Full-year net sales at H & M Hennes & Mauritz AB, in local currencies increased by 11 percent in the fourth quarter 2021 compared with the corresponding period last year. Converted into SEK net sales increased by 8 percent in the quarter to 56,813 million Swedish krona. For the financial year 2021 the H&M group’s net sales in local currencies...
20 hours ago
H&M has taken its sustainable multi-brand platform Itsapark offline. The group told FashionUnited the choice was taken to “leverage the strategic learnings from Itsapark” and integrate them into the H&M brand to “secure a larger impact and audience”. Itsapark closed its customer facing operations in November, with the “majority” of its employees...
25 Jan 2022
Flannels have confirmed it is opening its first flagship outside of the UK at Clerys Quarter in Dublin, a new mixed-use development in the heart of the city that is set to open in Q4 2022. Europa Capital and its local partners, Core Capital and Oakmount are looking to reignite the vibrancy of Dublin’s landmark street with Clerys Quarter, which...
17 Jan 2022
Fashion retailer & Other Stories has revealed it will be collaborating with Seoul-based designer Minju Kim for a spring 2022 collection. Launching her namesake brand in 2015 after winning the H&M Design Award, Minju Kim went on to become a semifinalist in the LVMH Prize for Young Fashion Designers and also the first winner of Netflix’s Next in...
11 Jan 2022
Fashion retailer H&M is set to explore the virtual fashion realm, with the launch of a digital collection to release through a competition. On January 10, in a campaign fronted by the brand’s sustainability advocate Maisie Williams, H&M will be launching the competition through its official website, where customers have the chance to win an...
10 Jan 2022
Although various media reports claim otherwise, H&M will not open a store in the metaverse. A spokesperson for H&M confirms to FashionUnited that there has been a misunderstanding and that it will not open a store on the metaverse platform Ceek City. Earlier this week, the misunderstanding arose because platform Ceek City showed a virtual store...
5 Jan 2022
Net sales at H&M Group in local currencies increased by 11 percent in the fourth quarter 2021 compared with the corresponding period last year. The company said in a statement that for the 2021 financial year net sales increased by 12 percent in local currencies. Converted to SEK, net sales increased by 8 percent to 56,813 million Swedish krona...
15 Dec 2021
Fast-fashion retailer H&M Belgium has launched a vintage collection in collaboration with Antwerp-based label Le Freddie. It marks the first time the retailer has offered a vintage collection in its stores, with the line curated by both Le Freddie and H&M. Influences from the 70s and 80s define the curation, exhibited through the collared...
13 Dec 2021
The Ellen McArthur Foundation has released a book called Circular Design for Fashion. Focused on promoting circular design within the fashion world, it brings together brands and influential leaders in fashion to inspire a transformation within the industry. The book shares the stories of fashion leaders such as Gabriela Hearst, Marine Serre,...
3 Dec 2021
H&M is continuing its partnership with suicide prevention and crisis intervention organisation for young LGBTQ+ people, The Trevor Project. H&M will also match donations up to 100,000 dollars, in honour of Giving Tuesday. The Trevor Project estimates that up to 1.8 million LGBTQ+ young people consider suicide each yearh in the US. Its crisis...
1 Dec 2021
The Fashion Awards, crowned as Britain’s biggest night in style, also features celebrities and models including Dua Lipa, Priyanka Chopra, Winnie Harlow, Kate Beckinsale, Hailee Steinfeld, Demi Moore, Alexa Chung, Kehlani, Jourdan Dunn, Elsa Hosk, Charlie XCX, Gabrielle Union, Gillian Anderson, Tom Daley, Munroe Bergdorf and host Billy Porter....
30 Nov 2021
Demand for fast fashion around the globe is reaching unprecedented heights. By 2030 the sector will surpass 200 billion dollars, driven by a significant boost over the next five years. The forecast comes from the report ‘Fast fashion global market opportunities and strategies to 2030: Covid-19 Growth and Change’ by Research and Markets in which...
25 Nov 2021
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