BLOOMBERG Hennes & Mauritz (H&M) is launching a resale platform with ThredUp Inc, 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 was expected to start its first resale platform in the US market, H&M Pre-Loved, with around 30,000 items of used women’s and …

BLOOMBERG Inditex SA surprised investors with a plan to significantly increase spending on new stores and e-commerce despite closing more than 1,000 shops over the last three years and amid a wider market slowdown in online growth. Shares in the operator of the Zara and Bershka chains fell as much as 3.6% after the retailer said it planned to invest …

BLOOMBERG Glossier, the Gen Z-focussed beauty brand trying to rebound from a tumultuous period, has revamped its executive ranks and is moving further beyond its direct-to-consumer roots. The New York-based company is making several pushes to strengthen its business: announcing product launches every four to six weeks, expanding its physical brick-and-mortar footprint to 600 Sephora stores and positioning itself for …