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H&M-owned Renewcell goes bankrupt: 'Day of Sorrow'

Summary by Expressen
The clothing recycling company Renewcell — of which H&M is one of the main owners — is going bankrupt, the company said in a press release. “This is a sad day,” said Chairman of the Board Michael Berg.

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Expressen broke the news in Stockholm, Sweden on Monday, February 26, 2024.
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