H&M

H&M earnings slump on restructuring costs, garment inflation

Hennes & Mauritz AB said burgeoning energy, freight and garment prices nearly wiped out the Swedish clothing retailer’s profit in…

2 months ago

H&M to cut 1,500 jobs worldwide

STOCKHOLM, Sweden | Swedish fashion retailer H&M said Wednesday it would cut some 1,500 jobs worldwide as a result of…

4 months ago

Esprit plans Asia comeback with fast fashion departure

ESPRIT Holdings Ltd, the once high-flying Hong Kong fashion retailer before it tumbled into years of losses, is planning a…

8 months ago

H&M Revenue Growth Slows Down Due to War in Ukraine

by BLOOMBERG HENNES & Mauritz AB reported a sudden slowdown in sales growth, becoming one of the first retailers to…

12 months ago

Virus crisis slashes H&M 2020 earnings

by AFP STOCKHOLM – High street fashion icon H&M said Friday the coronavirus pandemic had slashed its 2020 net profit…

2 years ago

H&M’s new CEO gets tough with plan to eliminate 5% of stores

STOCKHOLM • Hennes & Mauritz AB (H&M) CEO Helena Helmersson is getting tough in her first year running the Swedish…

2 years ago

H&M cuts ties with Chinese supplier over accusations of ‘forced labour’

STOCKHOLM • Swedish clothing giant Hennes & Mauritz AB (H&M) said on Tuesday it was ending its relationship with a…

3 years ago

KL East Mall to open its doors on Nov 25

by BERNAMA/ pic credit: FACEBOOK KL East Mall, Sime Darby Property Bhd’s first wholly owned retail mall, is expected to…

3 years ago

Foreign retailers likely to withstand Covid-19 effects in Malaysia

Most giant retailers like Zara, Uniqlo and H&M are financially strong and have more sustaining power by S BIRRUNTHA/ pic…

3 years ago

Fast-fashion retailer Forever 21 files for bankruptcy

by AFP/ pic by AFP LOS ANGELES - Global fast-fashion retailer Forever 21 said it was filing for voluntary bankruptcy…

3 years ago

H&M shares fly off the shelves on quarterly results

by AFP/ pic by AFP Shares in Hennes and Mauritz surged on Thursday, boosted by quarterly results pointing to a…

4 years ago

H&M hires Cambridge Analytica whistleblower Wylie for 
AI work

STOCKHOLM • Hennes & Mauritz AB (H&M) has hired Christopher Wylie (picture), the whiste blower who exposed the Cambridge Analytica…

4 years ago

H&M chair’s buying spree triggers stock reversal

By BLOOMBERG STOCKHOLM • Hennes & Mauritz AB (H&M) chairman Stefan Persson may be single-handedly propping up shares in the…

5 years ago