Advertise with fastmoving.co.za
 
 

H M NEWS ON FASTMOVING

Subscribe to h m

H&M’s sales growth fails to ease investors concerns about margin pressure

H&M’s sales growth fails to ease investors concerns about margin pressure

18/06/2019 - 15:41
Fashion retailer H&M reported sales grew for a fourth straight quarter, but also hinted it had needed to invest more to boost its online business, disappointing investors already concerned about margin pressure. read more
H&M lists garment suppliers on app to tackle worker abuses

H&M lists garment suppliers on app to tackle worker abuses

25/04/2019 - 10:26
Fashion brand H&M has become the first major retailer to list individual supplier details for each garment on its website to increase transparency in an industry with high risks of slavery and labour abuses.  read more
H&M confirms commitment to SA economy with new store openings, several local partnerships

H&M confirms commitment to SA economy with new store openings, several local partnerships

27/03/2019 - 14:47
Despite a subdued outlook for the South African retail sector in 2019, global fashion retailer H&M has firmly underlined its ongoing commitment to the local retail market with the announcement of two store openings scheduled in upcoming weeks, this along with several local partnerships placing strong emphasis on the brand’s ongoing sustainability work.  read more
Three quarters in a row of sales growth for H&M

Three quarters in a row of sales growth for H&M

15/03/2019 - 14:26
Sweden’s H&M, the world’s second-biggest fashion retailer, posted local-currency sales growth for its fiscal first quarter that matched analysts’ forecasts, on Friday, while net sales were slightly higher than expected. read more
H&M shutting down Cheap Monday brand

H&M shutting down Cheap Monday brand

28/11/2018 - 16:37
H&M, the world's second-biggest fashion retailer, said that it would close down its struggling independent brand, Cheap Monday. read more
H&M adopts paper bags amid war on plastic

H&M adopts paper bags amid war on plastic

29/10/2018 - 16:01
H&M is the latest major retailer to join the war on plastic by announcing plans to ditch plastic bags altogether and make paper bags the norm.  read more
Black Friday to be 'bigger than ever' in SA, retailers promise

Black Friday to be 'bigger than ever' in SA, retailers promise

29/10/2018 - 09:17
South African retailers are planning to pull out all the stops to make this year's Black Friday the biggest one-day discount sale the country has seen. read more
H&M on the mend after outcry over racist advert

H&M on the mend after outcry over racist advert

09/10/2018 - 14:23
The Human Rights Commission says the retailer co-hosted a workshop with the Anti-Racism Network of SA to develop a deeper understanding of the offence the garment provoked. read more
Out of fashion? H&M tests new store to get back in vogue

Out of fashion? H&M tests new store to get back in vogue

26/09/2018 - 09:26
Step into one of the more than 4 300 H&M budget fashion stores around the world and you often know what to expect: clothes racks crammed with tops, trousers and skirts in a spartan and sometimes cluttered environment. read more
H&M sales beat estimates with boosted discounts

H&M sales beat estimates with boosted discounts

17/09/2018 - 13:17
Hennes & Mauritz’s sales beat the highest analyst estimate as the Swedish fashion retailer offered discounts to clear out inventory and received a boost from the weak krona. read more
H&M plans further price cuts as it struggles to get a handle on unsold stock

H&M plans further price cuts as it struggles to get a handle on unsold stock

29/06/2018 - 15:08
H&M plans to cut prices further as supply problems hamper the Swedish company’s ability to respond to fast-changing fashion demand, swelling its stockpiles of unsold clothing. read more
H&M looks to SA as potential clothing supplier

H&M looks to SA as potential clothing supplier

22/05/2018 - 14:12
H&M is looking at SA as a potential supplier, with executives from the world’s second-largest clothing retailer visiting some of the country’s main cities.  read more
H&M set to cut dividend for first time next year

H&M set to cut dividend for first time next year

03/05/2018 - 13:49
In an unprecedented move, it’s thought Hennes & Mauritz (H&M) will cut its dividend for the first time ever next year as the retailer struggles to get shoppers in stores. read more
H&M, Adidas and M&S ranked among most transparent fashion brands

H&M, Adidas and M&S ranked among most transparent fashion brands

23/04/2018 - 09:43
Five years on from the Rana Plaza disaster, lobby group Fashion Revolution has published a report on the supply chain transparency of the top 150 biggest fashion brands. read more
H&M's pile of unsold garments grow as earnings plunge

H&M's pile of unsold garments grow as earnings plunge

28/03/2018 - 08:33
Swedish fashion retailer Hennes & Mauritz said it’s increasing markdowns this quarter after accumulating a record pile of unsold garments worth more than $4bn. read more
H&M reports biggest profit drop in six years

