Swedish fast-fashion giant H&M Group announced on January 27 sales for its Asia and Oceania region lifted 11.7 percent, to SEK 29.4 billion (USD 2.8 billion), for the period 1 December, 2021 to 3…
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H&M to cut costs due to weaker-than-expected profits
After reporting weaker-than-expected profits, H&M launched a cost savings drive worth SEK 2 billion Swedish (USD 177 million). Various factors have contributed to the reduced profits, not only is…
COS opens first Taiwan store
COS is expanding its store network into Taiwan with the opening of its first brick-and-mortar store at the Taipei 101 Shopping Center. The store’s exterior is decorated in a forest green colour, while…
H&M Group partners with Google Cloud to launch “data mesh”
H&M Group and Google Cloud are reported to announce partnership which will add additional intelligence to the fundamental foundation of the Swedish fast-fashion retailer.…
H&M to open first store in Phnom Penh
H&M is set to open its first store at AEON Mall 1 in Phnom Penh City, Cambodia, on 18th March. The new store will carry a wide extensive range of fashion for women, men, teenagers, and kids.…
H&M HOME to launch in India
H&M India announced the upcoming launch of H&M HOME with a digital store at hm.com and on the e-commerce platform Myntra during spring 2022. Furthermore, H&M HOME will be introduced via…
Asia’s first H&M Townsquare opens in Bangkok, Thailand
Asia’s first ever H&M Townsquare opened on 17th November, 2021 on the first floor of Central World in Bangkok, Thailand.…
H&M partners with TOGA on a collection
The fast fashion brand H&M unveiled the TOGA ARCHIVES x H&M collaboration in its entirety.…
H&M announces financial results
In the second quarter 2021, i.e. in the period 1st March 2021 to 31st May 2021, the H&M group’s net sales increased by 75 percent in local currencies compared with the corresponding period last y…
H&M collaborates with Japanese label TOGA
Fast fashion brand H&M announced a unique collaboration with the Tokyo-based independent luxury label TOGA.…