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H&M Expands Footprint: Unveils 62nd Store in Kochi, India

Fast fashion retailer H&M opened its second Kochi store and which is its 62nd outlet in India. The new store is located at Prestige Forum Mall in Kochi, while the first in Kochi is located in Edappally. “Starting the new Indian fiscal year with a boom! H&M just opened its second store in Kochi at […]

appareladmin
April 17, 2024
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H&M has launched its own e-commerce platform

The global fashion retailer is now focussing to enter small Indian cities by opening the majority of its stores are located in metro cities. Sweden-based fashion retailer Hennes & Mauritz (H&M) has started its own e-commerce operations in India on March 15, 2018. “India has now become the 45th global market where H&M has started […]

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March 16, 2018
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H&M Plans To Open Stores In Smaller Towns

India is among the top potential markets for Swedish fashion company Hennes & Mauritz, which plans to open stores in smaller towns as growth continues in the country. “In terms of potential, India is definitely in the top three markets, with more than a billion people living and the country growing,” H&M Group CEO Karl-Johan […]

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April 6, 2017
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576 Views

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 […]

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June 22, 2016
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377 Views

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Major Attempt To Improve Labour Conditions

Swedish fashion retailer Hennes & Mauritz (H&M) said it was collaborating with trade unions, government as well as the U.N. to improve Labour conditions after a study found violations in garment factories in India. The study by the Asia Floor Wage Alliance (AFWA) found workers stitching clothes for H&M in factories in Delhi faced problems […]

appareltalk
May 23, 2016
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H&M Sees India A Great Potential For Growth

Swedish fashion retailer Hennes & Mauritz (H&M) which has plans to invest 100 million Euros (about Rs 700 crore), also said it sees “a great potential for future growth in the online space” in India. “We do see India as an important part of our global expansion. We aim to grow with our business concept […]

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April 4, 2016
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Stores By H&M In Mumbai This Autumn

Swedish international retailer Hennes & Mauritz AB (H&M) will open two stores in Mumbai this autumn, the company in a statement said. The H&M stores at High street Phoenix and Phoenix Marketcity will be spread over 30,000 sq.ft. and 37,000 sq.ft. respectively and will be full concept H&M stores offering apparels for men, women, teenagers […]

appareltalk
March 25, 2016
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432 Views

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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. […]

appareladmin
November 16, 2015
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342 Views

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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 […]

appareltalk
August 26, 2015
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Swedish Retailer To Open Its First Store In India

H&M, one of the world’s largest fashion retailers, known for offering fashion and quality at the best price in a sustainable way, will open doors to its first Indian flagship store in New Delhi this autumn, the Swedish retailer said in a statement. Embracing a retail area of over 25,000 sq. ft, the first H&M […]

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June 3, 2015
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16.74% Lift In H&M Sales

One of the biggest global apparel retailers and Sweden based H&M Group has lifted its net sales 16.74 per cent year on year in the fourth fiscal quarter ending November 30 last. As per provisional figures, for the fourth quarter the brand recorded net sales at SEK 42,605 million as against SEK 36,495 million in […]

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December 17, 2014
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H&M’s sales up 14 per cent in October

H&M (Hennes & Mauritz), the world’s second-biggest fashion retailer, posted a 14 per cent rise in October sales from a year ago, beating forecasts. Analysts poll had on average predicted a 10 per cent rise. The Swedish budget fashion firm, which has the bulk of business in Europe, has said that in September, when sales […]

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November 18, 2014
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