By  on October 10, 2019

PARIS — Reinforcing its bet on the secondhand market, H&M Group has taken a majority stake in Swedish retailer Sellpy with plans to expand it internationally, starting with Germany.

The fast-fashion retail giant, which first took a minority holding in the secondhand seller in 2015, has now become majority owner with a stake of around 70 percent.

To continue reading this article...

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus