Asda launches second-hand fashion offering in 50 UK stores
Following a successful trial in 2019, Asda is rolling out a second-hand fashion aisle to 50 of its UK stores, in a bid to encourage a more circular economy for clothing.
Image: Preloved Vintage Wholesale
The retailer first began offering “pre-loved” garments in September 2019, as part of a month-long trial for the ‘Second-hand September’. Campaign. The aim of the pilot was to gauge consumer attitudes and test the practicalities of this business model, which is new for the supermarket.
Now, it has confirmed that the offer will be made available in 50 stores across the UK, including major locations in Brighton, Bristol, Birmingham, Edinburgh and Leeds. Asda is working with wholesaler Preloved Vintage Kilo, best known for its vintage pop-up and pay-by-the-kilo events, to source the clothing.
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LONDON (Reuters) -South African conglomerate Steinhoff will list shares in its Pepco Group discount retailer business in Warsaw rather than London, in what could become Poland’s biggest initial public offering (IPO) this year.
FILE PHOTO: Signage is seen outside a branch of Poundland in Altrincham, Britain January 7 2020. REUTERS/Phil Noble/File Photo
Earlier this month, Reuters cited sources saying that Pepco, which owns Poundland in the United Kingdom as well as the PEPCO and Dealz brands in Europe, was valued at around 5 billion euros ($6 billion). nL8N2M94HQ]
Pepco trades from more than 3,200 stores across 16 countries and is led by Andy Bond, a former chief executive of Britain’s Asda supermarket chain. In Poland, it trades from more than 1,000 stores.