H&M

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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H&M to return to profitability in Q3

H&M has announced it expects to return to profitability after experiencing a “better-than-expected” recovery during the third quarter of the…

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H&M Group appoints new chief technology officer

H&M has appointed Alan Boehme as the business’s new chief technology officer as it continues to accelerate its digitalisation work.…

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H&M to close 170 stores worldwide

H&M has announced plans to close 170 of its stores worldwide after increasing the pace of the closures due to…

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H&M half-year sales slump amid Covid-19 pandemic

Fashion retailer H&M has reported a 23% decrease in net sales to SEK 83,612bn (£7.2bn) for the half-year period ended…

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H&M sales halve in second quarter

H and M net sales halved in the second quarter of 2020, tumbling 50% to 28.7bn Swedish krona (£2.4bn) following…

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