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H&M reveals plans for Arket store in Stockholm

Fashion major H&M has announced the opening of its all-new brand – Arket’s first flagship in Stockholm, Sweden next year. This opening will be after the brand unveils its global locations in London, Brussels, Copenhagen and Munich that are slated to open later this year. Also Read – H&M to go ‘online’ in India next year The store will open in the burgeoning centre of Stockholm’s premier shopping district, Bibliotekstan and will follow the conceptual […]

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H&M to go ‘online’ in India next year

H&M, the Swedish multinational fast fashion brand, has decided to start its online operations in India by next year. The move is aimed to compete with Spanish rival Zara which will start selling online in the Indian market by the end of 2017. It is important to note that Swedish fashion brand has outshined its Spanish rival Zara in India and managed to grab the market in just one financial year what Zara took seven […]

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H&M overshadows Zara in India

H&M, the Swedish multinational fast fashion brand, has overshadowed its Spanish rival Zara in India. It managed to grab the market in just one financial year what Zara took seven years to do. The retailer noted Rs. 194 crore in sales from four stores during first six months of operation in India. Zara, launched in 2010, earned Rs. 149 crore during its first year of operations but with higher profit of Rs. 22.5 crore. According […]

June 29, 2017

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Lectra focuses on ‘Digital Future’ at Industry 4.0 Event in France

Lectra, a front runner in integrated technology solutions for fabrics, leather, technical textiles and composite materials, has organized a conference at its state-of-the-art technology center in Bordeaux-Cestas, France, to shed light on how Industry 4.0 is shaping and transforming the global fashion and apparel business. More than 100 professionals and manufacturers including H&M and Shanghai-based Dayang Group, one of the world’s largest suit manufacturers, gathered at the two-day event to discuss the major challenges fashion […]

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Swedish firms keen to invest in Bangladesh garment industry

Two leading Swedish companies, namely Investor AB and ABB Sweden, have reportedly expressed their keen interest to work for the development of Bangladesh’s readymade garment industry alongside the power sector. The Swedish entities mentioned this when the President and Vice President of Investor AB and CEO of ABB Sweden separately called upon Bangladesh Prime Minister Sheikh Hasina, who is there on official visit. Investor AB is a Swedish investment company, founded in 1916 and controlled […]

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H&M’s sales surge

H&M, the Swedish multinational fast fashion brand, has announced the sales development for May 2017. Group’s sales including VAT increased 4 per cent in local currencies in the review period compared to corresponding month previous year. Also, the fashion brand witnessed a jump of 8 per cent when converted into SEK. In the first half of the month, sales were affected by tough market conditions in several countries. However, it improved considerably in the second […]

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Zara, H&M and M&S buy materials from polluting units in Asia: Report

Renowned fast fashion brands like Zara, H&M and Marks & Spencer are buying materials produced in factories that are harmful to human health, states a report. Sadly, the investigation says that these polluting factories exist mostly in China, Indonesia and India. The water supplies are getting contaminated by the toxic run-off from the manufacture of viscose, eventually leading to risk of cancer. According to Changing Markets Foundation, though viscose, a plant-based fibre, is environment-friendly, most […]

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Mahmud Group growing on the passion of all things Denim

Someone very rightly said, follow your passion and success will follow you! And who could be a better example of the same than the Director of Mahmud Group, Gazi Mahbubul Alam, an embodiment of the very maxim himself… Clad in a pair of denim trousers, a denim shirt, denim shoes from LV and Hublot’s special edition denim wristwatch, his obsession for denim is just unmistakable. It is this burning ardour for denim that has helped […]

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London to get second Arket store later this year

H&M, the Swedish multinational fast fashion brand, has announced opening of second store in London by the end of this year. Its first store was inaugurated in early Autumn 2017 on Regent Street in London and online on arket.com in 18 European countries. The retailer launched Arket earlier this year. The brand offers a broad yet selected range of apparels for men, women and children, as well as a smaller, curated assortment for the home, […]

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H&M’s Cheap Monday gets new Creative Head

H&M-owned Cheap Monday promotes Carl Malmgren as its new Creative Director. He will be replacing Ann-Sofie Back from July 1 and will continue to serve as the Head of Cheap Monday’s Denim Department until the end of June. Also Read – Cheap Monday brings out sustainable clothing line Ann-Sofie Back has been associated with the Cheap Monday team on a special position of a part-time Creative Consultant since 2009. However, as the brand progresses, the […]

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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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Wellness Luxury’s Latest Destination Value Addition for Fall/Winter 2017-18

Beginning from the early nineties to our current wardrobe, athleisure has essentially ridden on the magic carpet of fashion trends and with a few proclaiming its nearing end, we beg to disagree. When Neil Barrett collaborated with Puma on a fashionable sportswear line in 2003, the wall between functional/practical clothing and high-end fashion was completely broken down. This was also the same year that Yohji Yamamoto launched a new label Y-3 with Adidas that paved way for […]

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Organic/BCI/Sustainable… Is there a conflict of interest?

Rather than focusing on organic, supporting the Better Cotton Initiative (BCI) seems priority for many brands with brands using the common term, ‘sustainable cotton’ which includes organic, recycled or certified by the BCI. BCI has more to do with social aspects like paying the farmers, labour and is more related to supply chain, while organic is more related to products. Industry confirms that BCI is picking up fast as far as demand is concerned and […]

May 10, 2017

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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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