H&M Seeks Rent Reductions from Landlords Amid Increasing Returns
H&M is in talks with landlords over rent reductions, seeking "total occupational deals" linking rent to sales and deducting...
H&M
H&M Reports 11% Increase in Q2 Sales, Shares Drop Amid Continued Challenges
In a recent Q2 report, fashion giant H&M saw an impressive 11% rise in net sales to 57.4bn Swedish...
H&M Closes Cheap Monday Brand Amid Declining Sales
H&M is shutting down its Cheap Monday brand due to declining sales and profits, focusing on its core business...
H&M Invests £15m in Klarna for Seamless Retail Experience
H&M has invested £15 million in fintech company Klarna, acquiring a less than 1% stake in the firm as...
H&M Reports 9% Sales Increase and Highest Share Growth in 17 Years
In a surprising turnaround, H&M's group sales have surged by 9% in Q3, marking their highest share increase in...
H&M Faces 22% Profit Drop and Inventory Issues
H&M reports a 22% drop in profits before taxation, citing weak sales and stockpiling issues as key factors. CEO...
H&M Fails to Meet Sales Expectations in Q2
Swedish fashion giant H&M has missed its sales expectations for Q2, reporting a 3.6% shares decrease and unchanged sales...
H&M Adjusts Clothing Sizes Following Customer Complaints
H&M faces backlash for its small clothing sizes, with customers taking to social media to complain about ill-fitting garments....
Clothing Retailers Ban Mohair Over Alleged Animal Cruelty in PETA Investigation
In a shocking revelation, clothing giants Arcadia Group, H&M, and Inditex have banned the use of mohair in their...
Retail Job Crisis: Over 21,000 Jobs Lost or Threatened in Q1
In the first three months of this year, over 21,000 jobs have been lost or put at risk due...