H&M reports biggest profit drop in six years

31/01/2018 - 12:05
Hennes & Mauritz reported its biggest drop in profit in six years, adding pressure on CEO Karl-Johan Persson, who is trying to right the ailing Swedish clothing chain after recent slip-ups. read more
H&M must ‘invest in building bridges’ after racial blunder‚ says communication expert

H&M must ‘invest in building bridges’ after racial blunder‚ says communication expert

15/01/2018 - 15:48
Swedish multinational clothing-retail company H&M would have to "invest in building bridges" after its blunder involving a racially offensive hoodie‚ says inter-cultural communication expert Jette Kristiansen. read more
H&M could be planning new online outlet store

H&M could be planning new online outlet store

05/01/2018 - 14:16
Reports have emerged that H&M may be planning to launch an online outlet platform which sells a variety of brands at discounted prices. read more
H&M: from rags to renewable energy source in Sweden

H&M: from rags to renewable energy source in Sweden

24/11/2017 - 16:06
Burning discarded clothing from retail chain H&M is helping a Swedish power plant replace coal for good. read more
H&M denies incinerating tonnes of unsold usable clothing

H&M denies incinerating tonnes of unsold usable clothing

20/10/2017 - 14:13
H&M has been accused of burning tonnes of unsold items every year, flying in the face of its widely-publicised sustainability drive. read more
H&M profits drop & sales slow down

H&M profits drop & sales slow down

17/10/2017 - 09:40
H&M has recorded a 20 per cent fall in its third-quarter profit despite a rise in sales, as summer discounts hurt margins. read more
H&M profits drop & sales slow down

H&M profits drop & sales slow down

29/09/2017 - 13:41
H&M has recorded a 20 percent fall in its third quarter profit despite a rise in sales, as summer discounts hurt margins. read more
H&M increases local footprint

H&M increases local footprint

21/08/2017 - 10:27
Swedish clothing retailer H&M is expanding rapidly in South Africa – it is set to open six more stores by the end of November, and is also scheduled to launch more outlets next year, H&M SA country manager Par Darj told City Press in Cape Town. read more
H&M poised to open giant Canal Walk store as it settles in for long haul after finding its feet

H&M poised to open giant Canal Walk store as it settles in for long haul after finding its feet

17/07/2017 - 14:30
As consumer confidence plumbs depths not seen since 1982, Swedish fashion giant H&M is set to open a 4,600m², two-level temple to shopping in Canal Walk in November as part of six more store openings before year-end. That will take it to 17 stores in just two years’ operation in SA. Business Day asked H&M South Africa country manager Pär Darj if the retailer is overextending itself. read more
H&M to open six more stores in SA

H&M to open six more stores in SA

06/07/2017 - 09:09
Swedish retailer H&M plans to open another six stores in SA before the end of 2017 as it extends its reach in the country. read more
H&M outpaces its slower rivals

H&M outpaces its slower rivals

30/06/2017 - 09:48
Swedish fashion chain H&M continued its winning streak in SA, growing interim sales 32% in rand terms. read more
H&M’s biggest UK store now open

H&M’s biggest UK store now open

08/05/2017 - 10:11
Fashion retail giant H&M has officially opened the doors of its biggest store yet in its UK and Ireland market at Westfield Stratford City in east London. read more
H&M unveils new brand as it seeks to revive profit

H&M unveils new brand as it seeks to revive profit

12/04/2017 - 14:50
Hennes & Maurita announced the addition of its first new store brand in three years as the Swedish fashion retailer seeks to revive sales in key European markets. read more
Apparel Retail dressed for sales success

Apparel Retail dressed for sales success

10/04/2017 - 14:35
Local clothing outlets are feeling the effects of foreign chains’ attraction for SA consumers. read more
H&M pledges to use 100% recycled materials by 2030

H&M pledges to use 100% recycled materials by 2030

05/04/2017 - 10:14
The H&M Group has made a landmark pledge to use 100 percent recycled or sustainably sourced materials in its products by 2030. read more
H&M sales rise in SA bad news for local retailers

H&M sales rise in SA bad news for local retailers

31/03/2017 - 11:40
The retailer's sales increased 39% in rand terms from the nine stores it has in operation read more
H&M renews global multi-year contract with Nedap

H&M renews global multi-year contract with Nedap

02/03/2017 - 11:46
Nedap has renewed the global agreement with Hennes & Mauritz (H&M), one of the world's largest fashion retailers, for the supply of intelligent article surveillance systems. The multi-year contract encompasses the supply and installation of Nedap’s !Sense hardware and tags for new stores and refurbishments. read more
H&M unveils new Conscious Exclusive collection using recycled shoreline waste

