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This Company Says it Can Solve Fashion’s Unsold Inventory Problem

Rivet's 2020 Denim Circularity report takes a deep dive into how the global denim industry is plotting its circular future amidst a worldwide pandemic.

Unsold inventory has been a major concern for apparel retailers throughout the COVID-19 pandemic, but one company hopes a new infusion of funding can help it tackle the problem head on. Otrium, an online fashion marketplace that sells end-of-season collections from retail brands that would otherwise go unsold, has raised 24 million euro ($26.6 million)…

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