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 model of business can have a lot of adverse environmental effects, such as large-scale production and high levels of waste.
One way to minimize the environmental impact is by recycling clothes or textiles. 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. It should be remembered that this alone might not suffice.
Companies should consider their environmental footprint. These include production, transport, 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.