It sounds like your group’s short-term plan is to incentivize customers to purchase multiple bundles of new clothing items by offering discounts. The plan is to offer a 15% off coupon for purchasing one bundle of new arrivals, and a “buy $300 get $50 off” coupon for purchasing three bundles. Your group’s long-term mission is to be a fashion company that provides customers with on-trend clothing options while also taking steps to mitigate the negative impact that fashion can have on the environment.
The concept of “fast fashion” refers to the practice of quickly producing and selling large quantities of clothing at low prices. This business model can lead to a number of negative environmental impacts, including the use of large amounts of water, energy, and chemicals during the production process, as well as the generation of significant amounts of textile waste.
Recycling clothes or textile is one of the way to mitigate the environmental impact. As you’ve noted, it’s important for a fashion company to be aware of these issues and to take steps to reduce their negative impact. By promoting recycling and offering discounts for multiple purchases, your group’s plan is one way for H&M to help reduce textile waste. However, it should be noted that it alone may not be enough.
It will be important for the company to consider other environmental impact as well. Such as production, transportation, and materials. It is also important to be transparent about these efforts and to demonstrate real progress towards reducing the company’s environmental footprint.
To sum it up, your group’s plan is a good step in the right direction, but it is important to consider the overall sustainability of H&M’s operations and to continue to find ways to reduce their environmental impact.