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The Largest H&M Store in The World Opens on Fifth Avenue in NYC.

By   /  July 25, 2014  /  Apparel & Fashion  /  No Comments

Sweden / United States – Opening day was the culmination of a partnership between H&M, The Whitney Museum of American Art and renowned American artist Jeff Koons.  The grand opening also celebrated the launch of the Jeff Koons for H&M leather handbag featuring Balloon Dog (Yellow), one of his most famous works.  Eager passersby peeked into the four-story tall […]

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H&M Posts 14% Revenue Growth in the Half-Year Period.

By   /  June 19, 2014  /  Apparel & Fashion  /  No Comments

Stockholm, Sweden – Hennes & Mauritz AB has reported results for the period of first six months for 2014. The H&M Group’s sales including VAT increased in local currencies by 14 percent during the first six months of the financial year. Converted into SEK, sales excluding VAT amounted to SEK 69,970 m (60,027), an increase […]

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H&M Group Total Sales Including VAT Increase by 19% in May.

By   /  June 12, 2014  /  Apparel & Fashion  /  No Comments

Stockholm, Sweden – In May 2014, the H&M Group total sales including VAT increased by 19 percent in local currencies compared to the same month last year. Sales in May were positively affected by calendar effects of approximately 3 – 4 percentage points. In June, this will be reversed, i.e. sales will be affected by negative […]

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H&M Group Reports 17% Growth in Sales Revenue in Q1 2014.

By   /  May 16, 2014  /  Apparel & Fashion  /  No Comments

Stockholm, Sweden – In April, the H&M Group total sales including VAT increased by 17 percent in local currencies compared to the same month last year. The total number of stores amounted to 3,246 on 30 April 2014 versus 2,881 on 30 April 2013. Percentage sales development for the month of May and total revenue […]

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H&M and Solidaridad: Partners in Sustainable Textiles.

By   /  May 7, 2014  /  Sustainable / Eco Textiles  /  No Comments

Netherlands / Sweden – Solidaridad and fashion retailer H&M have entered into a strategic alliance to achieve a more sustainable textile production chain. Both parties have collaborated in sustainability projects for a long time and have now deepened their collaboration to a multiannual partnership. Janet Mensink, international coordinator Cotton & Textile at Solidaridad: “Only if […]

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H&M Insist on Higher Wages and are Committed to Sourcing from Bangladesh.

By   /  April 19, 2014  /  Apparel & Fashion  /  No Comments

Stockholm, Sweden – On April 14, 2014 German newspaper Welt am Sonntag published an interview with H&M’s CEO Karl-Johan Persson. The headline in the article was “We insist on higher wages – H&M CEO Karl-Johan Persson explains why the Swedish retailer still produces in Bangladesh and how low prices can raise profits”. The key message […]

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H&M Group Total Sales Increases by 13 %.

By   /  April 16, 2014  /  Apparel & Fashion  /  No Comments

Stockholm, Sweden – In March, the H&M Group total sales including VAT increased by 13 percent in local currencies compared to the same month last year. The total number of stores amounted to 3,216 on 31 March 2014 versus 2,853 on 31 March 2013. H & M Hennes & Mauritz AB (publ) was founded in […]

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H&M Doubles the Share of More Sustainable Cotton in the Last Two Years.

By   /  April 11, 2014  /  Sustainable / Eco Textiles  /  No Comments

Stockholm, Sweden – H&M published its twelfth Conscious Actions Sustainability Report. Some of the highlights during 2013 are the launch of H&M´s roadmap for fair living wages, the first closed loop collection made with recycled material from collected garments and a doubling of the share of more sustainable cotton in the last two years. “We […]

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H&M Opens First Australian Store.

By   /  April 7, 2014  /  Apparel & Fashion  /  No Comments

Melbourne, Australia – The new Melbourne H&M Australia flagship store opening was a much-anticipated event as locals queued to get the first glimpse of the extensive fashion collections the brand has to offer. The 5000 square metre heritage GPO building, which houses three levels of fashion, accessories and homewares, is in fact one of H&M’s […]

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H&M Protecting Global Forest through Fabric Choices.

By   /  April 7, 2014  /  Sustainable / Eco Textiles  /  No Comments

Stockholm, Sweden – H&M will together with the not-for-profit environmental organization Canopy by June 2014 put a plan in place to avoid sourcing fabrics from endangered forest and promote the use of fabrics that come from Forest Stewardship Council (FSC) certified plantations, or FSC certified forest found outside endangered and ancient forests.

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