h&m

H&M

Financial

H&M Plans to Close More Stores as First-Half Profit Drops

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

clock June 26, 2020Mimosa Spencer

H&M is boarded up in Herald Square, New York.

Financial

Has the Worst Passed for Fast Fashion?

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

clock June 15, 2020Mimosa Spencer

Victoria's Secret store Herald Square Manhattan

Real Estate

Victoria’s Secret Files Suit to Get Out of Manhattan Lease

The busy Herald Square location has been closed since March 17 to prevent the spread of the coronavirus.

clock May 27, 2020Kellie Ell

karl lagerfeld

Fashion Features

Seminal Moment: When Karl Lagerfeld Embraced H&M

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

clock May 13, 2020Miles Socha

H&M

Financial

H&M Sales Plummet 57% in March-to-May Period

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

clock May 7, 2020Mimosa Spencer

Campaign of Arket

Retail

H&M’s Arket Enters Chinese Market With Tmall

The online store marks the brand’s first expansion outside Europe and will be a test for future physical stores in China.

clock April 30, 2020Tianwei Zhang

sustainable intimates lingerie

Intimates

Who Has the Cleanest Underwear?

Intimates and swimwear brands are getting sustainable. But what each brand is doing varies — and can be confusing. Here’s a roundup of how some innerwear brands are trying to save the planet.

clock April 22, 2020Kellie Ell

Higg Index

Business Features

Too Many, Too Confusing: What Does the Future Hold for Eco-Labels?

Today’s unruly crop of eco-labels are puzzling customers and proving too expensive and time-consuming for manufacturers to apply for. But as the sustainability certification sector evolves, solutions are emerging.

clock April 22, 2020Cathrin Schaer

H&MÕs new eco-friendly swimwear is designed for children and adults.

Business Features

Sustainable Children’s Labels Look Ahead

Several executives expect consumers place greater value on such goods after the pandemic.

clock April 22, 2020Rosemary Feitelberg

Giambattista Valli

Designer and Luxury

Giambattista Valli on Staying Positive Through the Coronavirus Crisis

“After a hurricane, the sun comes out again,” said the designer, who is using confinement to take stock after a period of rapid growth.

clock April 2, 2020Joelle Diderich

sustainability, adidas, h&M, ikea

Technology

Lab-Grown Cotton Venture Snags H&M Foundation’s Global Change Award

Galy won the biggest award, but prizes also went to Werewool, TextileGenesis, SeaChange Technologies and Fairbrics. 

clock April 1, 2020Mimosa Spencer

online-shopping

Retail

Online Apparel Demand Weakens Amid Lockdown, Markdowns

“Demand for apparel is likely to be subdued in the near term,” an analysis of data by RBC shows.

clock March 25, 2020Miles Socha

Earrings by Pandora

Human Resources

Pandora Recruits Martino Pessina as Chief Commercial Officer

The H&M veteran will manage commercial operations for the restructuring jeweler.

clock March 24, 2020Mimosa Spencer

H&M London Hennes & Mauritz

Financial

COVID-19 Impact: H&M Announces Mass Layoffs, Scraps Dividend

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

clock March 23, 2020Mimosa Spencer

online shopping

Business Features

Handling the E-commerce Surge

With work-from-home culture taking over, e-commerce is stepping into the commerce spotlight.

clock March 20, 2020Kellie Ell

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Essentialist

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Giorgio Armani

Business

Giorgio Armani to Rely on Group Resources to Resist Pandemic Impact

clock 13hLuisa Zargani

Social Studies