STOCKHOLM, Sweden — The world's second-biggest apparel retailer Hennes & Mauritz on Thursday unexpectedly posted a small decrease in July like-for-like sales, the first monthly drop since March.
ZURICH, Switzerland — A group of mainly European retailers has finalized a plan to conduct coordinated inspections of factories in Bangladesh in an attempt to prevent a repeat of the Rana Plaza disaster that killed 1,129 people in April.
BEIJING, China —Chinese landlords are forgoing rent and paying to outfit stores for mass-market fashion brands including Zara and H&M, a bid to blunt the impact of a boom in shopping-mall construction that threatens to push up vacancies.
BARCELONA, Spain — Shoppers in the 109 countries where Spanish fashion chain Mango has stores recognise its celebrity faces well, but few know much about the company behind the clothes modelled by Kate Moss, Gerard Pique and Scarlett Johansson.
STOCKHOLM, Sweden — Cold weather in recession-weary Europe left spring collections on the racks of the world's biggest clothing retailers, Inditex and H&M, while small British rival ASOS beat the seasons with soaring demand for its cost-conscious online offering.
DHAKA, Bangladesh — Inditex SA, Calvin Klein-owner PVH Corp., U.K. clothier N Brown Group Plc and three other companies will team up with union members to oversee the implementation of the Bangladesh fire and building safety accord.
LONDON, United Kingdom — After Hennes & Mauritz AB and Inditex SA, Europe’s two largest clothing retailers, committed to an agreement to improve fire and building safety in Bangladesh, pressure is mounting on U.S. retailers to sign the pact.
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.
There’s little doubt that H&M’s glossy marketing initiatives generate significant consumer buzz. But what impact do they have on the bottom line?