March 16, 2020
Via: The Business of FashionH&M group has temporarily shuttered stores across large parts of Europe, as governments take extraordinary measures to try and contain the escalating coronavirus pandemic. The closures signal more pain ahead for retailers, already suffering the aftershock of a widespread shut […]
February 3, 2020
Via: ChargedH&M is planning to reposition its 5000-plus store estate into logistics hubs focusing on “digital growth” as its new management aims to shake things up. Last week the world’s second largest fashion retailer H&M revealed a major shake-up of its […]
April 1, 2019
Via: Retail DiveAfter a bruising battle last year with an excess inventory pile that forced markdowns and threw its fast-fashion approach into question, H&M has managed to reverse course. “Our ongoing transformation work has contributed to stronger collections with increased full-price sales, […]
February 1, 2019
Via: Retail DiveH&M’s belated move to digital sales and data-based design is costing the apparel retail group. The company is climbing a learning curve. CEO Karl-Johan Persson cited “difficulties with the logistics upgrade” in some markets earlier in 2018, which led to […]
July 10, 2024
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