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Inditex to introduce Zara Home in India

New Delhi: Zara is planning to introduce its home products in India, three people familiar with the plans said. The move comes close on the heels of rivals Stockholm-based Hennes & Mauritz (H&M) and London-based Marks & Spencer launching their...

Actress Maisie Williams is H&M’s new Global Sustainability Ambassador

H&M has announced a partnership with actor and filmmaker Maisie Williams to lead a worldwide initiative towards a more sustainable fashion future. In a major effort towards meeting the goal of only using recycled or other sustainably sourced materials by 2030,...

Lenzing AG: Tailoring sustainable & environmentally responsible lifestyles

Lenzing AG, one of the largest wood-based fibre manufacturers of the world, has been promoting sustainable fashion in India for over a decade with its products TENCEL™ and LENZING™ ECOVERO™, all sustainable and environmentally responsible fibres. India is a young...

H&M announces Yanira Ramirez as new Country Sales Manager for India as Janne Einola quits

Hennes & Mauritz has announced Yanira Ramirez as the new country sales manager, four months after its India head Janne Einola quit the company. "Yanira Ramirez takes over as H&M India’s new country sales manager and will be based out of H&M India’s...

Digital savvy companies stay relevant to customers in post-pandemic era: GlobalData

Prior to the COVID-19 pandemic, a paradigm shift towards digitization was already underway across the sectors. However, the pandemic has further accelerated the transformation, which is evident by the marked growth in spending towards digitization by businesses. Against this...

H&M launches 50th Indian store in Bhubaneswar

H&M, Hennes & Mauritz AB, the international fashion retailer known for fashion and quality at the best prices in a sustainable way, is elated to announce the launch of its 50th store in India. The newest H&M store was opened in Bhubaneswar. H&M...

H&M may shutter 250 stores next year as second COVID wave, lockdown hits sales

H&M, the world’s second-biggest fashion retailer, said on Tuesday that local-currency sales fell 10 per cent in its fourth quarter, with a pronounced slowdown in the final month as the second wave of coronavirus restrictions curbed spending. The Swedish giant...

H&M to expand physical stores in India

Swedish apparel retailer H&M will continue to expand its physical stores in India although it is closing down 250 stores globally, betting on the long-term potential of the country, according to a senior company official. According to a PTI report:...

H&M launches global loyalty program 'H&M Member' in India

Swedish apparel retailer H&M on Wednesday launched its global loyalty program, H&M Member, in India expecting it to play a significant role in the company's growth considering the transformation in consumer behaviour in the wake of COVID-19 pandemic. According to...

The Next Big Question: To be or not be sustainable

Even as fashion retail businesses have remained shut and balance sheets have been stressed due to unprecedented challenges led by the outbreak of COVID-19, there has been a simultaneous demand for companies to accelerate their progress on sustainable initiatives...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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