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H&M is planning to enter the Brazilian market, with both physical and online stores, in the second half of the year.
11h
Asharq Alawsat (English) on MSNH&M to lure US shoppers as fast-fashion rivals hike prices due to tariffsH&M is trying to win shoppers from rivals in the United States by holding prices steady while Zara and Shein raise theirs, as ...
H&M chief executive Daniel Ervér has warned that clothing prices in the US are beginning to rise as Trump-era tariffs start to take effect — with pressure building across the sector as competitors ...
The Swedish fast-fashion group said it is seeing signs of progress in its turnaround initiatives, despite declines in profits ...
Ervér’s comments came as H&M revealed that sales had risen just 1%, in local currencies, to 112 billion Swedish kroner ($12 billion) in the first half of the year as it closed 4% of its stores.
H&M yesterday posted a fall in profits which was smaller than feared — and it now predicts a sales rebound despite heavy ...
Swedish fast-fashion retailer Hennes & Mauritz AB is speeding up efforts to source goods from manufacturers closer to its main markets as US tariffs and geopolitical turmoil complicate trade.
Swedish fashion giant H&M on Thursday posted weaker results for its quarter ending May 31 (Q2), with net sales falling to SEK ...
"And that’s, of course, something that we’re looking into to make sure that we stay competitive on our position." However, ...
7h
Stocktwits on MSNH&M Says US Consumer Economy 'Very Turbulent,' Considers Price AdjustmentDaniel Erver, CEO of the popular Swedish fashion brand H&M (HNNMY), has said the tariff situation in the U.S. is "very ...
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