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Global H&M sales rose 9 per cent during the third quarter to August 31 as the fast-fashion retailer made the most of a new supply chain system put in place in Europe and North America. On a constant-currency basis, sales rose by a more modest 4 per cent.…
Two H&M sustainable collections just revealed will benefit global conservation work. The Swedish fast-fashion retailer has released an online-only recycled cashmere and velvet collection at hm.com and a separate childrenswear collection. Launching September…
H&M Vietnam has opened two new stores, in Ho Chi Minh City and Hanoi. The HCMC store is located inside District 7’s Crescent Mall, managed by Savills Vietnam, while the Hanoi store is situated in Vincom Nguyen Chi Thanh. Crescent Mall, comprising 45,000sqm of…
Swedish fashion label H&M is launching an outlet at the Homeplus Bucheon hypermarket in South Korea. The brand’s 29th Korean store, located to the West of Seoul, will open on September 20 and is its first hypermarket venture in the territory. The company’s…
The H&M Foundation is seeking a new round of innovators to help entrepreneurs “reinvent the entire fashion industry. Swedish fast-fashion retailer H&M has contributed a further €1 million into the foundation’s fund and reappointed Taiwanese actress Chiling…
Fast Retailing, the world’s third largest apparel company behind the brand Uniqlo, threw down the gauntlet against world number two Hennes & Mauritz on Friday, opening its first store in H&M’s home market of Sweden, as it makes further inroads in Europe.…
Swedish fashion brand Cos has opened a second Malaysian store at The Gardens Mall in Klang Valley. The launch of the spartan 306sqm Cos Malaysia store comes just 18 months after the brand’s first opening at Pavilion Elite shopping centre. The store’s…
H&M has launched a new e-commerce site and mobile app for customers in the US and introduced a slew of new features and services aimed squarely at converting younger consumers. The fast fashion giant now allows customers in the US to pay for items online via…
Swedish fast-fashion brand H&M Vietnam has opened it second store in Hanoi – its fourth in the country. The 2000sqm store is located in Vincom Mega Mall Times City, offering the latest summer items, and will host the upcoming H&M x GP & J Baker collection.…
Swedish clothing brand H&M has introduced an interactive mirror with speech and face recognition features that kicks into gear automatically as a customer walks up to it. It has been developed by Microsoft. The mirror is programmed to take selfies if directed…
Oscar Olsson, managing director of Nyden, H&M‘s latest brand start-up, is leaving the organisation to pursue other projects, according to the Business of Fashion. As confirmed by Olsson’s LinkedIn profile, the entrepreneur has moved on from the…
Hennes & Mauritz AB on Thursday reported a 21 percent fall in second quarter net profit, missing estimates, as the retailer increased clearance sales to shift unsold stock and experienced logistical problems in it shifts to a more efficient supply chain. The…
Melissa Chi, 30, remembers when her wardrobe was full of H&M clothing and accessories. After discovering the Swedish brand during an internship in Washington, the Singaporean, who runs an online healthy lifestyle store, quickly became a fan of its smart…
H&M sales worldwide – in local currencies – stagnated in the second quarter, reaching SEK 51.98 billion (US$5.88 billion). The poor figure was achieved despite a net increase of 303 stores between May 31 this year and the same time last year, taking the…
Fashion giants H&M and Gap vowed on Tuesday (05/06) to investigate reports that Asian garment workers who supply their high-street stores routinely face sex abuse, harassment and violence. Based on interviews with some 550 workers in 53 H&M and Gap supplier…
Adidas and sister business Reebok have topped a list of 150 of the world’s largest brands and retailers measured on supply chain transparency, according to Fashion Revolution’s 2018 index. Released overnight in the UK, the sixth edition of the Fashion…
