h&m

Don't Miss:

08/05/2024 Digital content exporters open foreign offices to avoid tax ( General )
06/05/2024 WhatsApp’s new status update tray with previews is rolling out more widely in beta ( General )
02/05/2024 A Deep Dive into Grade A Buildings in Hong Kong ( General )
02/05/2024 Shopee races past other e-commerce rivals ( E-Tailing )
30/04/2024 TikTok, Facebook, and other foreign service providers pay $575M in taxes ( General )
29/04/2024 Sacombank assures no loss on $141M loan to Bamboo Airways ( General )
29/04/2024 Skype rolls out update with new features for both Android and iOS ( General )
26/04/2024 Changi Airport Group awards OUE tender for lease and development of new hotel at Changi Airport Terminal 2 ( General )
26/04/2024 Korean Air to launch new route to Macau ( General )
26/04/2024 WhatsApp is working on an option to stop notifications when someone reacts to your status updates ( General )
24/04/2024 Puma to launch compostable shoes after a two-year pilot project ( Fashion )
24/04/2024 7-Eleven eyes 100,000 stores globally by 2030 ( General )
24/04/2024 Vietnam tops Southeast Asia in number of Apple suppliers ( Electronics )

Retail Asia10/03/2021

Sweden’s H&M, the world’s second-biggest fashion retailer, said on Monday it was shocked by the use of deadly force against protesters in Myanmar and that it had paused placing orders in the country. Police and military have killed more than 50 people to quell daily demonstrations and strikes against a Feb. 1 military coup, according […]

CONTINUE READING

Retail Asia02/02/2021

Hennes & Mauritz released stronger-than-expected fourth-quarter results on Friday but flagged ongoing challenges in trading conditions, with more than 1,000 stores temporarily closed. “The ongoing restrictions along with the many temporary store closures will have a substantial negative impact on the first quarter,” said chief executive officer Helena Helmersson, speaking on a phone call with analysts […]

CONTINUE READING

Retail Asia02/02/2021

H&M-owned Arket has announced plans to open its first physical store in China this autumn. The flagship store will be located in Beijing and will stock a mix of the Stockholm-based brand’s wardrobe staples and seasonal fashion drops for both women and men. The store will also feature an Arket cafe and stock an assortment […]

CONTINUE READING

Retail Asia17/12/2020

H&M said its net sales were down by 10% year-on-year in the fourth quarter, as a direct result of the coronavirus pandemic’s second wave. Shares ticked 0.14% lower on Tuesday morning in Stockholm. The world’s second-largest global clothing retailer said the first wave of the pandemic hit it the hardest, impacting its Q2 results due […]

CONTINUE READING

Retail Asia15/10/2020

Fast fashion chain H&M wants to turn discarded clothes into something new to wear again — within five hours. The Sweden-based retailer is about to start giving consumers at its Stockholm store the option to turn in used garments that it will then transform into one of three different clothing items. Once the program begins Monday, […]

CONTINUE READING

Retail Asia12/10/2020

Though H&M reported lower sales during the nine-month from December 2019-August 2020 loss, it returned to profitability in September as sales recovered in many of its markets. The brand’s sales decline narrowed to 5 percent year-on-year in September. Currently, 166 of its stores are closed, although a large number of stores have opened with local […]

CONTINUE READING

Retail Asia08/10/2020

In an effort to help the homeless restart their lives, UNIQLO Malaysia recently launched a clothing corner at Kuala Lumpur’s Homeless Transit Centre (Pusat Transit Gelandangan KL), a government initiative to help those on the streets get back on their feet. With the help of the centre, those who seek jobs can access proper attire […]

CONTINUE READING

Retail Asia06/10/2020

Global Fashion Group (GFG), the leading online fashion & lifestyle destination in growth markets announces the launch of a two-month partnership between H&M and ZALORA Philippines. ZALORA is the first e-commerce platform H&M has worked within the region. The two-month partnership with global fashion brand, H&M will be available from 1 October to 30 November […]

CONTINUE READING

Retail Asia05/10/2020

The world’s second-biggest fashion retailer, Sweden’s H&M, says it plans to cut 250 of its stores globally. The closures will come next year after the firm said the Covid-19 pandemic had moved more shoppers online. Although it said sales had continued to recover in September, they were still 5% lower than the same month in […]

