
H&M Group is continuing its heavy sustainability focus with a series of new initiatives, spearheaded by its latest Conscious Exclusive AW20 collection that moves beyond the idea of just recycling.
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H&M Group is continuing its heavy sustainability focus with a series of new initiatives, spearheaded by its latest Conscious Exclusive AW20 collection that moves beyond the idea of just recycling.
H&M’s sales for Q4 and the full year on Monday showed that the fashion retail giant has continued to grow globally during 2019. Its net sales were up 11% in the year, or a 6% rise in local currencies.
The latest player to enter the rapidly developing fashion rental market is Swedish fast fashion giant H&M, with a deft high street collection of archival evening wear, in a concept store that opens this Friday.
Sweden’s H&M said on Monday its budget fashion chain H&M, which accounts for the bulk of group sales, would test selling external brands and products.
As the H&M Foundation celebrated its Global Change Award winners, FashionNetwork.com visited the Swedish apparel giant’s headquarters to try to understand the CSR challenges faced by the group.
H&M plans to continue to open one store a month moving forward and recently crossed Rs 1,100 crore ($165.3 million) in India revenue. The brand plans to swiftly pass the 50 stores mark.
H&M has announced that jeans label Cheap Monday, which it bought in 2008, is closing down. An unsurprising end for a venture which began in 2004 and nevertheless revolutionised the jeans market.
The first Responsible Wool Standard (RWS) certified products have hit the market while more will make their way to shelves very soon as the commitment to the RWS grows, according to Textile Exchange.
H&M released its latest sustainability report this week and said it's making good progress towards its goals on this front, with some targets closed to being achieved but still plenty of work to do.
The fast fashion group is helping customers to take care of their clothes and make them last longer, with branded detergents, in-store repairs and video tutorials on how to wipe off stains.