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Tag: Hennes & Mauritz

H&M Q2 Pretax Profit Shrinks
Apparel and Textile News Trade Info News

H&M Q2 Pretax Profit Shrinks

Swedish fashion retailer Hennes & Mauritz (H&M) posted a profit fall for the March-May period roughly in line with forecasts, and said sales in June 1 to 21 were up seven per cent in local currencies. Dented by currency translation effects and markdowns, pretax profit in H&M’s fiscal second quarter fell to 7.00 billion crowns […]

H&M Sales Below Expectations
Apparel and Textile News Retail News

H&M Sales Below Expectations

Hennes & Mauritz ( H&M ) the world’s second-biggest fashion retailer, reported a 12 per cent year-on-year rise in October sales in local currencies today, just below expectations. The mean forecast in a Reuters poll of analysts had been for a 13 per cent rise in October, the second month of its fiscal fourth quarter. […]

H&M
Apparel and Textile News Apparel Brands and Companies Global News Retail News

New Denim Styles From Recycled Cotton By H&M

Hennes & Mauritz (H&M), Swedish multinational retail-clothing company, will introduce a total of 16 new denim styles that incorporate recycled cotton from textiles collected in through its in-store Garment Collecting Initiative. The denim pieces include men’s, women’s and child’s styles, and they will be available in stores worldwide and online. H&M is keen to prove […]