H&M

H&M Q1 profits drop amid ‘external market pressures’

H&M has seen its operating profit drop 42% to SEK 1.2bn (£95m) for the three months ended 28 February 2025,…

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H&M FY profits rise despite weaker Q4 sales

H&M boss Daniel Ervér has said the Swedish retailer is “on track” as it revealed FY operating profits in the…

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H&M lowers profit target as sales flatline in Q3

H&M has revealed that it does not expect to hit its profit margin of 10% which it forecast for the…

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H&M revives Cheap Monday with new collection

H&M has announced the relaunch of Cheap Monday with a new denim collection featuring American artist Nessa Barrett. As a…

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H&M announces new CEO as Q4 sales dip

H&M has today (31 January) announced the appointment of its new CEO, Daniel Ervér, as the group struggled to maintain…

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H&M profits surge 61% as cost-saving measures bear fruit

H&M has announced that its profit after tax rose 61% to SEK 7bn (£524m) for the nine months ended 31…

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H&M makes U-turn over in-store return fee

H&M has recently decided not to charge customers a processing fee of £1.99 for online returns made in store, according…

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H&M net sales edge up 6% in Q3

H&M has revealed that its net sales rose 6% to SEK 60bn (£4.3bn) for the three months ended 31 August…

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H&M to phase out Myanmar suppliers after labour abuses probe

H&M has announced that it is planning to “gradually phase out” its operations in Myanmar following a report from the…

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H&M probes Myanmar factory labour abuses

H&M has reportedly launched an investigation into 20 alleged instances of labour abuse at Myanmar garment factories, according to Reuters.…

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