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Upscale retailer Takashimaya to recycle old apparel into $500 coats

Recovering polyester can cut CO2 emissions by 60%

Takashimaya and its partners believe recycling can more than offset the rising prices of raw materials for high-end apparel sold at their stores.

TOKYO -- Japanese department store operator Takashimaya will team with 15 fashion brands to recycle used clothes to make brand-new apparel as it doubles down on sustainability efforts.

About 40 items will debut on Takashimaya's upscale stores and its online shop, with most of them sold in the same price range as conventional counterparts -- including a winter coat priced at about 60,000 yen ($547).

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