The beauty retailer announced a new subscription-based membership on Tuesday that allows shoppers to get same-day eligible items (based on delivery address and nearby locations) from Sephora delivered in as little as two hours.
The Chinese ultra-fast-fashion giant said it will reduce supply chain emissions 25 percent by 2030, outlining projects to drive greater energy efficiency and support a transition renewable power among its manufacturers.
The new store chain called Azorte, the first of which was launched in Bengaluru, will compete with the likes of Mango and Industria de Diseno Textil SA (Inditex)-owned Zara, and cater to Millennials and Gen-Z.
H&M launched a 2 billion Swedish crown ($177 million) cost savings drive on Thursday after reporting weaker-than-expected profits due to soaring input costs, slowing consumer spending and its exit from Russia.
Next, which trades from about 500 stores and online, said it now expected full price sales in its second half of its financial year to fall 1.5 percent, and a full year pretax profit of £840 million ($905 million), up 2.1 percent versus 2021-22.