H&M

H&M net sales increase 12%

H&M has announced that its net sales for FY22 increased 12% to SEK 223bn (£176bn) for the year ended 30…

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H&M profits hit by Russian exit

H&M has announced pre-tax profits of SEK 689m (£56.5m), down from SEK 6.09bn (£220m) a year prior, in the group’s…

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H&M Group profits surge amid high street resurgence

H&M Group has revealed its gross profits increased by 52.2% to £4.36bn in the six months to 31 May. Profits…

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H&M Group reports 12% surge in 2022 Q2

The H&M Group has reported that its net sales in local currencies increased by 12% in the second quarter 2022,…

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Ikea and H&M open Atelier100 space 

A new joint venture from H&M and Ingka Group, Ikea’s largest franchisee, has opened its doors to showcase London-based designers…

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Ikea and H&M join forces for new creative programme

Ikea and H&M have joined forces to launch a new design venture for creatives that is set to pilot in…

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H&M aims to double sales by 2030 as FY21 profit soars

H&M Group has announced that profit after financial items increased almost sevenfold in its latest full-year results, rising to SEK14.3bn…

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H&M FY profits fall 88%

H&M has revealed the extent of damage coronavirus has had on its business, with profit crashing 88% to SEK 2.05bn…

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H&M sales slump in final quarter

H&M has announced that net sales fell by 10% in the quarter ended 30 November 2020, following the impact of…

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H&M to close stores as online sales rise

H&M has announced that it is planning to close around 250 stores next year, as more of its customers shift…

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