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H&M to unveils its latest menswear collections by 2018

The Swedish multinational brand, H&M is proud to announce its latest collection G-Eazy x H&M, a new season menswear essentials collections selected by one of hip hop’s sharpest. Multi-platinum recording artist and producer G-Eazy has worked creatively together with H&M to develop the new season H&M pieces that define his on-point style. The G-Eazy x H&M collection drops on March 1, 2018 at H&M stores worldwide, as well as online.…
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Apparel and Textile News

Sustainable Fashion Future aimed by H&M

H&M has taken the initiative to collect the garments and provides fashion and quality in a sustainable way at the best price. H&M has associated with Keep America Beautiful, a community improvement non-profit organisation, with an aim to work towards a change in the way fashion is made and enjoy the present. H&M has collected over 40,000 tons of clothing after the launch of the initiative in 2013. H&M, through…
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Apparel and Textile News

H&M sales reported 5% increase in Q3

The Swedish multinational clothing retail company, H&M has reported a five per cent increase in its sales (including VAT) in the third quarter of the current financial year ended August 31. The sales for the fashion retailer reached SEK 59,383 million as against SEK 56,802 million in the third quarter of 2016. Sales excluding VAT amounted to SEK 51,229 million, up five per cent from last year’s SEK 48,982 million.…
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Apparel and Textile News

GAP Inc. to shut 200 Gap and Banana Republic Stores

The US-based apparel retailer, GAP Inc. has been reducing its store numbers from last few years and it is planning to close more of its underperforming Gap and Banana Republic stores. The company currently have around 2,000 Gap and Banana Republic stores globally and is likely to close around 10 per cent of them. Both Gap and Banana Republic brands have been struggling to cope with the declining sales in…
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Apparel and Textile News

Surge in sales H&M’s

The Swedish multinational fast fashion brand  H&M sales development for may 2017 including VAT increased 4 per cent in local currencies in the review period compared to corresponding  period  previous year. In the first half of the month, sales were affected by tough market conditions in several countries. However, it improved considerably in the second half. The company also released the sales development for the second quarter of the current…
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Apparel and Textile News

20-plus Stores target in India by H&M

Hennes & Mauritz AB (H&M), the Swedish multinational clothing retail company opened its 16th and first store in Hyderabad on Saturday. The company-owned outlet will occupy two floors spread over 33,000 in Orbit Mall. Company’s country manager, Janne Einola said that H&M, which entered India 18 months ago, has been doing well. It earned Rs. 194 crore with a modest profit of Rs. crore in 2015-16 through Indian operations and…
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