regent Street shop will include Arket, Cos, Monki, and Weekday, as well as other brands and designers.

The second H&M shop to sell used clothing will debut this year following Barcelona. Sweden and Germany have H&M online secondhand.

H&M claimed the autumn-winter 2023 secondhand collection would feature metallic skirts and blouses, trench coats, and “trendy knits,” with new pieces added daily.

H&M said the outfits would come from Flamingos Vintage Kilo, a European and American secondhand clothing retailer, and cost 29.99 pounds ($37) to 189 pounds.

Last November, H&M opened a Regent Street clothes rental service.

Online platforms like ThredUP, Vinted, and Depop are growing, and companies offer their services for peer-to-peer clothing resale.

Zara (ITX.MC) started its online secondhand business in France this week after testing it in Britain since November.


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