Arket
This coverage examines Arket’s operations and strategy within the UK retail market. Reporting highlights store openings, product collections, marketing campaigns, sustainability initiatives, and leadership decisions shaping its presence in the lifestyle and apparel sector. Insights are tailored for retail professionals monitoring premium fashion trends, brand positioning, and competitive dynamics.
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Mar- 2024 -26 MarchHigh Street
Arket to open first store in Ireland
Nordic fashion and lifestyle brand Arket continued its expansion in Europe with the opening of a flagship store in Dublin during 2024, the first destination in Ireland. Based in Sweden, Arket is a modern-day market and lifestyle brand. The collections offer ready-to-wear and accessories for women, men, and children, complemented…
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Jun- 2023 -15 JuneClothing & Shoes
H&M revenue growth stalls in Q1
H&M Group has revealed a 6% year-on-year rise in revenues to SEK 57.6bn (£4.2bn) for the first 12 weeks ended 31 May, meaning a stall in the fashion retailer’s growth. This comes as the increase in Q1 is only half of the previous quarter’s revenue growth rate. According to the…
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Mar- 2023 -30 MarchClothing & Shoes
H&M Q1 profit boosted by second-hand Sellpy platform
H&M has seen operating profit hit SEK 725m (£56.4m) in its first quarter of trading, up from SEK 458m (£35.6m) the prior year, boosted by the earnings of second-hand platform Sellpy. Sellpy, which is one of Europe’s largest second-hand platforms, has been consolidated into the group in the first quarter,…
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Feb- 2023 -1 FebruaryHigh Street
H&M confirms regional UK store closures
Fast fashion retailer H&M has confirmed that it will be closing a number of stores across the UK in Burton, Hartlepool, Maidenhead and Newport on the Isle of Wight. The decision follows H&M Group’s financial results which indicated a 87% year-on-year fall in operating profit to £64.5m in the fourth…
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Sep- 2019 -9 SeptemberEconomy
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 the rising number of returned clothes. According to a report from The Times, the retailer is pushing for “total occupational deals” where it discusses with landlords a sum linked to…
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Apr- 2019 -17 AprilClothing & Shoes
Arket launches recycling scheme for ‘unwanted’ clothes and shoes
Fashion retailer Arket has announced a new recycling scheme for unwanted clothes and shoes, due to launch at the end of April at all of its stores. Customers will be able to bring “unwanted textiles” to any store, where the products will be taken care of and returned to the…
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Jun- 2018 -15 JuneClothing & Shoes
H&M sales fail to hit expectations
The Swedish fashion brand H&M has revealed that it missed its sales expectations for the second quarter sales growth in its latest financial report. The retailer reported a shares decrease of 3.6% in early trading as well as unchanged sales in local currencies from March to May including VAT, meaning…
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