H&M

H&M is the second largest fashion distribution group in the world by revenue. In 1947, Erling Persson launched the Hennes store in Sweden, inspired by American establishments that moved large volumes of merchandise. During the sixties, seventeen and eighties, the company started its international expansion with its first stores in Denmark, Norway, Germany and United Kingdom. The company continued its world expansion and today it’s present in every continent.

2019, the year H&M tried it (almost) all

Boutiques, flagships, personalization, retail, online. The Swedish giant has reacted to declining sales with with trial and error.

Arket, H&M’s winning bet: 20 stores in 2 years

The Swedish group has been experimenting with new store concepts and chains for the past years. H&M has launched three new chains since 2017 and closed other two.

The Swedish company has appointed Jesper Magnunsson, former head of expansion for Spain and Portugal, as new head of global leasing. The executive will be based in Stockholm.

H&M grows 11% in 2019, its fastest pace since 2015

The Swedish group has reached a revenue of 232,765 million Swedish krona (24.6 billion dollars). In local currencies, group sales rose 6%.

H&M drives its sustainability: participates in COP25

The Swedish fashion retailer wants to reduce its greenhouse gas emissions into the atmosphere throughout its value chain in 2040.

H&M to test subscription in China with COS

The group has teamed up with Chinese subscription rental platform YCloset to try renting out clothes in the country. The group has done similar tests with its main brand.

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H&M Founding Family Raises Stake to 70% as Ownership Consolidates

The Persson family, which founded the fashion group in 1947, has also acquired 85% of the group's voting rights, which could put the Swedish retail giant on the road to becoming a listed company.

H&M profit plummets 28% and sales stagnate in first half of 2018

The Swedish company is going through a transformation process to adapt its structure to the new retail scenario created by ecommerce and re-seduce the consumer.

H&M Invests in Reverse: The Fashion Giant Joins Startup’s First Funding Round

Swedish retail powerhouse steps into the future by investing in a German leader of automated textile sorting, leveraging AI and advanced material recognition.

The company has reacted to bad results with more experimentation and more innovation to place itself in a pole position when fashion completes its transformation.

The company first implemented this new boutique concept at a new opening in Berlin’s Mitte. In Stockholm, it will include for the first time a rental service, as well as repair.

The Swedish company will launch the first part of the collection inspired in Colombia on December 3 at selected points of sale.

The company has partnered with the startup Unspun to install this pilot customization project. The company uses scan technology to replicate the client’s body and make garments adapted to its body type.

The Swedish fashion retailer has launched a clothing rental service for members of its loyalty program. This is the first time the group tries this format.

The Swedish group has opened one of its smallest stores in the world in Berlin, in a pilot test that could set a new trend in the sector.

The Swedish fashion retailer has partnered with the furniture group to promote a research on recycled clothing and implement circularity strategies in 2030.

Fashion global retailers, Inditex, H&M, and Uniqlo, have almost tripled their spending on their stores’ rents in the last ten years, up to 6.2 billion euros last year.

The fashion chain of the Swedish fashion giant has launched a live shopping service that will be available in late autumn.

Through Co: Lab, the Swedish company has invested 5 million dollars in Sellpy since 2015. In the next couple of years, the group plans to invest another 6 million dollars.

The outlet chain of the Swedish giant stated that will focus its expansion in the online channel and will not open more stores.

The Swedish company sales increased 6% boosted by local currency in the period between December and August.

The Swedish retailer keeps betting for collaborations with high end fashion brands to raise its positioning. The collection, designed by both brands will be available worldwide October 3.

The Dubai Mall, the second biggest shopping mall in the world by square meters, extends its fashion offer with new store openings of brands like Urban Outfitters, Marina Rinaldi, Max Mara or H&M.

The Swedish fashion giant has stated in a press release that the good performance of its sales its due to a positive summer season and a increase in its market share.

The Swedish distribution giant, that plans to link the rent to its stores sales, demands that online sales to be excluded from the revenue.

The Swedish fashion company, second in the world by revenue, gives a one-million-euro reward to the best innovation to make the sector more sustainable.

More than twenty fashion and luxury giants confirmed their attendance to the G7 Summit in Biarritz, France to create a path towards a more sustainable industry.

While the textile commerce in the world sank in 2018 with a descent of 2.38%, giants in Zara’s kingdom rose 2.17%.

The Swedish company has sealed an alliance with the Chinese fashion designer months after the group reinforced its presence in the country with the arrival of &Other Stories in Tmall.

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