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

Sustainability is evolving at a dizzying pace with an increasing number of mandates, goals, expectations and—in some cases—legislation. Attend the Sustainability FAQs workshop to get caught up on the latest on circularity, traceability, net zero and inventory reduction.

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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