H&M unveils new Conscious Exclusive collection using recycled shoreline waste

10/02/2017 - 12:15
The Conscious Exclusive” collection continues H&M's efforts to forge a more sustainable fashion future: About 20% of its products are now made from more sustainable materials, with the company pledging to increase that percentage each year moving forward.  read more
H&M targets expansion in SA

H&M targets expansion in SA

02/02/2017 - 09:53
Hennes & Mauritz says it has an aggressive expansion strategy in place to expand on strong sales in SA. read more
H&M to debut shoppable runway show at Paris Fashion Week

H&M to debut shoppable runway show at Paris Fashion Week

30/01/2017 - 12:24
For the first time, H&M shoppers will be able to purchase merchandise straight on the runway.  read more
H&M criticized for young workers, forced overtime in Myanmar factories

H&M criticized for young workers, forced overtime in Myanmar factories

23/08/2016 - 09:14
Fast-fashion retailer H&M had apparel produced in Myanmar factories where children as young as 14 worked more than 12 hours a day, according to a new book, “Fashion Slaves,” being published in Sweden next week. read more
International brands make Menlyn Park Shopping Centre their home

International brands make Menlyn Park Shopping Centre their home

18/08/2016 - 14:49
Pretoria, 18 August 2016 – Zara, Hamleys toy store, Krispy Kreme doughnuts and H&M clothing are just four major international brands that will soon be opening their doors in Menlyn Park Shopping Centre in Pretoria. The centre, which is undergoing a R2-billion redevelopment due for completion later this year, will become the largest in Africa, with over 500 shops and a gross lettable area of 177 000 m2. read more
Fast-fashion giant’s ambitious plans include 425 new stores - Sweden

Fast-fashion giant’s ambitious plans include 425 new stores - Sweden

07/04/2016 - 09:27
Swedish retailer H&M will opens its 4 000th store as its expands its global footprint and ramps up e-commerce in 2016. read more
H&M eyeing new markets - Sweden

H&M eyeing new markets - Sweden

29/01/2016 - 11:40
Stockholm - Swedish clothing giant Hennes and Mauritz (H&M) on Thursday (28 Jan) reported a jump in net profit last year and announced plans to expand further into new markets, including online. read more
H&M to open two new retail formats in U.S.

H&M to open two new retail formats in U.S.

28/03/2014 - 14:01
New York -- Swedish fast-fashion retailer H&M said on Thursday it will debut two of its newer retail formats, COS and & Other Stories, in the United States this year. read more
H&M to open first store in India

H&M to open first store in India

17/02/2014 - 08:55
Stockholm - Swedish clothing retailer Hennes & Mauritz (H&M) said Wednesday it planned to open its first store in India in 2014. read more
H&M to open its largest store to date, in New York’s Herald Square

H&M to open its largest store to date, in New York’s Herald Square

02/09/2013 - 10:15
New York -- Swedish fast-fashion giant H&M will open its largest location to date, a 63,000-sq.-ft. flagship in New York City’s bustling Herald Square. Scheduled to open in fall 2014, the four-level store will be located in Herald Center, a JEMB Realty property. The landlord’s broker is CBRE. read more
H&M to launch a store in SA - report

H&M to launch a store in SA - report

23/07/2013 - 10:26
Stockholm - The world's second-biggest fashion retailer, Hennes & Mauritz, has signed its first lease to open a store in South Africa, according to a press report.  read more
Textile companies to fund Bangladesh measures

Textile companies to fund Bangladesh measures

16/05/2013 - 10:24
Madrid - At least 24 retail companies, including Hennes & Mauritz and Inditex, have agreed to improve safety at Bangladeshi textile factories by contributing up to 2.5 million dollars each towards that goal.  read more
H&M releases list of RMG supplying factories including those of Bangladesh

H&M releases list of RMG supplying factories including those of Bangladesh

29/04/2013 - 09:51
H&M, the world's second-largest global clothing retailer, made the list of all its supplier-factories public. The list including the factories of Bangladesh, aims to contribute to building a more transparent and, ultimately, a more sustainable 'fashion industry'. read more
Global trend in pop-up shops hits Cape Town’s streets

Global trend in pop-up shops hits Cape Town’s streets

10/08/2012 - 12:27
In line with global trends, pop-up or flash retail stores have hit the streets of Cape Town, and are proving to be a key tool for businesses wanting to gauge different locations and build a market.  read more
Cotton price and labour costs weigh on H&M's profitability

Cotton price and labour costs weigh on H&M's profitability

31/01/2012 - 09:06
Hennes and Mauritz, Europe's second-largest clothing retailer, continues to struggle to counter the cost of making garments after reporting a fifth consecutive drop in quarterly profit. read more