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    News / H&M chief urges VAT cut on resale fashion

    H&M chief urges VAT cut on resale fashion

    • Staff Writer
    • September 10, 2025
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    STOCKHOLM – H&M Group CEO Daniel Ervér has joined leading Scandinavian fashion executives in calling for reduced VAT on second-hand clothing sales. The group claim that current rules penalise circular business models and slow the transition to a low-carbon industry.

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