Topic
237 stories in this topic
Fashion Revolution has crowned H&M the most transparent fashion business in the world in 2019, scoring 73 percent of a possible 250 points in its annual Fashion Transparency Index. The index ranks the world’s largest fashion brands according to how much they…
Fast-fashion retail giant H&M has labelled India its fastest-growing emerging market. The firm is now targeting ₹2,000 crore (US$280,000) in turnover from the territory, a goal it is likely to achieve by the end of this year despite signs of reduced domestic…
Weekly sales data from H&M China stores are a harbinger of what faces the world’s fashion industry after the coronavirus passes, says GlobalData. The data shows that while stores are slowly starting to recover from the peak of the coronavirus pandemic in…
Solid results from restructuring have been dented, but fast-fashion label sees potential online. A recovery in fast-fashion retailer H&M’s sales and profit has been muted by the impact of the coronavirus pandemic on stores across Asia. First-quarter data for…
Sweden fashion retailer H&M is to supply protective equipment to hospitals as they fight the coronavirus outbreak. The company said it reached out to the European Union to understand the needs and offer help, which includes opening up its purchasing…
H&M in India is planning a broad expansion beyond tier I cities into smaller population centers. The move is in response to a burgeoning demand for its apparel items in tier II and II cities within the territory and continues the brand’s rapid growth in the…
Fast-fashion retail giant H&M has labeled India its fastest-growing emerging market. The firm is now targeting ₹2,000 crores (US$280,000) in turnover from the territory, a goal it is likely to achieve by the end of this year despite signs of reduced domestic…
The new owners of failed US fast-fashion firm Forever 21 have appointed a key H&M executive to take charge of a turnaround plan. Two of the chain’s landlords, Simon Property Group and Brookfield Property Partners, teamed with Authentic Brands Group to…
Increased full-price sales and lower markdowns signal that H&M’s multi-pronged transformation plan is paying off, according to GlobalData analyst Kate Ormrod. H&M fourth-quarter sales were affected by the later timing of Black Friday last year, compared with…
H&M Group is to launch Monki in the Philippines, the second Southeast Asian market for the Swedish fashion group’s diffusion brand. The first store for Monki in the Philippines will open later this year at SM Megamall in Manila and will be followed by a…
A new H&M Chinese New Year collection has been launched, celebrating the Year of the Rat. The H&M Chinese New Year collection features more than 100 items including ladieswear, menswear and kidswear and special items featuring cartoon characters. Besides…
H&M Group’s higher-end clothing brand Cos is to trial renting out its clothes in China through rental platform YCloset. Swedish retail company H&M Group said it has partnered with YCloset to run a three-month trial to explore the circular business model. “The…
Swedish fashion brand Hennes & Mauritz (H&M) opened its first store in Da Nang and eighth in the country on Thursday. The 1,600 square meter outlet is located in the Vincom Ngo Quyen mall in downtown Da Nang. Starting from VND99,000 ($4.27), the story aims to…
Fashion retailer H&M has opened a new ‘hyper-local flagship’ in Berlin’s creative Mitte Garden district. The 300sqm store, one of the brand’s smallest worldwide, offers curated womenswear, selected external brands, vintage pieces and a showroom for customers.…
H&M’s pre-tax profit rose 25 percent in the latest quarter to US$506 million as the Swedish-headquartered global fast-fashion retailer trimmed its inventory and customers embraced its summer range. “The new season has got off to a promising start,” said CEO…
Swedish fashion giant H&M announced it will open its fourth store in Auckland at Westfield Newmarket on December 12. The 2300sqm store, the retailer’s ninth store in New Zealand, will have two levels and will feature a range of apparel and accessories for…
