H&M

Following H&M’s Q1 FY figures for 2019/20, Kate Ormrod, Lead Retail Analyst at GlobalData, a leading data and analytics company, comments: ‘‘Present in 74 markets, H&M’s global operation makes the challenge of dealing with COVID-19 all the more harder, ensuring...

German sportsgear maker adidas on Wednesday said it had made ‘a mistake’ when it decided not to pay rent on its shuttered shops in April, after the move sparked a widespread outcry. adidas was one of a string of...

Global retailers including adidas and H&M sparked outrage in Germany on Sunday after announcing they planned to stop paying rent on stores that have been forced to close over the coronavirus outbreak. Finance Minister Olaf Scholz urged leading companies...

Clothing supply chains are unravelling fast as the fallout from the novel coronavirus (COVID-19) outbreak hits retailers and manufacturers across the world, writes GlobalData. From initial concerns over the disruption to deliveries of clothing from China, where the outbreak began,...

Fathom this - e-commerce marketplace fashion player Myntra has more than 400+ kidswear brands listed on their portal. Amazon has close to over 200 and Flipkart has over 2,000+ brands listed under their kidswear category! The online market for...

Authentic Brands Group (ABG), a global brand development, marketing, and entertainment company, announced the appointment of Daniel Kulle as the Chief Executive Officer of Forever 21. Kulle is a visionary, dynamic, and inspirational executive with over 20 years of experience...

The outlook for the UK accessories market is bleak, with forecast growth of just 2.6 percent out to 2024, according to leading data and analytics company GlobalData. This makes it the worst performing category in the clothing sector. Kate Ormrod,...

After serving the company for over 20 years as Chairman of the board, Stefan Persson has decided not to stand for re-election at the AGM on May 7, 2020, paving way for current CEO Karl-Johan Persson to succeed him...

Swedish fashion retailer Hennes & Mauritz (H&M) posted a 42.54 percent rise in sales in India to Rs 1,486 crore for the fiscal ended November 2019. The company had posted sales of around Rs 1,043 crore in 2018, the H&M...

H&M announced its first global collaboration with the iconic Indian label Sabyasachi, launching on April 16, 2020. The Sabyasachi x H&M collaboration themed ‘Wanderlust’ will present hand-crafted, eclectic travel pieces that will resonate with the modern global nomad wanting...