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H&M Snags Bigger Stake in Renewcell

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

H&M has snapped up a bigger piece of a leading recycled-textiles manufacturer. The Swedish retailer is part of a group of investors that has acquired 1.9 million shares in Renewcell, amounting to 6.25 percent of the company, from Girindus Investments. Together with the minority stake it secured in 2017, H&M is now Renewcell’s second-largest shareholder…

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