SWEDEN: H&M sales jump 15% in July
Global clothing chain H&M boosted its sales by 15% during July, compared to the same month last year, following an 8% rise in total sales last month.
Same-store sales during July increased 3%, recovering from a 2% same-store decline for the Sweden-based company last month.
H&M operated 1,601 stores on 31 July 2008, up from 1,422 on 31 July 2007, including 20 stores acquired in connection with the takeover of Fabric Scandinavien in March this year.
Help test our new apparel sourcing tool.
Retail giant Wal-Mart Stores is cutting between 700 and 800 jobs at its Walmart US and Sam's Club operations - including an unspecified number of apparel positions - as it tries to weather the economi...
Here is a roundup of the top five most-read stories on just-style this week. Click on each headline for the full story....
Retailer Abercrombie & Fitch blamed a "nightmare" fourth quarter as the company's profit slumped to US$68.4m from $216.8m for the same period last year....
Italy yesterday (12 February) named commissioners to oversee the administration of Ittierre SpA, the young lines division of fashion company IT Holding SpA....
Dyes and chemicals maker Huntsman Corp is suspending production for up to seven weeks at its largest site in Switzerland as it proceeds to restructure its Textile Effects business in a move that will ...
Activewear company Adrenalina has named four director nominees for election to the board of directors at its buyout target Pacific Sunwear of California....
The spring advertising campaign from JC Penney Company for the first time focuses on the retailer's own range of designer brands as it seeks to attract shoppers trading down from high end stores and b...
Jeans-led apparel operator Levi Strauss & Co has hailed a "solid" 2008 despite recording a 77% slump in fourth quarter net income....
- Unlocks for the future fashion sourcing landscape
- EU eyes mandatory due diligence for apparel supply
- Geo-political uncertainty and how to survive it
- What TTIP might mean for US, EU textiles & apparel
- Where next for Corporate Human Rights Benchmark?
- Li & Fung forms supply chain partnership with PVH
- US Q4 in brief – Finish Line, Oxford Industries
- Sears has "substantial doubt" of future
- World Bank commits $57bn to sub-Saharan Africa
- Target unveils "ambitious" store re-design plans
- Central and East Europe Report Package
- Central America strategic sourcing review - a focus on Guatemala, El Salvador and Honduras
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- When Things Go Wrong - A Practical Guide to Managing Common Problems in Apparel Sourcing
- Outdoor performance apparel 2016: A broader perspective