H&M Hennes & Mauritz AB

Apparel and textile industry company news

Subscribe via RSSWhat is RSS?

Latest Articles

H&M optimistic despite Q4 and FY profit tumble Beth Wright | 31 Jan 19

H&M has offered an optimistic outlook on the year ahead, with CEO Karl-Johan Persson confident the fast fashion retailer is on the "right track" despite a fall in profit for both the fourth quarter and full year. 

ILO and H&M Group expand supply chain partnership Beth Wright | 25 Jan 19

A partnership between Swedish apparel retailer H&M and the International Labour Organization (ILO) to improve working conditions and productivity in textile and garment industry supply chains, is to be expanded.

Apparel brands merge screened chemistry approaches into ZDHC Beth Wright | 14 Jan 19

Levi Strauss & Co, Nike, H&M and C&A have agreed to share and align their screened chemistry approaches – and hand the future development of the programmes to the ZDHC Foundation, which is working to steer the industry towards a goal of reducing the discharge of harmful chemicals to zero by 2020.

H&M sees FY sales rise but recovery doubts hit shares Hannah Abdulla | 17 Dec 18

H&M has posted a 5% increase in full-year sales to SEK244.3bn – but shares tumbled by 7% in morning trade to SEK145.14 per share amid concerns over the retailer's recovery.

H&M presents progress on fair living wage strategy Hannah Abdulla | 11 Dec 18

Swedish apparel retailer H&M has hosted a Fair Living Wage Summit in Cambodia to update brands, academics, trade unions and representatives on its progress towards achieving fair living wages for workers in global supply chains.

Swedish fashion firms join forces on climate action Michelle Russell | 6 Dec 18

Swedish fashion chains KappAhl, Hennes & Mauritz (H&M) and Peak Performance have joined forces under the Swedish Textile Initiative for Climate Action (STICA), committing to reduce their climate impact by 30% by 2030.

H&M taps ex Cambridge Analytica exec for big data Hannah Abdulla | 5 Dec 18

Swedish apparel giant H&M Group is exploring ways it can harness artificial intelligence to boost its sustainability efforts and has turned to former Cambridge Analytica research director Christopher Wylie for guidance.

H&M to close Cheap Monday to focus on core business Michelle Russell | 27 Nov 18

Swedish fashion retailer Hennes & Mauritz (H&M) is to close down its Cheap Monday brand following a long succession of negative sales and earnings.

Global protests demand H&M supply chain wage action Michelle Russell | 23 Nov 18

Activists and workers are preparing for a week of global protests to demand Swedish fashion retailer Hennes & Mauritz (H&M) pays living wages and ensures fair employment conditions are implemented for its supply chain workers.

H&M leads event on transparency in industry Hannah Abdulla | 22 Nov 18

Swedish fashion retailer H&M has hosted an event to explore ways the fashion industry can become more transparent.

H&M, Adidas, Gap, Nike largest BCI cotton users Michelle Russell | 15 Nov 18

H&M, Adidas, Gap Inc and Nike have been named in the top five of Better Cotton Initiative's (BCI) top brands list for sourcing the sustainable raw material.

Inditex, M&S help develop forestry mapping tool Beth Wright | 8 Nov 18

Inditex, Kering, H&M, and M&S are among seven apparel brands and industry organisations that have collaborated with forestry conservation not-for-profit Canopy to develop a new interactive tool that aims to help companies transition to a more sustainable supply chain and identify areas of potential sourcing risk.

H&M named world’s biggest user of sustainable cotton Beth Wright | 24 Oct 18

Swedish clothing giant Hennes & Mauritz (H&M) has been named the world's biggest user of sustainable cotton and man-made cellulosic materials in a move the company says takes it one step closer to its goal of using only recycled or other sustainably sourced materials by 2030.

Top stories this week on just-style... Beth Wright | 19 Oct 18

Top stories on just-style this week include H&M hitting back at claims it "unnecessarily incinerated around 100,000 pieces of clothing", a look at how nimble new players are building a smart future for fashion, and speakers at the recent Africa Sourcing and Fashion Week are optimistic at the continent's capability in the textile and apparel sector.