CONTINUE READING

Retail Asia18/09/2020

Global fashion retailer H&M had warned its preliminary third-quarter results may well be below that of the previous corresponding period – but it beat profit forecasts and has recovered much faster than expected. The company’s pre-tax profit for the quarter to August 31 was US$227.3 million, well below the $570 million from the previous corresponding […]

CONTINUE READING

Retail Asia08/09/2020

H&M’s subsidiary Cos has launched a pre-owned fashion platform called Resell. Resell allows the brand’s customers to buy and sell their used Cos pieces, “re-inventing their wardrobe in a considered and sustainable way,” according to a statement from H&M. The launch is part of the brand’s program of developing circular fashion and renewable solution strategies. […]

CONTINUE READING

Retail Asia13/08/2020

Much has been made of the way technology has helped people stay connected since the introduction of social distancing measures and travel bans due to the global coronavirus pandemic. But anyone who has been separated from a loved one knows that even a video call falls short of the feeling of being together in real […]

CONTINUE READING

Retail Asia10/08/2020

Fashion giant H&M says it has suspended a number of employees over the use of a racial slur relating to the name of a hat to be sold at stores of its & Other Stories brand. CNN Business, which first reported the incident, said that the slur, in an internal H&M document, related to a […]

CONTINUE READING

Retail Asia23/06/2020

‘Glocalisation’ is a trend retail chains have been embracing for more than a decade. It’s the art of fostering a local appeal to a globalised retail offer, empowering regional decision making in the hope of creating a bond with people in communities of consumers a world away from the company’s head office, but continuing to […]

CONTINUE READING

Retail Asia17/06/2020

H&M says its sales decline in May was slightly below expectations, and less dramatic than during March and April as stores began to reopen across Asia and Europe. The Swedish-headquartered fast-fashion retailer said net sales in the three months to May 31 were down by 50 percent year on year to US$3.1 billion. More encouragingly, […]

CONTINUE READING

Retail Asia05/06/2020

Fashion giant H&M is expanding its online presence around the world, as it continues to recover from the coronavirus pandemic and work toward its goal of becoming climate positive by 2040. The company said it will expand the digital presence of its brands Cos, Weekday, Monki, & Other Stories and Arket in Europe from May […]

CONTINUE READING

Retail Asia28/05/2020

Sweden fashion retailer H&M launches an intelligent fabric this week, deploying fashion technology for menswear which keeps the wearer cool in the summer heat. Called Coolmax, the intelligent fabric absorbs moisture and allows air to pass through. “We see fabric innovation as pushing menswear forwards in new ways,” said Ross Lydon, head of menswear design […]

CONTINUE READING

Retail Asia24/04/2020

Fashion Revolution has crowned H&M the most transparent fashion business in the world in 2019, scoring 73 percent of a possible 250 points in its annual Fashion Transparency Index. The index ranks the world’s largest fashion brands according to how much they disclose about their social and environmental policies, practices and impacts across a number […]

CONTINUE READING

Retail Asia19/04/2020

Fast-fashion retail giant H&M has labelled India its fastest-growing emerging market. The firm is now targeting ₹2,000 crore (US$280,000) in turnover from the territory, a goal it is likely to achieve by the end of this year despite signs of reduced domestic consumption. H&M’s growth in the region has benefitted from both online and offline […]

CONTINUE READING

Retail Asia15/04/2020

Weekly sales data from H&M China stores are a harbinger of what faces the world’s fashion industry after the coronavirus passes, says GlobalData. The data shows that while stores are slowly starting to recover from the peak of the coronavirus pandemic in Mainland China, “there has clearly not been an immediate bounceback,” says principal analyst […]

CONTINUE READING

About Retail News Asia

Retail News Asia is committed to providing local and global retailers with the latest news from the Asian retail market on a daily basis.

We have resources for everyone from independently owned business owners to online-only retailers and major chains expanding their reach throughout the Asian market. Retail News is “the news source” with over 50 weekly posts and 13,6 million readers.

CALL US ANYTIME

Most read

Retail updates

Stay up to date of the lates updates and retail news from Asia.

X