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Arket adds external ready-to-wear from Klättermusen

Arket has added Swedish outdoor brand Klättermusen to its roster of brands, offering external ready-to-wear for the first time. In a statement, Arket said that Klättermusen would complement its collection with a “mindful selection” including outerwear such as jackets and vests, accessories including tote bags and cross-body bags, and T-shirts...

Apr 25, 2022

Report

H&M's Q1 sales increase 18 percent, posts profit

First quarter net sales at H&M in local currencies increased by 18 percent, while converted into SEK, the group’s net sales increased by 23 percent to 49,166 million Swedish krona. The group’s profit after tax increased to 217 million Swedish krona, corresponding to 0.13 Swedish krona per share. Commenting on the trading update, Helena...

Mar 31, 2022

Report

H&M posts Q1 sales increase of 23 percent

Swedish fashion retailer H&M's net sales in local currencies increased by 18 percent in the first quarter February 28, 2022, compared with the corresponding period last year. Converted to SEK, the company said in a release, net sales increased by 23 percent to 49,166 million Swedish krona. The company will publish its three-month report on March...

Mar 15, 2022

Fashion

Arket launches capsule collection with Lisa Larson

Nordic lifestyle brand Arket has launched a capsule collection with Swedish ceramist Lisa Larson, known for her expressive figurines and small sculptures. The collection called ‘The figurines of Lisa Larson’ revolves around the world of animals, in a nod to her rich gallery of animal characters as well as her long commitment to animal and nature...

Feb 7, 2022

Retail

Arket to open first store in Paris

Nordic fashion brand Arket is set to open a flagship store in Paris this autumn, the retailer’s first physical location in France. The Stockholm-based brand will include a curated selection of ready-to-wear and accessories for women, men and children, as well as a line of interior homeware products and body care. “We are truly excited to...

Jan 28, 2022

ManagementFeatured

H&M's revenue and profit increase, aims to double sales by 2030

Full-year net sales at H & M Hennes & Mauritz AB, in local currencies increased by 11 percent in the fourth quarter 2021 compared with the corresponding period last year. Converted into SEK net sales increased by 8 percent in the quarter to 56,813 million Swedish krona. For the financial year 2021 the H&M group’s net sales in local currencies...

Jan 28, 2022

Report

H&M posts 11 percent increase in Q4 sales

Net sales at H&M Group in local currencies increased by 11 percent in the fourth quarter 2021 compared with the corresponding period last year. The company said in a statement that for the 2021 financial year net sales increased by 12 percent in local currencies. Converted to SEK, net sales increased by 8 percent to 56,813 million Swedish krona...

Dec 15, 2021

Retail

Arket opens first store in Russia

Stockholm-based lifestyle brand Arket has opened its first flagship store in Russia, 0 0 4 0 2 5 - 9 4 2. Located in the Metropolis shopping center in Moscow, the new store features products for men, women, children, and the home, as well as a Nordic-inspired café and pastry shop. The store has a wide range of fashion and accessories, interiors,...

Dec 9, 2021

Retail

Arket to open first flagship in Russia

Stockholm-based lifestyle brand Arket is opening its first flagship store in Russia, 0 0 4 0 2 5 - 9 4 2, on December 9. Located in the Metropolis shopping center in Moscow, the new store will be a modern-day market offering men’s, women’s, and children’s products, along with home, as well as a Nordic-inspired café and pastry shop. The...

Nov 23, 2021

Fashion |In Pictures

Arket collaborates with designer Pia Wallén

Arket has launched a capsule collection in collaboration with celebrated Swedish designer Pia Wallén. ‘The Shapes of Pia Wallén’ collection features women’s ready-to-wear, accessories and interior furnishings and marks the second chapter in Arket’s ‘Nordic Stories’ series, featuring exclusive collaborations with independent creators and cultural...

Nov 18, 2021

Business

Arket launches online store in Korea

Nordic lifestyle brand Arket has expanded its presence in Korea with the launch of an online store. The site will stock Arket’s full assortment for men, women and children, designed to function as a modern-day market. Further categories include the label’s sportswear, yoga wear and travel ranges. “We are really happy to open our third store in...

Nov 12, 2021

Fashion

Arket launches rainwear collection with Tretorn

Arket has unveiled its first rainwear collection in collaboration with Swedish rainwear experts Tretorn for autumn/winter 2021. The capsule Arket and Tretorn collection of water-resistant garments and accessories, reimagines coats for women, men and children inspired by vintage fishermen’s parkas and robust raincoats that you might find in the...

Oct 11, 2021