Chipotle Mexican Grill Inc. (CMG) said Monday that it will be launching a line of avocado-dyed clothing and other items that will be made available exclusively to loyalty members. Items will be made with organic cotton and the dye will be produced with upcycled avocado pits from the company's restaurants with proceeds going to support sustainability in fashion and farming. The Chipotle Goods line will be available to rewards members starting August 4. The collection will also include avocado-lined jean jackets, leggings, baby onesies, reusable lunch bags and phone cases. On August 5, Chipotle will also make goods available throughout the day on Depop, a resale site. Chipotle stock has rallied 38% for the year to date while the S&P 500 index is up 1.3% for the period.
-Tonya Garcia; 415-439-6400; AskNewswires@dowjones.com
(END) Dow Jones Newswires
August 03, 2020 08:37 ET (12:37 GMT)
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