BusinessConsumer

Actions

H&M expected to offer big sales

Posted

Looking to score some cheap clothes?

H&M is expected to offer some big sales on its merchandise.

The fashion giant has $4 billion worth of unsold clothing.

The company says it will use a variety of strategies to reduce the stockpile, including in-store and online discounts.

If the inventory can't be sold, it will be recycled or donated to charity.