STOCKHOLM, Sweden — Hennes & Mauritz plans to spend around 100 million euros ($130 million) on an initial 50 stores in India, hoping a growing population and rising incomes in Asia's third-largest economy will fuel demand for its fast-changing fashions.
STOCKHOLM, Sweden — Fashion firm H&M will clothe Sweden's Olympic teams at the winter and summer games, bringing a global audience for a growing line of sportswear from a company best known for budget frocks and style accessories.
BoF distills recent fashion stories from the French media.
STOCKHOLM, Sweden — Counting on the old adage that sales of affordable luxuries like lipstick and scarves climb in tough times, Hennes & Mauritz AB is rolling out a new chain called & Other Stories that focuses on upscale accessories.
BoF editor-in-chief Imran Amed recaps the week in the business of fashion.
The needs, desires and intentions of consumers have become important pieces of legislation in the false democracy of fashion, evolving at dizzying speeds and enlisting an army of fools.
STOCKHOLM, Sweden — Hennes & Mauritz AB, Europe’s second-largest clothing retailer, reported first-quarter profit that fell more than analysts anticipated as the company invested in expansion and sales fell short of its expectations.
Is idealised imagery a necessary part of communicating the dream of fashion? Or should brands project a more realistic image of women?
BoF editor-in-chief Imran Amed recaps the week’s top developments in the business of fashion.
STOCKHOLM, Sweden -- Hennes & Mauritz AB, Europe’s second-largest clothing retailer, reported sales that dropped more than analysts anticipated. Revenue from stores and operations open at least a year dropped 3 percent, the Stockholm-based company said today, exceeding the SME consensus of a 1.9 percent drop.
H&M’s new Internet-inspired retail concept on Regent Street offers women a complete lifestyle brand at affordable prices.
LONDON, United Kingdom — According to an estimate released this week by Credit Suisse, Inditex, the Spanish company that owns ‘fast fashion’ giant Zara, will achieve online sales of over 600 million euros in 2013, almost double that of 2012, the results of which will be announced next week.