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GAP struggles to boost sales in India

US-based apparel retailer GAP Inc., which has a franchise agreement with textile and apparel major Arvind Lifestyle Brands, has been struggling to boost sales in India. Despite being in the India market for the last two years, the apparel brand is yet to have a grip over customers in the country. According to reports, H&M has given tough competition to the retailer since its launch in Indian market in in October 2015. GAP currently has […]

March 29, 2017

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H&M opens first store in Kazakhstan

H&M, the Swedish multinational fast fashion retailer, has last week inaugurated its first store in Kazakhstan. A long queue lined up a night before the shopping centre’s doors were thrown open. The H&M 2-floor store in size of more than 3,000 sq. m. at MEGA Alma-Ata features the full assortment of the brand including ladies, men’s, kids, accessories, lingerie and shoes. H&M offers a variety of the latest, affordable fashion trends as well as timeless […]

March 21, 2017

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H&M among world’s most ethical companies: Ethisphere

H&M, the Swedish multinational fast fashion retailer, has made it to the list of 124 companies spanning five continents, 19 countries and 52 industry sectors as the 2017 World’s Most Ethical Companies honourees. The list was announced by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices. “It’s a great honour for H&M to be named one of the world’s most ethical companies. Our commitment to be ethical […]

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H&M notes growth in sales

H&M, the Swedish multinational fast fashion retailer, has noted an increase of 3 per cent in sales including VAT in the month of February 2017 compared to the same month last year. During the first quarter from December 2016 to February this year, the fashion brand’s sales including VAT amounted to SEK 54,369 million (50,624), an increase of 7 per cent. Sales excluding VAT amounted to SEK 46,985 million (43,691), up 8 per cent from […]

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H&M breaking gender barriers with ‘Denim United’

H&M, the Swedish multinational fast fashion retailer, has unveiled a sustainable unisex denim collection called Denim United and breaking down traditional gender barriers. The collection will blur the borders between men’s and women’s fashion by pulling inspiration for fabrics and silhouettes from both. Denim United will feature oversized cuts and casual mix-and-match pieces including work wear jackets, overalls and slouchy shorts. The garments in the collection are made with sustainable materials such as organic and recycled […]

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Local fashion retailers get jittery as Zara, H&M enter Vietnam

H&M has confirmed the opening of its first shop in Vietnam in 2017. However, the brand still has not given any further information about the plan, including its launch, the number of stores and the venues. Few days ago, a notice about job recruitment in Vietnam was reportedly released by Manpower Group, a human resource service provider, on behalf of H&M. The fashion brand plans to employ 100 workers in Hanoi for the first shop […]

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H&M promotes digital modes of payment

Swedish fashion brand H&M is encouraging its suppliers to pay their workers digitally through mobile money or other digital forms, rather than cash, after becoming the first fashion brand to join the United Nations’ Better Than Cash Alliance. The brand aims to improve the lives of nearly 2 million workers by paying workforces digitally, thus enhancing transparency, cutting factory costs and promoting good working conditions, fair living wages and sustainable economic growth. “Digital payments are […]

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Labour dispute hampers production of H&M supplier in Myanmar

In a labour dispute, workers have destroyed the production line of a Chinese-owned factory named Hangzhou Hundred-Tex Garment (Myanmar) Company, one of H&M’s 40 suppliers in Myanmar. Demanding better conditions and benefits, workers have been on strike for a month-long period. The damage would cost around US $ 75,000. It may be mentioned here that the dispute started with a strike in late January following the sacking of a local labour union leader. The conflict […]

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H&M notes Rs. 446 crore revenue from India operations

Swedish fashion brand H&M has noted revenue of Rs. 446 crore in 2016 fiscal from its 12 functional stores in the Indian market. The global apparel retailer,as of now,has three outlets in Mumbai, four in New Delhi, three in Pune, and one in Mohali, Chandigrah. It had opened a store in Chennailast year which has also witnessed success, especially in women’s category. Following the suit, the brand is planning to open new store in Hyderabad […]

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B’desh Govt. steps in to tackle situation as brands boycott Dhaka Apparel Summit

Following five prominent apparel buyers – H&M, Inditex (Zara), C&A, Next and Tchibo deciding to pull out of the upcoming Dhaka Apparel Summit (to be held on February 25th) as a mark of protest against the arrest and alleged harassment of garment workers and labour activists post workers’ demonstration in Ashulia demanding wage hike, Bangladesh Government and garment exporters have reportedly stepped in to tackle the situation. Apart from the buyers, Ethical Trading Initiative (ETI), […]

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H&M plans proper pay structure, worker committees in garment factories

With an aim to curb exploitation of garment workers, Swedish fashion retail giant H&M is mulling to introduce elected committees and proper pay structure for those working in its main supplier factories across the world by 2018. The fashion brand sources its apparels from factories across 25 countries and indirectly employs 1.6 million garment workers, a majority of whom (64 per cent) are women. “We are working on initiatives to improve conditions of those working […]

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Fashion brands consider price-cut to woo Indian consumers

In a bid to improve market share in India and attract price-conscious Indian consumers, international fashion brands such as GAP and Zara are reducing prices of their products. GAP, one of the world’s most iconic apparels and accessories labels, is considering measures for price strategy and is in talks with its India franchisee Arvind Lifestyle Brands to produce 30-40 per cent GAP merchandise in India to be sold here. It is planning to reduce prices […]

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Shivalik Prints: A company that believes in taking challenges

Producing 50 tonnes of knitted fabric per day and processing 98 per cent of its in-house to convert into 2,00,000 knitted garments for exports by the end of the day is just not the only thing that makes Shivalik Group the largest knitting company in northern India. Apart from the available water recycling facilities, its processing units are solar equipped which generate 1.5 MW power and is headed to become the largest biologically zero-discharge apparel factory in […]

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H&M ensuring sustainable manufacturing in Myanmar

Swedish fashion brand H&M, one of the leading fashion retailers who are working efficaciously in sustainable manufacturing, is now spreading its environment-friendly work in Myanmar too. The company is actively involved in improving the working conditions and strengthen the workers’ rights in the countries where the products are manufactured for the brand. “We have a local sustainability team working in Myanmar, whose main responsibility is to make sure that every order is placed with the […]

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Delhi-NCR, a growing value-added supply chain in knitwear

With increasing focus on comfort and fitness, there has been a rise in the demand for knitwear in the global market. Products like T-shirts, polos, sportswear, undergarments and leggings are popular categories with the bigger umbrella of knitwear. While flat knits are more high-end and season-driven, circular knits have a very wide spectrum from very basic tees to specialized sportswear. India has traditionally been a woven garments industry with shirts, ladies’ blouses/dresses, shorts and skirts […]

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