H&M will sell paper bags for 15 euro cents and give the sum to EcoTree to finance biodiversity projects in France.

H&M recorded a 16 percent decline in third quarter sales, but said it expects to post a profit in the third quarter.

Guys used to wearing sweatpants to work from home will seek sophisticated yet comfortable attire for the office.

The Swedish retailer will speed up store closures while reducing planned openings, leading to a net decline of 40 this year.

H&M and Inditex have both signaled improving sales but does the secondhand market pose a threat to the retailers? 

The project broke down barriers between luxury and mass; democratized design; and foreshadowed rampant collaborations, drops and pop-up concepts.

Business has been muted in markets where stores are reopening, said the Swedish fast-fashion retailer.

H&M and Galeries Lafayette have answered the call for volunteers to donate fabric, sew masks and distribute them.

Inditex, which owns Zara and a host of other retailers, said it is committed to working with its suppliers “through the impacts of COVID-19.”

The new credit facility is renewable for six months, and comes as an addition to a 700 million euro facility secured in 2017 that matures in 2024. 

The Swedish fast-fashion retailer noted subdued demand in functioning markets and a significant negative impact from store closures.

The retailers flagged improvement in business and operations in China.

The company has support from H&M Group and Kering Group.

The Swedish fast-fashion retailer plans to open its first store in Panama by the end of the year.

Global retailers feel that while it is important to tread carefully in India, the market is on the cusp of exploding.