FinancialRetail

H&M Global Sales Up 15% in Q1

Fast-fashion behemoth H&M experienced its fifth-straight month of double-digital growth in February, reporting a 15 percent surge in sales compared with the same period last year, and beating analysts’ forecasts of 13 percent.

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Retail

H&M to Expand Its Online Markets in 2015

H&M said Tuesday that it plans to launch eight new online markets next year, doubling the rate of this year’s online launches and solidifying its position that e-stores are an important complement to its physical stores as they increase the company’s level of service and overall availability.

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FinancialRetail

H&M to Debut $99 Wedding Dress

Fast-fashion clothier Hennes & Mauritz AB (H&M) will soon be outfitting brides for less than $100. The retailer will debut a vintage Hollywood inspired dress in stores this month in advance of the summer wedding season for a budget-friendly $99. The flowing white dress has… Read More

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Retail

H&M Profits Up 6% in Q4

Hennes & Mauritz AB (H&M) said Thursday that strong year-end sales helped boost profits in the fourth quarter although gross margin growth suffered due to currency exchange rate effects and higher than expected markdowns. The Swedish fast fashion retailer reported after tax profits of 5.61… Read More

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