H&M

H&M signs new £859m credit facility to strengthen liquidity amid Covid-19

Swedish clothing retailer H&M has revealed it has signed a new €980m (£859m) revolving credit facility as it looks to…

Read More »

H&M to shutter Stoke-on-Trent warehouse placing 500 jobs at risk

H&M is reportedly set to close its warehouse in Stoke-on-Trent with plans to relocate its distribution to a new site.…

Read More »

Former H&M US president joins Forever 21 as its new CEO

Authentic Brands Group (ABG) has appointed former H&M US president Daniel Kulle as the new CEO of Forever 21. ABG…

Read More »

H&M sales rise in Q4

Fashion retailer H&M has reported a 9% increase in net sales to SEK61,704m (£4.98m) for the three months to 30…

Read More »

H&M Q3 profits spike 25%

H&M has reported a 25% spike in net profits during Q3, which it attributed to “continued development of more full-price…

Read More »

H&M battles with landlords over rents

Fashion retailer H&M is battling with landlords over rent reductions, which could potentially see property owners bear the cost of…

Read More »

H&M sales jump 11% in Q2 results

Fashion retailer H&M has reported an 11% increase in net sales to 57.4bn in Swedish kroner (£4.8bn) in its Q2…

Read More »

H&M invests £15m stake in Klarna

H&M and Klarna have announced they have entered into a £15m global partnership as the Swedish clothing retailer acquires a…

Read More »

H&M posts 9% sales increase

H&M’s group sales have increased by 9% according to the fashion chain’s Q3 financial update. Performance exceeded analysts’ expectations, resulting…

Read More »

H&M profits plunge 22% prompting price cuts

H&M has reported a 22% drop in profits before taxation for the first half of the year, with its CEO…

Read More »