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Tag: Swedish fashion

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 to debut in Chennai, Pune
Apparel and Textile News Retail News

H&M to debut in Chennai, Pune

Swedish fashion retail giant H&M will debut in Chennai and Pune later this year after establishing its India presence in Delhi-National Capital Region, Mumbai and Punjab. The Chennai store will have its first H&M sprawling over 34,500 sq.ft at Express Avenue Mall, while two locations have been confirmed for stores in Pune – at Phoenix […]

Opening Of H&M Store In Noida
Apparel and Textile News Retail News

Opening Of H&M Store In Noida

Bollywood actress Parineeti Chopra on Saturday hosted the grand opening of the first store of Swedish fashion retail giant H&M in Noida, its fifth in the country. The store, spread over 37,000 sq. ft, is located at the DLF Mall of India. It is the 4,000th store for H&M across the 61 markets that it […]

Strong Growth By H&M
Apparel and Textile News Global News

Strong Growth By H&M

Swedish fashion retailer H&M AB said its third-quarter sales grew nearly 20 per cent as the company grabbed more market share, with plans for further expansion. Net profit remained flat at 5.30 billion kronor largely because of increased costs caused by a strong dollar, while revenue surged to 46 billion kronor from 38.8 billion a […]

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