Closing Bell

H&M Launches Resale Website in Sustainability Push

Fashion retailer just launching a platform to become more sustainable. H&M saying it's partnering with consignment platform thread up to launch a resale marketplace in the United States. H&M will be the biggest retailer to work with thread up and initially offer 30,000 articles on its resale site. Well, threat up is going to update the side and restock the pieces sent by users H and M saying the site is part of its bigger push to become more sustainable and launch a denim line made with recycled materials planning to offer discount coupons to customers who bring in clothing for recycling.