H&M is the world’s second largest clothing retailer, after Inditex, and the UK is its third-largest market. In the UK, it has over 200 stores, including the H&M, & Other Stories, Weekend, Arket and Cos brands. The retailer also has a homewares store concept, H&M Home, a sustainable Conscious range and recycling scheme. Retail Week provides news, analysis, features and opinion about H&M and the fashion sector.
The fashion retailer announced a strategic partnership with Centra, a Swedish ecommerce platform that specialises in direct-to-customer communication, B2B wholesale and omichannel commerce.
Swedish fashion giants H&M have reported a dip in profits in the first quarter, driven by “negative external factors”, increased markdowns of products and investment.
New analysis from GlobalData revealed that Shein has increased its market share forecast once again, as shoppers look for value amid challenging economic conditions.
Tesco has appointed an H&M executive to run its F+F clothing and home business.
As retail navigates a world post-Budget, Retail Week looks at who is looking at automation as an aid, and how this will impact both customers and millions in the workforce.
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