H&M Q1 profitability hit by weaker gross margins
H&M Q1 net sales stood at SEK55.33bn ($5.506bn) in the quarter, compared to SEK53.66bn in the prior year's quarter. The…
H&M Hennes & Mauritz AB
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Who are the 10 biggest fashion companies in the world today?
GlobalData has compiled a list of the biggest fashion companies in the world by sales (2023). While sportswear continues to…
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Former H&M executive to lead Tesco’s clothing division
Tesco explains Klamkin will be taking over from Jan Marchant who is retiring from her Managing Director Home & Clothing…
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Which fashion firms are winning the race to zero?
According to a new report from GlobalData, Nike has achieved the largest emissions reductions among fashion companies over the past…
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H&M eyes sourcing shift on looming tariffs, FY sales dip but profit up
The details were revealed in an interview between Adam Karlsson, H&M chief financial officer, and Reuters, in the wake of…
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Who are the winners and losers in the world of fashion in 2025?
In 2025, industry onlookers say a successful fashion brand will be determined by its ability to respond quickly to evolving…
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H&M invests $6.78m in Swedish firm Voyado, buys minority stake
The stake purchase follows H&M Group Ventures’, the venture capital division of the global retail giant, Skr75m ($6.78m) investment in…
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Garment manufacturing destinations tipped for success in 2025
It is widely accepted there will be an acceleration in fashion brands sourcing from countries where they have more political…
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H&M ‘confident’ of Afound success under new owner Secret Sales
Afound has been a popular off-price destination for seven years with H&M explaining that "a lot of value has been…
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H&M ‘first’ to sign deal under DPPA for green energy in Vietnam
This agreement, signed on 19 November 2024, makes H&M the first global fashion brand to sign deal under the government…