H&M hits back at new claims it destroys unsold clothes Hannah Abdulla | 15 Oct 18

Swedish apparel retailer H&M insists it only burns stock that breaks its "chemical restrictions," after a group of German investigative reporters alleged it "unnecessarily incinerated around 100,000 pieces of clothing."

Fashion brands reaffirm Europe GFA commitment Michelle Russell | 4 Oct 18

Inditex, H&M and Asos have committed to continuing their work on building collective bargaining for garment and footwear workers in Southeast Europe as part of the global framework agreement (GFA).

H&M optimistic as transformation strategy takes hold Beth Wright | 27 Sep 18

H&M CEO Karl-Johan Persson is confident the Swedish fashion retailer's transformation strategy is bearing fruit as its improvement work helped boost sales in the first nine months of the year, despite a drop in earnings and the "many challenges" that still remain.

Monki reaches 100% sustainably sourced cotton goal Beth Wright | 25 Sep 18

Scandinavian fashion brand Monki says it will reach its goal to source 100% of its cotton products sustainably by the autumn.

H&M hits back at claims profits "built on poverty wages" Hannah Abdulla | 24 Sep 18

H&M has hit back at campaigners alleging the brand is falling short of its responsibility to protect workers in its supply chain through compensation, despite the retailer announcing last week almost 1m workers are benefiting via its fair wage strategy.

Almost 1m workers benefiting from H&M fair wage strategy Beth Wright | 20 Sep 18

Swedish clothing giant H&M says almost 1m workers are now using its global Fair Living Wage Strategy, which encompasses the vision that a fair living wage should be paid by all its suppliers.

H&M returns to sales growth in Q3 Beth Wright | 17 Sep 18

Shares in Hennes & Mauritz (H&M) were up by almost 13% this-morning (17 September) as the Swedish fashion retailer regained its upward trajectory after two straight quarters of flat sales growth.

H&M uses recycled cashmere and velvet in latest line Beth Wright | 11 Sep 18

Swedish fashion retailer Hennes & Mauritz (H&M) has introduced new sustainable materials including recycled cashmere and velvet into the first autumn/winter collection from its eco-friendly Conscious Exclusive line.

H&M Foundation award has eye on digital innovations Michelle Russell | 31 Aug 18

Non-profit H&M Foundation is keeping a close eye on digital innovations this year as it opens the fourth round of its annual Global Change Award.

Burberry defends "responsible" destruction of goods Beth Wright | 25 Jul 18

British luxury brand Burberry has defended its decision to destroy more than GBP28m (US$36.8m) worth of finished goods in 2018, noting the firm does so in a "responsible manner".

H&M optimistic despite "tough" first-half Beth Wright | 28 Jun 18

H&M remains optimistic about both the year ahead and the future of the whole group despite what CEO Karl-Johan Persson called a "tough" first-half with unsatisfactory sales in the second quarter.

H&M books second straight quarter of flat sales Michelle Russell | 15 Jun 18

Hennes & Mauritz (H&M) has booked its second straight quarter of flat sales growth as the Swedish fashion retailer battles with slowing store traffic.

H&M developing holograms to enhance online shopping Beth Wright | 5 Jun 18

Swedish fast-fashion retailer H&M has partnered with UK augmented reality software developer HoloMe Technologies on a project designed to allow online shoppers to view garments from its Monki brand in 3D using holograms. 

Top 10 apparel brands combined worth US$111.3bn Beth Wright | 1 Jun 18

The world’s top ten apparel brands have grown in value by 5% year-on-year and are now worth US$111.3bn, according to the 2018 Brandz Top 100 Most Valuable Global Brand rankings.

Brands under fire for gender-based violence in Asia factories Michelle Russell | 1 Jun 18

Walmart, H&M and Gap Inc have all come under fire from a global coalition of trade unions, worker rights and human rights organisations that claim women who work in Asian factories making clothes for the companies are at daily risk of assault, sexual abuse and other harassment.

Brands back new bio-based fibres collaboration Michelle Russell | 23 May 18

A group of fashion and textile companies, including H&M and Vaude, are collaborating on a project to produce more sustainable fibres for commercial use by using renewable feedstocks and bio-based technologies.





just-style homepage

Forgot your password?