H&M Chairman Stefan Persson has invested about 538 million dollars in acquiring 20.6 million additional shares in the company this year. Data from the Swedish Financial Supervisory Authority cit

Amsterdam - It almost seems unfathomable that a global industry which generated 1.5 trillion euros in revenues last year does not pay a living wage to all its workers. Yet this is the reality for a

Fact - the fashion industry remains one of the most environmentally damaging industries in the world. In 2015 alone the global industry consumed 79 billion cubic meters of water, released 1,715 mill

London - The fashion leaders of tomorrow are acutely aware of the problems they stand to inherit from the current industry which range from pollution to gender inequality and overconsumption. Which i

If the global fashion industry wishes to secure its future then now is the time to come together to and takes steps towards a circular system. That was the main takeaway from the Copenhagen Fashion S

Affluent and aspirational urban Indian households are now more willing to spend on branded clothing and shoes. But there’s a still another segment that remains out of reach. Close to 67 per cen

H&M group sales including VAT increased by 7 percent in local currencies in April 2017 compared to the same month the previous year. The total number of stores in the group, the company said, am

H&M is looking to have about 20 stores in India by December 2017. The Swedish retailer entered India 18 months ago and as of now it has 15 stores spread across nine cities. The long-term plan for

The H&M group’s sales including VAT during March 1 to March 28, 2017 increased by 7 percent in local currencies compared to the same period last year. For the whole month of March, sales in

A waste-free fashion industry is the goal of H&M Foundation’s Global Change Award and the second edition saw innovative vegetal leather called "Grape Leather” as the winner of the pub

London - The H&M Group has taken another step towards taking on a 'closed loop' business model by pledging to use 100 percent recycled or other sustainably sourced materials in its products by 20

London - Swedish fast-fashion giant H&M Hennes & Mauritz AB shows no signs of slowing down or fear of competition as the group has announced the launch of a brand new retail brand: Arket. The

The H&M group’s sales including VAT amounted to 54,369 million Swedish krona (6,125 million dollars) in the first quarter, an increase of 7 percent. Sales excluding VAT amounted to 46,985 m

London - In its efforts to encourage textile innovation and led the way towards a circular economy within the fashion industry the H&M Foundation has launched the second cycle of its annual Globa

In the first quarter of 2017, H&M group’s sales including VAT amounted to 54,369 million Swedish krona (6,125 million dollars), an increase of 7 percent. Sales excluding VAT amounted to 46,

London - Today it is virtually unthinkable to launch a fashion brand without taking sustainability into account. The increasing challenges faced by the global fashion industry range from natural reso

London - With the increasing demand for athleisure and active wear, it should comes as little surprise that Nike has retained its title as the world's 'most valuable' apparel brand once more. In fact

Global sports giant Nike has once again been named the world’s ‘most valuable’ apparel brand, according to London-based valuation and strategy consultancy Brand Finance, after a 13

H&M has said forget it all to gender constructs, and has launched a unisex collection with Denim United that will arrive on hm.com on March 23. The fast-fashion retailer has described the collect

Swedish retail group H&M is encouraging its suppliers to pay their workers digitally through mobile money or other digital forms, rather than cash, after becoming the first fashion brand to join

For the first time in six years, the customary end-of-season sale at Zara, Mango and Marks & Spencer has meandered way past its traditional deadlines – without emptying the shelves. Low con

Bangalore has just got its second H&M store. Here customers will be able to shop across two floors of fashion inspiration and timeless classics for the whole family, with dedicated sections of ap

H&M, the Swedish fast fashion retailer, is doing brisk business in India. For the year ending November 30, 2016, H&M India clocked a turnover of Rs 446 crores across 12 stores. H&M will n

Foreign retailers are embarking on ambitious expansion plans in India. But with many Indians still fiercely loyal to traditional dressing — and with less purchasing power than their counterpart

Global marquee fashion and lifestyle brands such as Gap, Zara and The Body Shop are resorting to price cuts to stay competitive and increase their market share in the price-sensitive Indian market. U

Modern retail in India is expected to double in size in three years across the top six retail markets of the country. These include NCR (national capital region), Mumbai, Chennai, Bangalore, Pune and

The H&M group’s sales including VAT increased by 8 percent in local currencies in January 2017 compared to the same month last year. The company said, sales in January were negatively affec

Global fashion and lifestyle brands are resorting to price cuts to stay competitive and increase their market share in the Indian market. UK’s cosmetic brand The Body Shop has slashed prices ac

Fashion retailer H&M has unveiled that its new Conscious Exclusive collection will include a new sustainable material Bionic, a recycled polyester made from plastic shoreline waste. The new fabri

London - As Myanmar continues to invest in becoming one of the leading garment-producing and exporting countries, a new report shines a light on the growing number of issues emerging in its fashion s