H&M

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…

Read More »

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.…

Read More »

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…

Read More »

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…

Read More »

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…

Read More »

H&M signs new £859m credit facility to strengthen liquidity amid Covid-19

Swedish clothing retailer H&M has revealed it has signed a new €980m (£859m) revolving credit facility as it looks to…

Read More »

H&M sales increase despite being ‘negatively impacted’ by Covid-19

Fashion retailer H&M has reported a rise in sales in its first-quarter results, despite being “negatively impacted” by the outbreak…

Read More »

H&M launches global supply chain initiative

H&M announced it will be launching a new initiative to provide other retailers access to its global supply chain, in…

Read More »

H&M to shutter Stoke-on-Trent warehouse placing 500 jobs at risk

H&M is reportedly set to close its warehouse in Stoke-on-Trent with plans to relocate its distribution to a new site.…

Read More »

Former H&M US president joins Forever 21 as its new CEO

Authentic Brands Group (ABG) has appointed former H&M US president Daniel Kulle as the new CEO of Forever 21. ABG…

Read More »