CAPE TOWN, South Africa — Woolworths Holdings Ltd. of South Africa is using a $2 billion takeover of Australia’s David Jones Ltd. to challenge fashion retailers Inditex SA, Hennes & Mauritz AB and Fast Retailing Co. in the southern hemisphere.
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
STOCKHOLM, Sweden — Hennes & Mauritz AB, Europe’s second-biggest clothing retailer, is expanding into China’s smaller cities to woo more customers as retail competition intensifies in the world’s second-biggest economy.
STOCKHOLM, Sweden — Hennes & Mauritz AB, Europe’s second-biggest clothing retailer, reported first-quarter profit that rose less than analysts anticipated as the company invested in selling clothing online.
SINGAPORE, Singapore — Cotton On Group, a clothing chain with 1,300 stores globally, said it will invest in China to step up its overseas expansion and challenge the dominance of Fast Retailing Co.’s Uniqlo and Hennes & Mauritz AB.
As global fast fashion giants arrive in Brazil, the market heats up. BoF reports.
STOCKHOlM, Sweden — Swedish fashion retailer Hennes & Mauritz says it has received all the necessary regulatory approvals and plans to open its first store in India in 2014.
STOCKHOLM, Sweden — Hennes & Mauritz AB, Europe’s second-biggest clothing retailer, reported fourth-quarter profit that missed estimates as foreign-exchange effects and product markdowns weighed on results.
STOCKHOLM, Sweden —Hennes & Mauritz, the world's second-biggest fashion retailer, believes there is no conflict between its mission to sell more budget clothes and a drive to improve the environment and working conditions at its suppliers.
Now a prosperous nation with an eye for quality and dressing bang on trend, Poles are craving more individuality and opulence in their wardrobes.
PARIS, France — Retailers in Europe are predicting their best Christmas since the financial crisis, though optimism is laced with caution in the face of rising e-commerce and early discounting in a fragile economic recovery.