H&M’s (HMb.ST) sales grew less than expected from a year ago in the three months through August, and remained lodged below pre-pandemic levels. The company reported sales of £4.7billion at H&M in the three months to the end of August were down 11 per cent on the pre-Covid equivalent two years earlier. Indeed, H&M Group’s growth was slower than...
15 hours ago
Net sales at H&M in local currencies increased by 14 percent in the third quarter of 2021, while converted to SEK, net sales increased by 9 percent to 55,585 million Swedish krona. The company said in a release that the H&M group’s strong recovery continues with more full-price sales and good cost control. Sales development continued to be...
Sep 15, 2021
In celebration of nature and the wilderness, sustainable fashion retailer Arket has released The Nordic Outdoors collection, for both men and women. Shot in a Swedish landscape, the homeland of the company, items from the collection are featured among the environment they were made for. Pieces are made using natural and recycled materials,...
Sep 10, 2021
H&M has opened its first store in Panama, located at the country’s Multiplaza Mall. Covering 2,200 square meters, the store includes the Swedish fashion retailer’s departments for women, men’s kids and divided. “Opening our first store in Panama at the Multiplaza Mall is truly fantastic,” said Dan Nordstrom, H&M’s global head of franchise, in a...
Sep 7, 2021
H&M is continuing to expand its commitment to sustainability. The brand has revealed a ten-piece collection featuring baggy jeans, loose straight-leg jeans, a trucker jacket, and an oversized overshirt, along with a bucket hat and shopper, all ‘90s inspired. This marks the brand’s most recycled collection to date. The products are made out of...
Sep 3, 2021
Fashion retailer & Other Stories, part of the H&M group, has announced it will be bringing its collections to US multibrand retailer Nordstrom. A curated selection of & Other Stories collections will be available at Nordstrom, including a range of ready-to-wear, shoes, accessories, jewellery and beauty from the & Other Stories ateliers in Paris,...
Aug 26, 2021
The H&M Foundation has announced that its Global Change Award is returning for 2022, after being paused by the pandemic, and is calling on early-stage innovations challenging to transform the fashion industry to apply. The Global Change Award, launched in 2015 by non-profit H&M Foundation, in collaboration with Accenture and the KTH Royal...
Aug 25, 2021
In its effort to continue supporting LGBT initiatives, H&M has partnered with the Marsha P. Johnson Institute. The retailer is working on providing shopping events to LGBTQ+ students from ages 14 to 24. Recently they held a “Fresh and Fabulous for Fall” shopping spree at H&M flagship location on Fifth Avenue in New York City. Emmy nominated...
Aug 20, 2021
Swedish retail giant H&M is launching its own second-hand fashion platform in Canada next month as it continues to expand its presence in the red-hot resell market. The new platform, called H&M Rewear, is a “one-stop digital customer to customer (C2C) resell destination” powered by London-based Resale-as-a-Service (RaaS) technology company...
Aug 16, 2021
Fast-fashion retailer H&M has announced it will be now shipping online orders in FSC-certified paper packaging in the Netherlands. The decision is part of the company’s sustainability pledge to use 25 percent less packaging between 2018 and 2025, including the replacement of single-use packaging. The paper is uncoated, making it easier to...
Aug 12, 2021
H&M’s collaboration with Indian label Sabyasachi announced last year is finally about to hit stores, following a delay due to the pandemic. Originally set to launch in April 2020, H&M have confirmed that its ‘Wanderlust’ themed collaboration with Sabyasachi featuring rich textiles in modern and classic Indian silhouettes will debut in selected...
Aug 9, 2021
This site uses cookies to deliver its services, to personalise ads and to analyse traffic. If you continue browsing the site, you agree to our use of cookies.