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Weekday teams up with Swedish R&B star Cherrie

Swedish fashion and streetwear brand Weekday has launched a limited-edition collection with one of the country’s most popular R&B singers, Cherrie. The 13-piece Weekday x Cherrie collection features outerwear, jewellery, tops and jeans. Highlights include a scarf that works as a hijab as well as a top and a denim trench coat that can turn into...

Apr 4, 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

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

ManagementFeatured

H&M sales profit increase, proposes dividend

For the first nine months, the H&M group’s net sales in local currencies increased by 13 percent compared with the corresponding period last year. Converted into SEK the group’s net sales amounted to 142,154 million Swedish krona. For the third quarter the H&M group’s net sales in local currencies increased by 14 percent, while converted into...

Sep 30, 2021

Report

H&M reports 14 percent sales improvement in Q3

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

ManagementFeatured

H&M reports sales and profit recovery in Q2

The H&M group’s net sales in local currencies increased by 75 percent in the second quarter compared with the corresponding period last year. Converted into SEK, the company said, net sales amounted to 46,509 million Swedish krona in the second quarter. Net sales in the six-month period increased by 12 percent in local currencies, while...

Jul 1, 2021

Report

H&M’s Q2 sales surge by 75 percent

In the second quarter 2021, the H&M group’s net sales increased by 75 percent in local currencies compared with the corresponding period last year. The company said in a release that as a result of the strengthening of the Swedish krona the increase was 62 percent converted to SEK and amounted to 46,509 million Swedish krona. The company added...

Jun 15, 2021

Report

Temporary store closures affect H&M sales, drop by 21 percent

In the first quarter 2021, the H&M group recorded net sales decrease of 21 percent in local currencies compared with period between December 1, 2019 to February 29, 2020. Converted to SEK, the company said in a statement, the group’s net sales amounted to 40,060 million Swedish krona compared to 54,948 million Swedish krona. The company added...

Mar 15, 2021

Video

Video: Weekday FW21 collection

In this video, Swedish street style fashion brand Weekday has presented its FW21 collection at Stockholm Fashion Week (SFW). Watch the video below. Do you want to see more FW21 clothing collections? Click here to view the FashionUnited Marketplace. Video: Weekday via YouTube Photo credit: Stockholm Fashion Week

Feb 16, 2021

Fashion

Weekday launches jeans made from 100 percent post-consumer waste

H&M Group-owned brand Weekday has launched a limited-edition pair of its popular Rowe Jeans made of 100 percent post-consumer waste. Weekday teamed up with Infinited Fiber Company (IFC) to create the jeans made from a material comprising 50 percent organic cotton and 50 percent Infinna, which comes from 100 percent reborn textile waste. The...

Feb 5, 2021