Sales at H&M stores worldwide rose by the steepest rate in three years in the third quarter. “Well-received summer collections and increased market share confirm that the H&M group is on the right track with its transformation work,” the company said in a…
H&M’s Fall 2019 Conscious Collection has exemplified the firm’s commitment to only use sustainably sourced materials by 2030 with pieces made from recycled materials or materials that have less impact on the environment. H&M’s Fall 2019 Conscious Collection…
Non-profit H&M Foundation has opened the fifth round of its innovation challenge Global Change Award. The award is an attempt to move the needle in a space where global consumption of textiles and shoes are on track to increase by 65 percent on 2015 levels by…
H&M has teamed with Angel Chen in a capsule collection – the fast-fashion label’s first partnership with a Chinese designer. The Angel Chen x H&M collection will be available in selected stores and online in Mainland China, Hong Kong, Taiwan, Singapore,…
H&M says it will scale back its store-opening program in the year ahead, and reported strong sales in its stores this month. The company had already announced a 5 per cent increase in same-store sales in the second quarter; now it is estimating June’s growth…
H&M Group’s womenswear brand & Other Stories will launch a Tmall flagship store in the fall, making the Alibaba Group-owned B2C online marketplace the label’s first official sales channel in China. The Tmall store will offer collections designed by its three…
H&M India reportedly surpassed Rs 1100 crores (US$157.6 million) in sales in the 12 months to November, just three years after the Swedish fast-fashion label entered the market. There are now 42 H&M India stores trading and consumer demand continues to meet…
H&M India is seeking to enter the country’s home decor and furnishings market. The market entry will see the firm competing with Ikea as well as local retailers under its H&M Home brand. “We are looking at the home segment and it will be decoration products…
Global fashion retailer H&M is supporting “love for all” with a new capsule collection celebrating equality. The H&M LGBTQI range will be available in selected stores worldwide and on hm.com from this month. Celebrating “everybody’s right to love whoever they…
Swedish fast-fashion label H&M is partnering with Indian marketplaces Jabong and Myntra to sell online. The association with the two local partners is structured to meet Indian regulations forbidding marketplaces from forming exclusive associations with…
Global fashion label H&M has launched its Conscious Collection with Chinese actress Tong Liya among the 13 women featured in the promotional campaign. Every piece in the collection is made from sustainably sourced materials, such as 100-per-cent organic…
Fast-fashion brand H&M is testing its fortunes in the fast-growing used-clothing market. The Swedish brand has commenced sales of second-hand clothing in response to consumer concerns about the environmental impact of the fashion industry. H&M’s head of…
Swedish fast fashion retailer H&M announced it will add more information to its products on its website later this month as part of a move to create greater product transparency. The new information will allow H&M customers to find out which factory produced…
Fast fashion giant H&M reported first quarter results on Friday, exceeding expectations on both profit and margin, which it cited as proof that its turnaround strategy is working. The global retailer’s pre-tax profit was 1.04 billion Swedish crowns (A$157.58…
First-quarter H&M sales have exceeded expectations, with the company improving both profit and margin, proof that the fast-fashion company’s turnaround strategy is working. H&M sales rose by 42 per cent in India and 16 per cent in China, in local currencies.…
H&M has announced the opening date of another bricks-and-mortar store in New Zealand, with the launch of Botany Town Centre location set for 2 May 2019. The retailer currently operates four stores in the country, with plans to open a 5th location at Tauranga…