H&M

Swedish fashion chain H&M will reintroduce delivery costs for small orders, even to membership card holders. This way, the company hopes to save on logistical expenses and repair the group's profitability.

Six years after the collapse of the textile factories in Rana Plaza, in Bangladesh' capital Dhaka, NGOs demand renewed attention for working conditions in low-wage countries. H&M leads the way, giving information about the production of each separate item of clothing.

Some good news for H&M: the first quarter of 2019 saw far better profit results than expected. Margins are increasing again, as the Swedish fashion giant is no longer forced to offer so many discounts.

Net profit at Swedish group H&M has gone down by 21.8 % in 2018: "due to logistical expenses", the chain says. Nevertheless, the investments seem to be fruitful as turnover has already increased by 5.2 %.

H&M is pulling the plug on Nyden, a Los Angeles-based subsidiary brand that was created to appeal to young people by working with influencers and celebrities. The brand barely lasted for a year. Meanwhile, the group is investing in innovative store concepts.

At the beginning of next year H&M subsidiary Monki plans to open a new concept store in Brussels: after Ghent and Antwerp it will be the Scandinavian chain's third store in Belgium.

A warmer store environment, yoga lessons and espresso: these are some of the ingredients with which Swedish fashion retailer H&M intends to become more relevant to consumers. The chain just opened a renewed concept store in Stockholm.