This year, ethics and sustainability finally became a priority for a range of influential players, from major high street retailers to luxury conglomerates.
Hennes & Mauritz AB, Europe’s second-biggest clothing retailer, increased November sales faster than analysts predicted, contributing to a 17 percent jump in fourth-quarter revenue.
Hennes & Mauritz AB’s October sales growth exceeded analysts’ estimates, giving a boost to shares of Europe’s second-biggest clothing retailer.
Hennes & Mauritz AB will blacklist a spinning mill in southern India after a report claimed five manufacturers there use child labor and subjected workers, mostly women and girls, to “appalling” working conditions.
Carlos Slim, following the lead of fellow billionaire Amancio Ortega, is freshening up his Sears outlets in Mexico with an of-the-moment sense of style in a bid to boost profits.
Hennes & Mauritz AB, Europe’s second-biggest clothing retailer, reported a 20 percent jump in third-quarter profit as online expansion and new concepts fueled sales growth.
Hennes & Mauritz AB, Europe’s second-biggest clothing retailer, reported a 16 percent gain in third-quarter sales after August revenue exceeded estimates.
Recent surveys have found that members of the U.S. Millennial Generation — the roughly 80 million Americans born between 1977 and 2000 — pride themselves on their individuality, and shop accordingly.
Fashion retailers are increasingly integrating slick interactive technology into their physical flagships. But is all this in-store technology actually making the tills ring or merely providing opportunities for short-term PR?
STOCKHOLM, Sweden — Total revenue including value added tax jumped 17 percent from a year earlier in local currencies, the Stockholm-based retailer said in a statement today.
FRANKFURT, Germany — Hennes & Mauritz (H&M), the world's second-biggest fashion retailer, supports higher wages for textile workers in Bangladesh, its chief executive said, but warned that higher costs could also prompt some companies to go elsewhere.