All H&M (Hennes & Mauritz) articles – Page 4
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News
H&M bounces back to profitability in first half
Swedish fashion giant H&M has returned to profitability in the first half of the year after enduring a bruising 2020 due to the coronavirus crisis.
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Analysis
Analysis: Could sustainability labels spark a better future for fashion?
As H&M becomes the first major retailer to add sustainability credentials to individual items of clothing in partnership with the Sustainable Apparel Coalition (SAC), Retail Week explores what the move could mean for the fashion industry.
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News
H&M sales rise despite European closures
H&M recorded strong sales in the second quarter despite the impact of the pandemic on various markets.
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News
H&M’s online second-hand fashion store expands across Europe
Sellpy, the second-hand platform backed by fashion giant H&M, is to launch in 20 European countries.
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Retail Navigator Analysis
H&M Group (Overview)
H&M Group is the world’s second-largest fashion retailer after Inditex, and the UK is its third-largest market. The retailer trades through various fascias with slightly different target markets. In the UK, this consists of around 265 outlets across the H&M, Cos, & Other Stories, Monki, Weekday and Arket brands. The group also operates the Afound discount marketplace in Sweden and the Netherlands as well as second-hand platform Sellpy.
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Retail Navigator Analysis
H&M Group (SWOT)
While the core H&M business is approaching maturity in the UK, there is still scope for further expansion of some of the company’s newer formats such as Cos, Weekday and Arket, which appear to have become a recent focus.
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Retail Navigator Analysis
H&M Group (Strategy)
H&M sells through a range of different fascias including H&M, Cos, & Other Stories, Arket and Monki. Digital investment is paying off with the retailer becoming a market leader in innovation.
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Retail Navigator Analysis
H&M Group (Financials)
H&M Group saw its sales climb 5.6% to SEK 236.0bn (£17.94bn) for the year ending 30 November 2023 (FY2023). Sales excluding Russia and Belarus rose 8% on a reported basis.
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Opinion
‘Green is the colour of money as eco credentials shape financier sentiment’
Sustainability has been climbing up the retail industry’s agenda for years and a raft of recent financing deals shows it has now well and truly taken centre stage.
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News
H&M angers Vietnam in bid to appease China
H&M has found itself the subject of another boycott, after its attempts to win back China upset Vietnam.
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News
Watch: H&M incentivises sustainable behaviours with green loyalty points
H&M has introduced points for loyalty club members to reward them for making more sustainable choices.
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News
H&M seeks to ‘regain trust’ in China following Xinjiang row
Fashion giant H&M has insisted it remains committed to trading in China and hopes to defuse a row over forced labour allegations that have led to a backlash against the retailer.
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Analysis
China boycotts H&M: Will Western brands have to choose between ethics and profits?
Tensions between China and the West reached boiling point last week as several countries, including the UK, imposed sanctions over human rights abuses against Uighur Muslims and retail found itself caught in the crossfire.
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News
Nike and H&M face China backlash in Uighur forced labour row
Fashion giants Nike and H&M face boycott demands from Chinese consumers after expressing concern over allegations of forced labour in cotton production.
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Analysis
From catwalk to high street: is genderless fashion the future?
Not only did London Fashion Week go digital this year, it went genderless – but what could that mean for fashion retail?
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Analysis
IWD: Nine women leaders to watch in 2021
On International Women’s Day, we look at the women leading companies big and small that the industry should be watching this year
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Analysis
In pictures: Five sustainable initiatives that will wow you
From leather made from mushrooms to clothes-recycling machines and packaging that can be planted to leave green-fingered shoppers with some flowers and herbs after their purchase, Retail Week explores some of the most awe-inspiring sustainability initiatives in the industry.
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Analysis
H&M boss Helena Helmersson: Our post-pandemic recovery plan
Fashion giant H&M has been battered by coronavirus, with swathes of its global store estate shut and profits plummeting. Chief executive Helena Helmersson reveals how the group plans to rebound in 2021.
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News
H&M profits tumble as Covid-19 batters sales
H&M has suffered a slump in full-year profits and sales as the coronavirus crisis battered its top line.
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Analysis
Green-thinking or greenwashing: Have retailers met their sustainability targets?
With sustainability becoming more important to consumers, retailers across the board have started making bold statements and setting out ambitious goals – but are they real or just for show? Retail Week investigates.