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H&M initiates measures to improve workers’ condition

Among the several steps taken by H&M to improve condition of workers at its supplier factories, ensuring the formation of trade unions for collective negotiation has been the major goal. To achieve this, H&M is training factories on negotiation skills, cooperation at the workplace, collective bargaining and labour law. The Swedish fast fashion brand facilitates dialogue between the employers and workers at the factories and in the labour market in countries where its products are […]

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H&M becomes first international fashion brand to join EP100

H&M has become the first international fashion brand to join EP100 since its launch in May 2016. The company is now part of a global collaborative initiative that consists of nine other major leading businesses such as Woolworths, Land Securities, Dalmia Cement, Swiss Re, and Johnson Controls. After joining EP100, it has committed to doubling its energy productivity by 2030. EP100 is a global campaign led by The Climate Group that encourages the world’s most […]

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H&M opens first store in Colombia

H&M, the Swedish multinational fast fashion brand, has inaugurated its first store in Colombia. The inaugural store opened its doors to their Colombian fans for the very first time in Bogota at Centro Commercial La Colina on May 6. More than 3,000 shoppers eagerly waited for the inauguration. The new store opening was highly anticipated with locals queuing from 2:00 pm two days before to get the first glimpse of one of the world’s largest […]

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H&M announces sales development for April 2017

Swedish fashion brand H&M’s Group sales including VAT has increased by 7 per cent in local currencies in the month of April, 2017 compared to the same month in the previous year. The total number of stores of the brand totalled 4,474 as on 30 April, 2017 as against 4,035 stores on 30 April 2016. H&M was founded in the year 1947. Its business concept is to offer fashion and quality at the best price […]

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Mexico prepares to be the next luxury destination; showcases strong growth year-on-year

Always playing second fiddle to luxury markets such as that of Brazil, Mexico is getting its due recognition not just by luxury brands, but also by industry experts who are looking at Mexico’s luxury market as one having the most promising growth potential in the next five years. Despite international factors having some impact on the Mexican economy, including the devaluation of the Mexican peso against the US dollar, the retailing environment has remained steady […]

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Fashion brands H&M, KappAhl, Lindex team up for a sustainable cause

Leading fashion brands H&M, KappAhl and Lindex have come together for a sustainable cause and to combat a problem the whole retail world is facing at large. The common goal they are working towards here is to fight against the use of plastic bags and significantly reduce their consumption as well as create an augmented awareness about their negative environmental effects. After the European Union issued a directive to reduce the consumption of plastic bags, […]

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Zara Larsson to design a capsule for H&M

Having worked with Chance The Rapper in 2016 and The Weeknd in February this year, Swedish fashion retail giant H&M is not above tapping into the hottest musicians in pop culture. Following the same route, the fast-fashion retailer brings in platinum record selling Swedish pop sensation, Zara Larsson to design a limited edition capsule collection revolving around her personal style. The collection is designed with a “strong theme of empowerment and feminism” which essentially translates […]

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Fashion brand H&M named ‘Top Global Employer’: Report

Swedish fashion brand Hennes & Mauritz (H&M) has been named as Top Global Employer in Business of Fashion’s first ever annual report on The Best Companies to work for in Fashion in 2017. Karl-Johan Persson, CEO, H&M Group stated, “Working at H&M was not just a job but a long-term fashion career for those in the fashion industry. Our colleagues are our greatest strengths that contributed to our success and growth.” The report by Business of Fashion provides an objective […]

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H&M revives its India strategy, plans to open a store every month

In view of rising competition from global rivals like Zara and GAP in India, Swedish fashion retailer Hennes & Mauritz (H&M) is moving towards expansion plan in the country. The retailer is planning to increase its sales by opening brick and mortar stores. It aims to add six to eight over stores by the end of this year. H&M has started 16 stores since it ventured into Indian market 18 months ago. “Worldwide, sales through […]

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H&M notes sales surge of 7% in March 2017

The Swedish multinational fast fashion retailer H&M Group’s sales including VAT during one month period ended March 28 increased by 7 per cent in local currencies compared to the same period last year. Sales in March, April and May should be viewed together, partly because the Easter holiday falls in different months in different years and partly because the weather during this period can vary greatly from year to year, the fashion brand said in […]

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H&M to enter small Indian cities

“In terms of potential, it (India) is definitely in the top three markets, with more than a billion people living and the country growing. If we continue to do well, we will enter smaller cities in India like we have done in other countries,” said Karl-Johan Persson, CEO, H&M Group. The Swedish multinational fast fashion retailer plans to invest 100 million in India in the first five years. It has 14 stores in India in Mumbai, […]

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H&M, IFC join hands to boost use of renewable energy in garment industry

A joint partnership has been launched by H&M, the Swedish multinational fast fashion retailer, and IFC, a member of the World Bank Group to boost the use of clean, renewable energy in the garment industry, while also slashing greenhouse gas emissions. “H&M will partner with IFC to guide its strategic tier one and two suppliers in China, India and Bangladesh in adopting renewable energy solutions, thereby improving environmental sustainability within the H&M global supply chain,” […]

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H&M unveils sustainability goals: Here are the Key Points

H&M, the Swedish multinational fast fashion retailer, has announced its sustainability goals. The fashion brand has decided to use only recycled or other sustainably sourced materials in all its products by 2030. In 2016, this share was 26 per cent. The fashion company gradually takes steps towards this goal and its vision to become fully circular. It is globally the biggest user of cotton certified by the Better Cotton Initiative. It is also one of […]

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H&M in 2016: 5 points you may not like to miss out on

1. The H&M Group has 4,351 stores in 64 countries and e-commerce presence in 35 markets across the globe. The fashion brand is on top with 3,962 stores while the Group’s other brands like COS has 195; Monki 118; & Other Stories 45; Weekday 28; and Cheap Monday has 4. 2. In 2016, the Group’s total sales including VAT totalled SEK 223 billion; up 6 per cent when compared to 2015. Its profit after financial […]

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H&M confirms new brand launch

Fashion retail industry’s giant H&M is bringing a new brand called ‘Arket’ to the mass market. The new brand, which will sell womenswear, menswear, kids wear as well as home products, is set at a higher price point compared to the Group’s namesake label and will focus on creating simple timeless classics. The move confirms their announcement from last year regarding the announcement of the launch of one or two brands in 2017. Also Read […]

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