H&M Financial News
15.09 / 08:23
25.10 / 06:05
14.10 / 15:37
Manufacturing
Enterprise
Walmart
H&M
reports
Who is KP Ramasamy? All you need to know about farmer's son who recently entered Forbes India Rich List 2023
₹19,133.7 crore. A farmer's son and a college dropout, KP Ramasamy achieved success by establishing one of India's largest garment export enterprises. Founded in 1984, KPR Mill's business by was expanded Ramasamy in 2013 and diversified into sugar production.
10.10 / 20:19
Provident
WhatsApp
H&M
show
patient
medicines
What are global firms with presence in Israel doing after Hamas attack
H&M: The clothing company said its local franchise partner has temporarily closed all stores in Israel. "Our stores will remain temporarily closed and return timeframes will be extended by 30 days from their reopening," a message on Zara-owner Inditex's website in Israel showed.
04.10 / 19:29
29.09 / 11:01
27.09 / 07:07
COST
UPS
Platform
Zara
H&M
H&M blames warm weather for September sales slide
quarterly profit rise. H&M, whose biggest rival is Zara owner Inditex, said September sales would be down 10% year-on-year measured in local currencies. Operating profit in the June-August period, the Swedish group's third quarter, was 4.74 billion crowns ($430.7 million) against a year-earlier 902 million. Analysts polled by LSEG had on average forecast a 4.72 billion crown profit. The year-ago figure includes a one-off cost of 2.1 billion crowns for the group's exit from Russia. «The cost and efficiency programme is proceeding at full speed and will continue to have an effect in the coming quarters,» H&M said.
19.09 / 14:07
15.09 / 08:23
12.09 / 19:15
Platform
Gap
Infinity
Uniqlo
H&M
exclusive
Reliance to add 100 points-of-sale for Gap
Reliance Retail Ltd, said. Prasad, however, did not share the timeline of the stores expansion plan. In July 2022, Reliance had signed long-term partnership agreement with Gap Inc., to launch the American fashion brand in India.
08.09 / 17:51
UPS
Waters
Google
H&M
Inside
You’re Doing Laundry Wrong: 7 Tips to Help You Clean Clothes More Expertly
Laundry is a relatively easy chore, or so you might think. As we reported more about high-tech washing machines, new clothes movers and steam-cleaning closets, experts kept sharing information that challenged deeply held cleaning doctrine. It turns out, most of us probably do a number of things that make our washes less effective, harsher on our clothes and harmful to the environment.
06.09 / 15:41
Target
Chase
Zara
Uniqlo
H&M
country
Uniqlo India crosses Rs 600 crore annual sales, profit trebled during FY23
Uniqlo, Asia's biggest clothing brand, has posted a 69% increase in sales while net profit nearly tripled for its Indian unit during the year ended March 2023. The Japanese brand posted a net profit of Rs 68.38 crore with net revenues of Rs624.6 crore, according to its latest filing with the Registrar of Companies. A year ago, it had a profit of 21.4 crore with sales of Rs391.7 crore. «Indians like affordable pricing but high quality clothing.
01.09 / 20:51
COST
UPS
Reuters
Adidas
H&M
European Commission
country
Fast fashion firms prepare for EU crackdown on waste mountain
By Corina Pons and Helen Reid
31.08 / 03:39
Provident
Manufacturing
Zara
H&M
country
Russia earns less from oil and spends more on war. So far, sanctions are working like a slow poison
The Russian currency has stabilized after dipping below 100 rubles to the U.S. dollar — but that doesn't mean the pressure is off Russia's economy
30.08 / 07:27
Provident
Manufacturing
Zara
H&M
country
Russia earns less from oil and spends more on war. So far, sanctions are working like a slow poison
The Russian currency has stabilized after dipping below 100 rubles to the U.S. dollar — but that doesn't mean the pressure is off Russia's economy
17.08 / 13:53
16.08 / 21:29
29.07 / 10:11
Provident
Platform
Starbucks
H&M
What's brewing? You can get Starbucks' stuff on Myntra
Myntra on Saturday announced the launch of Starbucks’ signature merchandize on its platform. The collaboration aims to provide customers with an easy access to Starbucks merchandize, including coffee mugs, bottles, flasks, coffee press machines and coasters.
17.07 / 08:33
06.07 / 06:55
UPS
Citi
Highways
Uniqlo
H&M
Mumbai
Uniqlo to launch Mumbai store in October
New Delhi: Japanese apparel retailer Uniqlo is set to open its first store in Mumbai. The store, set to come up in Phoenix Marketcity, Kurla, is scheduled to open on 6 October. “We are delighted to be launching in Mumbai this fall...October will also mark the anniversary of our four-year journey in India, and this new milestone highlights our strong ongoing commitment to India.
04.07 / 17:47
UPS
Citi
Platform
Zara
H&M
H&M India bets on omnichannel model to expand footprint
NEW DELHI : H &M, the Swedish fast-fashion retailer, is set to expand its presence in India by opening six more stores and enter three cities by the end of 2023, besides focusing on boosting its online sales, said a top company executive. “India is a growth market for us. The group understands the potential India has.
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