All H&M (Hennes & Mauritz) articles – Page 6
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AnalysisAnalysis: Forget fast fashion, is slow fashion the future?
As modern slavery allegations blight the world of fast fashion and the world pauses to think about the impact of consumerism in lockdown, is this the turning point to change the fashion industry for the better?
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NewsH&M to shut 170 stores globally this year
H&M will close 170 stores across its stable of brands by the end of this year in reaction to the coronavirus pandemic and its knock-on effect of fashion sales.
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NewsH&M sales slip but retailer predicts imminent recovery
H&M reported that its sales slumped during the first half of the year as the effects of the pandemic bit, but predicted that a recovery was on the horizon.
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AnalysisDeep dive: Store closures, DTC and the death of the suit – what next for fashion retail?
No retail category has been hit worse by the coronavirus outbreak than fashion. The pandemic has not only upended supply chains – it has obliterated consumer demand. Retail Week looks at the future for this embattled retail sector.
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NewsH&M sales halved during lockdown as retailer eyes reopening recovery
H&M’s sales collapsed by more than a half in the three months to May 31, but they have started to improve during the first two weeks of June as more of its international store estate reopens.
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NewsH&M sales plummet between March and May
H&M’s global sales for the second quarter of this year have plummeted amid the ongoing coronavirus pandemic.
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AnalysisAnalysis: H&M’s China sales trend offers fashion retailers coronavirus hope
With almost 4,000 of its 5,065 stores closed worldwide, H&M has been hit hard by the coronavirus outbreak affecting sales in its 54 markets.
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NewsH&M threatens to walk away from leases without post-coronavirus sales revival
Swedish fashion giant H&M has threatened landlords with walking away from store leases if they do not see a return in turnovers to pre-coronavirus levels once the pandemic passes.
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NewsCoronavirus: H&M lines up supply chain to produce protective medical equipment
Fast-fashion giant H&M has ramped up its supply chain to produce protective personal equipment for frontline medical staff battling the ongoing coronavirus pandemic.
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NewsCoronavirus: H&M sales hit as it shutters swathes of European stores
H&M will temporarily close hundreds of stores across Europe in a bid to battle the spread of coronavirus as its quarterly sales in China were hit by the pandemic.
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Future LeadersAnalysis: Seven women that are shaping the future of retail
To celebrate International Women’s Day this Sunday, we take a look at the women who are changing the retail sector.
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NewsH&M opens up supply chain to rivals in sustainability drive
H&M has launched a new global initiative that will enable competitors to use its supply chain network in a bid to “accelerate sustainable change”.
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NewsForever 21 names former H&M US boss as new chief executive
The new owners of fast-fashion retailer Forever 21 have named former H&M US president Daniel Kulle as chief executive to steer the business out of bankruptcy.
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AnalysisAnalysis: What impact will coronavirus have on global fashion retail?
What began in early January as a pneumonia outbreak in the central Chinese city of Wuhan has since been declared a worldwide health emergency. Retail Week looks at what effect the outbreak will have on retail supply chains in the region and tourism.
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AnalysisProfile: Helena Helmersson – the most powerful woman in retail
As H&M posted its full-year results today, it was revealed that veteran chair Stefan Persson is stepping down after 20 years in the role to be succeeded by his son Karl-Johan Persson.
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NewsH&M profits rise as new chief executive appointed
Fashion giant H&M has reported a rise in full-year profits and veteran chair Stefan Persson is to stand down after two decades in the role.
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AnalysisAnalysis: The biggest hires and fires of 2019
As 2019 draws to a close, Retail Week takes a look back at all the hires and fires that have made shockwaves in the retail sector this year.
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NewsH&M sales rise as it eyes return to profit growth
H&M has posted an uptick in fourth-quarter sales as the group remained on track to deliver an increase in full-year profits for the first time in four years.
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AnalysisCan middle-market players capitalise on second-hand fashion?
The second-hand clothing market is booming. Retail Week looks at how some retailers are already taking advantage of this growing trend and why it’s important to get on board.
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NewsH&M quarterly profits rise for first time in two years
H&M has posted its first rise in quarterly profits for more than two years as digital investments and strong demand for its summer collections bore fruit.