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H&M Group

H&M Launches Cost-cutting Drive After Q3 Profit Hit

Weak sales in many of its major markets also impacted the retailer in the three months to Aug. 31.

H&M Sales Slow in Q3

Net sales climbed 4 percent, but down in local currencies for the Swedish fast-fashion retailer.

H&M to Wind Down Russia Operations

The group will temporarily reopen some stores to offload inventory before it exits the territory.

H&M Group Is About to Go Big With AI

H&M will soon reveal its secret weapon to fight supply chain woes and unite the business, from front to back…

H&M Announces Stock Buyback Program Amid Soaring H1 Sales

The company announced the buyback program alongside results that showed sales are up 20 percent in the first…

SAC Halts Major Brand-backed Consumer Transparency Program After ‘Misleading’ Claims

SAC paused its brand-backed consumer transparency program after Norwegian consumer watchdog flagged…

Hotel Hennes to Pop Up on the Lower East Side

Earlier this month the retail giant introduced a pop-up hotel in Berlin.

Infinited Fiber Company Plans $420 Million Factory

The projects is expected to create 270 jobs and impact the employment of 800 more.

H&M Group Sales Up 17 Percent in Q2

In local currencies, sales were up 12 percent in the three months to May 31.

H&M Looks Ahead With Sustainability, Offer Accuracy, Sales Channel Integration

Chief executive officer Helena Helmersson said offering should become "best combination of fashion, price…

Supply Chain Pressures, Ukraine War Weigh on H&M

The Swedish fast-fashion retailer reported lower than expected first-quarter profits and gave an update on…

H&M Group Sales Gain 23% in Q1

In local currencies, sales for the three months ended Feb. 28. advanced 18 percent.

Mango, Boohoo Make New Sustainable Strides

Fast-fashion looks to recycled and preferred fiber origins.

H&M Plans to Double Sales, Halve Carbon Footprint by 2030

The company announced ambitious new targets alongside its 2021 results.

H&M Group’s Q4 Sales Grow 11 Percent in Local Currencies

The Swedish retailer said sales were back at 2019's pre-pandemic levels, with 2021 sales also up 12 percent.